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: It is mainly to perfect the elements according to our goals
found in conceptual design and it firmly identifies the
and the deployment of time, cost, and
specific staff or tools. This phase also prepares a
documentation for future usability. It also
complete schedule with all list of raw-material
fixture to import
& other administrative planning queries. Costs
for each task is identified
& funds are allocated to right people
for specific task
After the Final-Cost determination for project, a
cost-based analysis with ordered tasks must be conducted to find any
probability if the specified budget exceeds or lacks the project at End. This
is usually a part of Feasibility study at start. There are several situations,
such as in competitive bidding, where costs can be incurred during phases.
3. Executing stage: before proper implementation, there must be some Testing
activity to identify if any documentation is missing &
set to repetition to perfume tasks with great
Implementation comes, all raw-process with major
functions are implemented here in this phase
the essence of project. After this phase some visual
effects can be seen easily about the
project. All plans are
under the supervision of Project Manager so that at
is successfully integrated in organization.
4. Closing stage: It
usually includes 3 major tasks:
the product to the customer
resources for future use
the project might include customer training and
documents to clients organization also.
times Redeployment usually involves releasing project
to other projects or to their owner from
fetched them and finding new tasks for staff for
equipment. Post analysis of project learns some
lessons to company for further betterment & also
the experience for new-comers.
closure phase evaluates the efforts of the total system and serves as input to
phases for new projects and systems. This final phase also has an impact on other
ongoing projects with regard to identifying priorities. In practice, The
Technique of Project Life Cycle is used by companies to manage the Timing, Budget
of major functions or tasks over the
life of the project.