C1 M3- Phases in action: Initiating and planning Flashcards
What are the four phases of the project life cycle?
- Initiate the project
- Make a plan
- Execute and complete tasks
- Close out the project
What is the focus of the initiation phase in a project?
The initiation phase focuses on organizing all available information about the project, defining goals, identifying resources, and creating a project proposal for approval.
Why is it important to define project goals during the initiation phase?
Defining project goals makes the project details clear, allowing the team to understand what they need to achieve for successful project completion.
What are deliverables in the context of project management?
Deliverables are specific tasks or outcomes that contribute to achieving the project’s goals, such as raising a certain amount of money or collecting signatures.
What are examples of resources in project management?
Resources include people, equipment, software, vendors, physical spaces, and anything else needed to complete the project.
What happens after the project proposal is approved?
Once the project proposal is approved, the project moves into the planning phase, where the budget, schedule, team roles, and responsibilities are established.
What are some common types of risks in project management?
Common risks include scheduling delays, budget changes, technology requirements, legal issues, quality control, and access to resources.
What is the role of a project manager during the planning phase?
The project manager creates a budget, sets the project schedule, establishes the team, assigns roles, plans for risks, and communicates the plan to the team and stakeholders.
Why is it important to communicate the project plan to the team and stakeholders?
Communicating the plan ensures team members understand their tasks, know what to do if problems arise, and keeps stakeholders informed about progress and plans.