The Project Lifecycle

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The Project Lifecycle by Mind Map: The Project Lifecycle

1. The Conceptualization/Initiation Phase

1.1. Make business contract

1.1.1. With all information needed to get the project started

1.2. Statement of Work

1.2.1. Document for explaining terms & objectives for the project

1.3. Present business case

1.3.1. Make sure solutions are approved

1.3.2. With solutions along with what could go wrong

2. The Planning Phase

2.1. Resources available

2.1.1. Time available

2.1.2. SCOPE Management

2.2. Project budget

2.2.1. Providing cost: labor, equipment, and everything being used

2.3. Make task to certain resources

2.3.1. Schedule is produced

3. The Implementation/Execution Phase

3.1. Strategic Planning

3.1.1. Creating task to be assigned

3.1.2. Manage budget

3.1.3. Manage the quality of the work and time spent

3.2. Implementation planning

3.2.1. Communication

3.2.2. Control over the planning

3.2.3. Make adjustments as needed and record them to the plan for meetings

4. The Termination Phase

4.1. Conclude with project team

4.1.1. Make sure all project goals are met

4.1.2. Provide information to team for report to stakeholders

4.2. All items are assigned new duties

4.2.1. Conclude on current project and get ready for new project

4.3. Resources returned

4.3.1. Return equipment

4.3.2. Budget was met

4.4. Project handed over to planned users

4.4.1. Terminate contracts