Defining Project Lifecycle With PMP Certification

Like humans, projects do have life cycles. They do have starting and ending dates like birth and death of living beings. But, if you wonder what makes a project successful, its always proper execution and planning like how you plan for building a career for yourself. In the case of projects, everything applies the same. The reality is, not everyone knows how to plan and execute successfully. Some learn with experience, and others learn to take the courses. However, gaining through experience is a long term journey, and learning from courses is a short one that requires less hard works and long successful career paths. 


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The project lifecycle has five different phases from the beginning of the project to the end of it. When you follow these phases properly, and sincerely the chances of success in projects go high. And this is the main reason why PMP certified professionals are more successful than non PMP certified professionals. They understand and know the importance of five phases of the project lifecycle towards the success of the projects. 


The Five Phases Of Project Lifecycle are 


  • Initiating phase

  • Planning phase

  • Executing phase

  • Controlling and monitoring phase

  • Closing phase


Initiating Phase


The initiating phase is the first phase of the project lifecycle that defines the project and develops business and its reports. And, it gets approved by the higher managers or authorities. During this time, the project managers perform the feasibility study, create project carters, identify key stakeholders, and select; project management tools for high-level understanding. 


Planning Phase

The Planning phase very critical as it’s about creating the roadmap of the project that outlines all the phases and outlines all the guidelines of the project. The best way to plan is to take the help of experienced project managers as they plan all these effectively. 


Executing phase


This is the phase where deliverables are meant to fulfill the requirements of the project. It is where most of the people, money, and time are pulled into the project.  A lot of the things are taken into consideration into accounts such as project plan, project scope, project management, and lot more. 


Controlling and monitoring phase 


In this phase happens tandem with the execution phase. Here the project manager has to deal with every aspect of the project to know whether they are in the right direction or not. If the project manager doesn’t monitor everything happening the project he can never control the project if it becomes over time or over-budget.


Closing of Project 


Project is never a single thing it has many little things associated with it that make the whole project. When many small steps associated with project turn successful the project turns out to be successful. Hence the project becomes successful, then comes the final step is known as the closing of the project. 

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