The Project Life Cycle
It is Special Technique which involves all phases, activities & tasks related to a
Project’s completion. Almost every organization or company finds it useful to
use Project Life Cycle as the basis for creating & finishing their
projects. A Project life cycle figures out that projects have limited resources,
skill & scope and that there are some
possibility of increments towards Project and concentrate over the Completely
finished Project by considering all related processes, procedures, activities
etc. in a well-organized order.
Characteristics of Project Life Cycle
a well-defined beginning and the end with
the all liked operations & finds organization for Project
the required Technology
of staff to their right task according to their skill
estimation at each phase
the Risk Management process for the Project
the capabilities of the stakeholders to influence the project’s application,
scope & other reliabilities.
is higher in the beginning and gets progressively lower as project continue
the repair-cost at each phase of Project development
There is a large number of models for project development
& its managing but no any agreement among companies about any model. Usually
project management undergoes through 4 phases named as Definition, Planning,
Implementation & Closing and these
phases are unique among all those models. There is also a phase called
conceptual to find the Feasibility of project.
The conceptual phase, includes of risk and identifies the
impacts on the time, cost, and performance requirements, together with the availability
of tools from company. This is first effort to find Projects Feasibility.
1. Defining stage: All
specified requirements of the project are defined, if some
then some discussions are made to identify them,
objectives are established, staff is
task with right jo & responsibilities are assigned to them.
2. Planning stage: The level of effort increases, and plans are developed to
determine what the
project will entail, when it will be scheduled, whom it
will benefit, what quality
should be maintained, and what the budget will be.
3. Executing stage: A major portion of the project work takes place—both
physical and mental.
The physical product is produced (a bridge, a report, a software
Time, cost, and
specification measures are used for control. Is the project
on schedule, on
budget, and meeting specifications? What are the
forecasts of each
of these measures? What revisions/changes are
4. Closing stage: Closing
includes three activities: delivering the project product to the
customer, redeploying project resources, and post-project
project might include customer training and transferring documents.
usually involves releasing project equipment/materials to
projects and finding new assignments for team members. Post-project
include not only assessing performance but also capturing lessons
practice, the project life cycle is used by some project groups to depict the
of major tasks over the life of the project. For example, the design team
plan a major commitment of resources in the defining stage, while the quality
would expect their major effort to increase in the latter stages of the project
cycle. Because most organizations have a portfolio of projects going on
concurrently, each at a different stage of each project’s life cycle, careful
and management at the organization and project levels are