Project process cycle , Project Management

Project process cycle 

Any project professionally planned will target specified goals within the framework of time with available resources. The project passes through the following six phases for achieving the desired tasks: 

1.  Conceptualisation: The conceptualisation stage gives a broad outline of project, its purpose and budget estimates for the same

2. Project definition: A project, post conceptualisation enters this stage if it is technically feasible. This phase defines the project in detail, develops the project description and determines time schedules, mode of accomplishment of work and resource estimates. 

3.  Planning: This is a crucial phase of any project since the success of the project totally depends on the professionalism built in this stage. Planning takes care of creating the organisation to manage the project, developing detailed plans, identifying tasks, budget and resources. This should also define how the various tasks and activities in the project will come together to complete the task. 

4.  Preliminary studies: This stage involves a review of planning done in the previous stage before execution of the project begins. In this phase, the assumptions made in project plans are validated through various modes like data collection, discussions with experts, and so on.  

5.  Performance:  This phase entails execution of the project as per the plan. The project manager will  use all the project control tools and techniques in executing the project. This activity consumes the longest time and large resources compared to other phases of the project. 

6.  Post completion:  In this stage, the project manager evaluates the results and confirms that the results meet the expectations of the management. The project teams meet to discuss the strengths and weaknesses of the project, the effectiveness of the systems and procedures for future reference. This is followed by reassignment of project personnel to other projects. All other activities like restoration of equipment, facilities and so on are also taken care of in this stage. Documents connected with the project are filed systematically for future reference. 

We must note that the contract process cycle begins with the initial stages of the project process. Hence, documentation process can be effectively managed if the phases of the project are systematically planned and adhered to. 

Posted Date: 9/27/2012 8:11:56 AM | Location : United States







Related Discussions:- Project process cycle , Assignment Help, Ask Question on Project process cycle , Get Answer, Expert's Help, Project process cycle Discussions

Write discussion on Project process cycle
Your posts are moderated
Related Questions
Describe the incremental approach to orderly acceptance testing. Acceptance test: The users are invited to perform an acceptance test to check which what they have asked

Factors of Quality The implications here are that quality is to be viewed in its totality and not restricted only to the quality of production or products or some aspects

Q. Why do projects always seem to take longer than expected? Usually this is because it is relatively easy to assign time allowances to all the activities that have been though

Empowering the staff assists to accomplish optimal business results through team work. Empowerment occurs when employees are adequately trained, provided with all relevant inf


External recruitment has certain merits: The selection of staff can be made from a much greater number of people. It brings individuals into the organization who have d

Identify the critical path by activities and duration. Activity          Duration (Wks)       Preceded by A                     5                               -

I need a decision matrix- a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 I need the acual model calculated based

We are two partners, starting a new business "Events Management" and we have to prepare the business plan with 7P''s, how could you help us?

QUESTION While scoping a project, as much information as possible should be gathered about the wants and concerns of sponsors and end-users. What are the useful channels of