C1 M3- Exploring the phases of the project life cycle Flashcards
What is the project life cycle?
The project life cycle is the basic structure of a project, consisting of four major phases:
- Initiating the project
- Making a plan
- Executing and completing tasks
- Closing the project.
What is the purpose of the project life cycle?
The project life cycle guides the project in the right direction, ensuring it stays on track and is completed successfully.
What happens during the “initiate the project” phase?
The project manager defines goals, deliverables, budget, resources, team members, and other relevant details. This information is documented to showcase the project’s value and secure approval to move forward.
Why is planning an essential phase in the project life cycle?
Planning ensures the project goals can be achieved by defining budgets, tasks, team roles, schedules, resources, and strategies for managing changes or problems.
What should a project plan include?
A project plan should include a budget, task breakdown, team roles, responsibilities, communication methods, a schedule, resources, and contingency plans.
What is the project manager’s primary role during the “execute and complete tasks” phase?
The project manager monitors progress, keeps the team motivated, and removes obstacles to ensure tasks are executed on time and effectively.
Why is it important to close a project?
Closing a project allows the team to celebrate success, evaluate performance, identify lessons learned, and inform stakeholders of the project’s accomplishments.
Why is reflecting on a project after completion valuable?
Reflection helps identify what worked and what didn’t, allowing for better planning and execution in future projects.