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The IEEE Project Lifecycle is a structured approach to managing projects within the Institute of Electrical and Electronics Engineers (IEEE) framework. Initiation, planning, execution, monitoring and regulating, and closing are some of its aspects. This lifecycle emphasizes careful planning, efficient execution, and ongoing monitoring to accomplish project objectives within the specified scope, schedule, and budget. It guarantees a methodical progression from project start to conclusion.
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IEEE Project Lifecycle www.anaacademy.in
1.Initiation: In this stage, the project is conceptualized and its feasibility is assessed. Project goals, scope, and objectives are defined. www.anaacademy.in
2.Planning: Detailed planning takes place in this stage. Project activities, tasks, resources, and timelines are planned. www.anaacademy.in
3.Execution: This is where the actual work of the project takes place. Resources are mobilized, and tasks are distributed to team members. www.anaacademy.in
4.Monitoring: Throughout the project, progress is monitored against the project management plan. Performance is measured to ensure that project objectives are being met. www.anaacademy.in
5.Closure: The project is formally closed out in this stage. Final deliverables are presented to stakeholders. www.anaacademy.in
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