Lecture Notes: Typical Project Phases
Lecturer: Devon Dean, Content Director at ProjectManager.com
Topic: Typical Project Phases
Introduction
- Discussion on the four basic phases of every project:
- Initiation
- Planning
- Execution
- Closing
- Aim to show relationships and expected activity levels in each phase.
1. Initiation Phase
- Objective: Prepare groundwork for the project.
- Activities:
- Develop business case and feasibility study.
- Convince stakeholders of the Return on Investment (ROI).
- Assemble ideas, outline budget, and identify skills needed.
2. Planning Phase
- Objective: Detailed project planning after approval.
- Activities:
- Create project schedule, resource plan, and cash flow.
- Firm up the budget and identify skills needed.
- Assemble project team and prepare statements of work.
3. Execution Phase
- Objective: Implement project activities.
- Activities:
- Perform risk, issue, and change management.
- Manage communications and integration with stakeholders.
- Control processes and ensure quality of deliverables.
4. Closing Phase
- Objective: Finalize the project.
- Activities:
- Package deliverables and cancel vendor contracts.
- Gain acceptance of deliverables.
Sub-Phases in Project Phases
- Example Phases: Design and Implementation.
- Design Phase:
- Initiation: Create high-level design documents.
- Planning: Detail architecture and systems.
- Execution: Draft functional specifications and control activities.
- Closing: Gain acceptance of design specs.
- Implementation Phase:
- Initiation: Kickoff meeting with project team.
- Planning: Develop task list and assign accountability.
- Execution: Complete tasks and monitor progress.
- Closing: Conduct acceptance testing and handover.
Activity Levels Across Phases
- Initiation & Planning:
- Gradual ramp-up in activity, peak, and then trail off.
- Includes feasibility studies and business case preparation.
- Execution:
- Largest activity phase involving ramping up team and completing tasks.
- Closing:
- Finalize deliverables and confirm acceptance criteria.
Conclusion
- Phases can have sub-phases such as design and implementation.
- Activity levels vary, helping to prepare time allocation for project teams.
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