Project Management Life Cycle Phases: What are the stages?

โšก Smart Summary

Project Management Life Cycle is a framework of essential activities that transforms an idea into a completed project. It consists of four phasesโ€”Initiation, Planning, Execution, and Monitoring, Controlling and Closingโ€”each with defined processes, inputs, and outputs.

  • ๐Ÿš€ Initiation: Defines the project through a Project Charter and Stakeholder Register, officially authorising the work to begin.
  • ๐Ÿ—บ๏ธ Planning: Covers about 50% of the process, building the WBS, schedule, activity estimates, and baselines that guide execution.
  • โš™๏ธ Execution: Produces the deliverables while managing the team, quality assurance, communications, procurements, and stakeholders.
  • ๐Ÿ“ˆ Monitoring and Controlling: Tracks scope, schedule, cost, quality, risk, and change control to keep the project on plan.
  • ๐Ÿ Closing: Formally closes the product, project, and procurements, transitioning final results and updating organisational assets.

Project Management Life Cycle Phases

What is a Project Management Life Cycle?

Project Management Life Cycle is a series of essential activities for accomplishing project objectives or targets. It is a framework that includes the stages to transform an idea into reality. Projects may have different dimensions and difficulty levels, but they can be mapped to the Project Management life cycle structure, whatever the project’s size is.

Project Management Life Cycle Phases

The Project Management Lifecycle process is divided into four main parts: the Initiation phase, Planning phase, Execution phase, and Monitoring, Controlling and Closing phase, as shown in the below diagram.

Project Management Life Cycle Phases

Four Phases Of Project Management Life Cycle

We will look at every Project Life Cycle phase below.

Project Initiation Stage

The initiation phase defines those processes that are required to start a new project. The purpose of the project initiation phase is to determine what the project should accomplish.

This phase is mainly composed of two main activities:

  • Develop a Project Charter, and
  • Identify Stakeholders

All the information related to the project is entered in the Project Charter and Stakeholder Register. When the project charter is approved, the project becomes officially authorized.

Project Charter

The Project Charter defines the project’s main elements:

  • Project goals
  • Project constraints and problem statements
  • Assign project manager
  • Stakeholder list
  • High-level schedule and budget
  • Milestones
  • Approvals

This document allows a project manager to utilize organizational resources for the sake of the project. To create a project charter, the inputs required will be enterprise environment factors, a business case, agreements, a project statement of work, and organizational process assets.

Identifying Stakeholders

A stakeholder can influence the success and failure of the project. To note down the information about the stakeholder, a Stakeholder Register is used.

The stakeholder register will have information like:

  • Type of stakeholder
  • Expectation of stakeholder
  • Role in project (Business Analyst, Tech architect, Client PM)
  • Designation (Director, Business Lead, etc.)
  • Type of communication (Weekly/Monthly)
  • Influence on the project (Partial/Supportive/Influential)

The other activities involved in the initiating process group are:

  • Assigning the project manager
  • Determining the stakeholder needs, expectations, and high-level requirements
  • Define the project success criteria
  • Identify a particular budget for a particular stage
  • Make sure that the project is aligned with the organization’s strategic goal

The stakeholder register and project charter are used as inputs to the other development groups, such as the planning process group.

Project Planning Stage

The Project Planning phase covers about 50% of the whole process. The planning phase determines the scope of the project as well as the objective of the project. It begins with the outputs of the initiation phase (charter, preliminary scope statement, and project manager). The output of the planning phase serves as the input for the execution phase.

The important aspects of the planning process are:

  • The planning phase should not be executed before your initial planning is finished.
  • Until the execution process starts, you should not stop revising plans.

Create Work Breakdown Structure (WBS)

For any successful project, the WBS (Work Breakdown Structure) is important. Following are the steps to create a WBS:

  • Conduct a brainstorm to list all the tasks.
  • Involve your whole team for brainstorming.
  • Write down the structure tree of the task, also known as the WBS (work breakdown structure).
  • Further break down your top WBS into a hierarchical set of activities, for instance, categories, sub-categories, etc. For example, hardware, software, trainee, management teams, etc.
  • Define how to record the items into your WBS.
  • Ask other people โ€“ it can be an expert, experienced personnel, etc.
  • Granularity โ€“ how detailed should your task be? Estimating cost and time for higher granularity is hard, while for lower granularity it will be bogged down with too detailed information.
  • Granularity should be of the right level, not too high or too low.

Planning Schedule Management

Plan Scheduling is the process of establishing the procedures, policies, and documentation for planning, managing, executing, and controlling the project schedule. The inputs in these activities include:

  • Project management plan
  • Project Charter
  • Enterprise environmental factors
  • Organizational process assets

The output of the Planning Schedule Management includes:

  • Schedule management plan

Defining Activities

Defining Activities is the procedure for documenting and identifying specific actions to be performed to produce the project deliverables.

Defining Activities

In define activities, each work package is broken down into individual work schedule activities. The inputs of the defining activities include:

  • Schedule management plan
  • Scope baseline
  • Enterprise environmental factors
  • Organizational process assets

While the outputs of these activities are:

  • Activity list
  • Activity attributes
  • Milestone list

Sequence Activities

Sequence activities is nothing but logically organizing the output of “define activities.” It determines the order in which the activities need to be performed.

Sequence Activities

The main output from the sequence activity process is the “Network Diagram.”

A network diagram is nothing but posting the tasks on a board in a logical order.

For example, if you want to start a business in a foreign country, what will be your list of activities and what will be the order in which it should be done?

You will perform activities in this order:

  1. Choose a country
  2. Get a business permit
  3. Hire a manager
  4. Buy a property
  5. Buy the furniture, etc.
  6. Open the business

Estimating Activity Resources

This stage explains the process of estimating the work effort and resources required to complete the task. The other factor that has to be considered at this stage is the availability of the resources.

While estimating resources, the focus should be on the longest path of the plan (Critical Path), which is going to consume more time and money.

You have to estimate resources for two tasks:

  • Critical tasks
  • Floating tasks

Make sure that your critical tasks are accurately estimated (completion time).

There are five inputs used to estimate activity resources:

  • Schedule Management Plan
  • Activity list
  • Resource Calendar
  • Enterprise environmental factors
  • Organizational process assets

The output of this stage is:

  • Activity resource requirements
  • Resource breakdown structure
  • Project documents updates

NOTE: All the activity that is done so far (define activities + sequence activities + estimate activity resources) is going to help in “Develop Schedule.”

Estimating Activity Durations

Estimating Activity Duration is the process of estimating the number of work periods (weeks/months) required to complete the individual task with estimated resources. This step defines how much time an individual task will take to complete.

You cannot calculate activity duration without calculating the work effort and resources required to complete the task. The estimating process should be done in this order:

  • Estimate work effort first
  • Followed by estimating the resources
  • Followed by estimating the duration of the task

To estimate activity durations, you need inputs:

  • Activity list
  • Activity attributes
  • Resource calendars
  • Project scope statement
  • Organizational process assets
  • Enterprise environmental factors

While there are two main outputs:

  • Estimate activity durations
  • Estimate activity durations โ€“ project document updates

This technique is also referred to as PERT (Project Evaluation and Review Techniques) estimates.

Develop Schedule

Develop Schedule is the process of analyzing activity sequences, resource requirements, durations, and schedule constraints to create the project schedule model. For scheduling each task, three main factors are taken into consideration:

  • Duration
  • Task dependencies
  • Constraints

Using these factors, the project calculates the start date and finish date for each task.

A scheduling software can be used to create a schedule. It generates a schedule model with planned dates for completing project activities.

The input of this tool includes:

  • Schedule management plan
  • Activity list
  • Activity attributes
  • Project schedule โ€“ network diagrams
  • Activity resource requirements
  • Resource calendars
  • Activity duration estimates
  • Project scope statement
  • Risk register
  • Project staff assignments
  • Resource breakdown structure
  • Enterprise environmental factors
  • Organizational process assets

The output from this would be:

  • Project Schedule
  • Project network diagram
  • Gantt charts or Bar charts
  • Milestone chart
  • Schedule baseline
  • Scheduled data
  • Project document updates

Control Schedule

The last stage of the planning phase is Control Schedule. It is the process of monitoring the status of project activities to update project progress and manage changes to the schedule baseline.

If changes are required to the schedule, they must go through the change control process. The schedule should be managed or controlled by the manager proactively.

There are the following main inputs of the control schedule process:

  • Project management plan
  • Schedule baseline
  • Schedule management plan
  • Project schedule
  • Work performance information
  • Organizational process assets

There are five outputs of control schedule:

  • Work performance management
  • Organizational process assets updates
  • Change request
  • Project management plan updates
  • Project document updates

Project Execution Stage

The executing phase consists of those activities that are defined in the project management plan. This process involves managing stakeholder expectations, coordinating with people and resources, as well as performing other activities related to project deliverables.

Project Execution Stage

Project Execution Phase of Project Management Life Cycle

During the execution phase, the result may require re-baselining and updates to existing project requirements. Action taken in the execution phase may affect the project management plan or documents.

Direct and Manage Project Execution

This stage consumes most of the project cost, time, and resources, as this is the process that produces project deliverables.

There are four inputs to Direct and Manage Project Execution:

  • Project Management Plan
  • Approved change request
  • EEFs (Enterprise Environmental Factors)
  • OPAs (Organizational Process Assets)

While there are five outputs:

  • Deliverables
  • Work performance data
  • Change request
  • Project Management plan updates
  • Project documents updates

During this stage, experts’ judgments, meetings, and reporting KPIs (Key Performance Indicators) are of prime importance.

Performing Quality Assurance

Performing Quality Assurance is the process of auditing the quality requirements and the results from quality control measurements. It is the process of recording and monitoring results of the quality activities to assess performance. Various tools like control charts, cost-benefit analysis, flowcharting, run charts, scatter diagrams, inspection and reviews, etc., can be used for this process.

The main input to this is:

  • Project management plan
  • Quality metrics
  • Quality control measurements
  • Work performance information

While the output of this is:

  • Change request
  • Project management plan updates
  • Project document updates
  • Organizational process assets updates

Acquiring Project Team

During the execution phase, project team acquiring takes place. This is because it is more likely that individuals with different skill sets will be required during the process.

There are three main inputs to acquire a project team:

  • Roles and responsibilities
  • Project organization chart
  • Staffing management plan

While there are three outputs:

  • Project staff assignments
  • Resource calendars
  • Project management plan updates

Develop Project Team

The majority of human resource processes are involved in the executing process; developing the project team is also a part of it. The main purpose of developing the project team is to improve the overall performance of team members. This stage must start early on in the project.

The inputs in the project development team include:

  • Human resource management plan
  • Project staff assignments
  • Resource calendars

Output of this process includes:

  • Team performance assessments
  • EEFs Updates

Manage project team

Managing the project team is one of the important parts of project management. It is the most complex area of project management because many times managers would not be in direct contact with team members; in such a situation, analyzing their performance and deciding their remuneration becomes difficult.

There are five inputs to the manage project team process:

  • Project staff assignments
  • Team performance assessments
  • Performance reports
  • Project management plan
  • Organizational process assets

There are four main outputs:

  • Organizational process assets updates
  • Enterprise environmental factors updates
  • Change request
  • Project management plan updates

Manage Communications

Out of three communication attributes, one falls in the execution process. In the communication management program, there are three main communication aspects that need to be monitored:

  1. Project team members to the project manager
  2. Project managers to the program manager
  3. Program manager to stakeholders or other sponsors

The input of managing communications includes:

  • Communications management plan
  • Work performance reports
  • EEFs
  • OPAs

The output of this stage would be:

  • Project communications
  • Project management plan updates
  • Project documents updates
  • OPAs updates

Conduct Procurements

In this stage, there are two main roles involved: the buyer and the seller. During the procurement process, the activities involved are:

  1. Issue the bid package to potential sellers
  2. Hold bidder conferences
  3. Evaluate potential seller proposals
  4. Select the winning seller proposals

The input of the procurement process includes:

  • Project management plan
  • Conduct procurement documents
  • Source selection criteria
  • Qualified seller list
  • Seller proposals
  • Project documents
  • Make or buy decisions
  • Partnership agreement (teaming agreement)
  • Organizational process assets

While you will have the following outputs:

  • Selected sellers
  • Procurement contract award
  • Resource calendars
  • Change requests
  • Project management plan updates

Manage Stakeholder Engagement

This stage includes actively managing stakeholders throughout the project. To avoid unexpected project delay or abandoning the project in between, stakeholder expectation is identified and quickly resolved.

There are the following inputs to the manage stakeholder process:

  • Stakeholder register
  • Stakeholder management strategy
  • Project management plan
  • Issue log
  • Change log
  • Organizational process assets

The output of this process includes:

  • Organizational process assets updates
  • Change request
  • Project management plan updates
  • Project documentation updates

Project Phase Review

At the end of the execution phase, a project phase review is done. It helps you to document the following activities:

  • Document the result of your project management review
  • Inform the sponsor about the progress of the project
  • Identifying any risk or issues that impacted the project
  • Show deliverables to the stakeholder produced during the project
  • Seek approval to proceed to the next phase

Project Monitoring and Controlling & Closing Stage

After the execution phase, to check that the project is on the right track, the monitoring and controlling phase becomes active. During this phase, various changes and reviews to enhance the project performance are done.

Monitor and Control Project Work

This stage involves tracking, reviewing, and regulating the progress in order to meet the objective of the project. It also ensures that the deliverables are according to the project management plan. The main focus of this step is to identify any changes made from the point of the project management plan to determine appropriate preventive action.

The inputs for this stage include:

  • Project management plan
  • Performance reports
  • Cost forecasts
  • Schedule forecasts
  • Validate changes
  • Enterprise environmental factors
  • Organizational process assets

While the output includes:

  • Change requests
  • Project management plan updates
  • Project document updates

Perform Integrated Change Control

It is one of the most important processes of project management. It is in this stage where the impact of any change is assessed against the project. If a change in this stage occurs at any one part of a project, the whole project will be assessed. It is better to implement changes at an early stage of the project, because as the project progresses, the cost of implementing changes also increases.

The input of this stage includes:

  • Project management plan
  • Work performance reports
  • Change requests
  • EEFs
  • OPAs

While the outputs are:

  • Approved change requests
  • Change log
  • Project management plan updates
  • Project document updates

Validate Scope

Validating scope involves verifying whether the deliverables meet the customer acceptance criteria. The external checking with the customer or stakeholders is part of Validating Scope Management.

The inputs for validating scope include:

  • Project management plan
  • Requirements
  • Documentation
  • Requirements traceability matrix
  • Verified deliverables
  • Work performance data

While the output of the scope validation includes:

  • Accepted deliverables
  • Change requests
  • Work performance information
  • Project document updates

Control Scope

Control scope ensures that it is only the work identified as being in scope that is delivered. The actual result is compared against the scope baseline, ensuring that all of the approved scope is in fact being delivered.

The inputs to the control scope process include:

  • Project management plan
  • Work performance information
  • Requirement documentation
  • Requirements traceability matrix
  • Organizational process assets

While the output includes:

  • Work performance measurements
  • Organizational process assets updates
  • Change requests
  • Project management plan updates
  • Project document updates

Control Schedule

The Control Schedule process helps you in many ways. It helps you to capture current schedule status, determine the variance from the schedule baseline, understand the nature of the variance, and respond by taking appropriate action.

If changes are needed to the schedule, then they must go through the change control process; the change should be re-evaluated, and only then should it be used to update the schedule baseline.

There are the following main inputs to the control schedule:

  • Project management plan
  • Schedule baseline
  • Schedule management plan
  • Project schedule
  • Work performance information
  • Organizational process assets

The output includes:

  • Work performance measurements
  • Organizational process assets updates
  • Change requests
  • Project management plan updates
  • Project document updates

Control Cost

Control cost is comparing baseline cost for each deliverable against the actual cost. The cost baseline should change only in response to a change request that has gone through the Perform Integrated Change Control process. Control cost ensures that your project stays within funding limitations.

The inputs for the Control Cost include:

  • Project management plan
  • Project funding requirements
  • Work performance information
  • Control Cost Organizational process assets

The output for this includes:

  • Earned value work performance measurements
  • Earned value budget forecasts in control costs
  • Change requests
  • Project management plan updates
  • Project document updates
  • Organizational process assets updates

Control Quality

The control quality ensures that the project and product are delivered in line with the quality management plan. It ensures whether the work is performed correctly. The major output of the control quality is the Quality management plan. While the other information that will be helpful is:

  • Existing flowchart
  • Upper and lower control and specification limits contained within the control charts
  • Information is referenced such as sample criteria, sampling numbers, measurements, and variable sampling
  • Quality metrics โ€“ it is a standard measurement to meet the quality requirements
  • It ensures that the proper steps are being followed in order to comply with aspects such as process, policies, or regulations

There are four main outputs from the perform quality control process:

  • Integrated change control
  • Approved change requests
  • Approved change requests review
  • Validated changes

Control Communications

Control communication ensures that the right information reaches the stakeholder. Control communication information includes inputs, tools and techniques, and output that belong to this process.

Control communication can be in any format. It can be:

  • Trending data
  • Tabulated information
  • S-curve
  • Dashboard formats
  • Use histogram

In the control communication process, work information is taken from various other processes, and the performance report is used as an input for various monitoring and managing processes. The main deliverable from the control communication process is the performance record.

Control Risks

Throughout the project cycle, risk analysis is a continuous process. It is important that you continuously analyze, identify, and respond to risks. The activities included in control risk are:

  • Tracking existing risks
  • Monitoring residual risks
  • Identifying new risks
  • Implementing risk response plans
  • Continuously evaluating risk process

The input for control risk is:

  • Risk register
  • Work performance information
  • Performance reports
  • Reserve analysis
  • Risk Audits

The output for the control risk is:

  • Updating risk register
  • Risk management plan

Control Procurements

Out of four procurement plans, the third process of procurement falls in the Monitoring & Executing process group. This stage involves monitoring the vendor’s performance and ensuring that all contract requirements are being met.

The control procurement process involves verifying:

  • Whether goods or services are being delivered
  • Whether it is delivered on time
  • Whether the invoice charged is for the correct quantity
  • Whether all conditions of the contract are being met
  • Whether the relationship between buyer and seller is managed properly

The major input for the procurement process is:

  • Project management plan
  • Procurement documents
  • Agreements
  • Approved change requests
  • Work performance reports
  • Work performance data

The output for procurements is:

  • Work performance information
  • Change requests
  • Project management plan updates
  • Project document updates
  • OPAs updates

Control Stakeholder Management

Many projects stumble due to inadequate management of stakeholders. If the stakeholders are managed properly, there are more chances for project success. In this process, we monitor the current engagement level of stakeholders and take actions accordingly.

The input and output for all these activities include:

InputOutput
Plan Stakeholder ManagementWork performance information
Issue logChange requests
Work performance dataProject management plan updates
Project documentsProject documents updates
OPAs updates

Closing Phase

The closing phase is the process that performs a controlled shut down of the project at the end. In a project, there are three closure activities that are going on:

  • Closure of the product โ€“ Getting the customer to accept the final deliverables, if the project is external
  • Closure of the project โ€“ This includes formally closing administrative procedures, updating project documents, and archiving those databases and documents
  • Closure of the resource behind the project โ€“ The financial closure of the project; resources assigned to the project should be returned

The inputs for this process include:

  • Project Management Plan
  • Accepted Deliverables
  • OPAs

The output of this process includes:

  • Final output, service, or result transition
  • OPAs updates

Close Procurements

For each project development life cycle phase โ€“ planning, executing, monitoring and controlling, and closing โ€“ there is one procurement process. The final closing procurement is done as per the contract between the seller and buyer.

The closing activities and deliverables include:

  • Project performance reviews, including management of risks and issues
  • Updated project management plan to reflect actual results
  • Final reports distributed to appropriate stakeholders

The input for closing procurement includes:

  • Project management plan
  • Procurement documents

While the output includes:

  • Closed procurement
  • OPAs updates

Project Management Ethic of code and conduct

In the end, you will come across the project management ethic of code and conduct, which deals with various human behavioral aspects such as:

  • Responsibility
  • Respect
  • Fairness
  • Honesty
  • Cultural Competence

This code is practiced to induce confidence and bring a common frame of behavior in the project manager.

FAQs

AI supports each phase by drafting charters, estimating schedules, forecasting risks, automating status reports, and analysing performance data. It helps managers spot deviations during monitoring and controlling, so corrective action happens earlier and planning becomes more data-driven.

Yes. AI can build and optimise schedules, predict critical-path delays, and flag budget variances in real time. It automates routine tracking so the project manager can focus on decisions, though final approvals still need human judgment.

A project life cycle covers the phases to deliver one project, from initiation to closure. A product life cycle spans the whole life of a product, from idea through growth and maturity to retirement, and may contain many projects.

A project charter is the document created during initiation that officially authorises the project. It defines goals, constraints, the assigned project manager, stakeholders, a high-level schedule and budget, milestones, and approvals, giving the manager authority to use organisational resources.

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