5 phases of PMP

1. 5 PHASES OF PROJECT MANAGEMENT

2. 1 PROJECT INITIATION The first step in transforming an intangible concept into a worthwhile objective is the project commencement phase. You must create a business case and provide a general definition of the project at this point. You must first ascertain the project's necessity and draft a project charter before you can accomplish that. Swipe Left

3. 2 PROJECT PLANNING Since it establishes the project's direction, the project planning step demands total attention to detail. The second phase of project management is anticipated to take nearly half of the total project duration, unless you are employing a contemporary project management methodology such as agile project management. Swipe Left

4. 3 PROJECT EXECUTION The real work is done by your team throughout the project execution phase. It is the responsibility of a project manager to set up effective procedures and keep a close eye on the work of their team. Keeping project stakeholders continually engaged in productive collaboration is another duty of the project manager during this period. Swipe Left

5. 4 MONITORING AND CONTROLLING The third and fourth phases of the project management process are not consecutive. In order to guarantee that goals and project deliverables are fulfilled, the project monitoring and controlling phase operates concurrently with project execution. By defining Critical Success Factors (CSF) and Key Performance Indicators (KPI), a project manager may ensure that no changes are made to the original plan. Swipe Left

6. 5 PROJECT CLOSING The project management process ends with this stage. Following the last delivery, the project comes to a close at the project closure stage. Sometimes outside expertise is brought on board especially for the project under contract. It is the project manager's duty to terminate these contracts and finish the required paperwork. Swipe Left

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