Write a detailed description (project charter) of what the project work will look like (including a project timeline and costs) for the client, so they can see if it fits with their budget and time constraints.ĭon't spend a ton of time and resources on the project initiation phase. Identify the individual deliverables for the project (i.e., landing page audit to track conversions, new strategy implementation). In that case, the initiation phase will analyze the problem and brainstorm how to overcome the roadblocks.īreak down the problem in detail so you can figure out whether or not your plan will actually fix or solve the project.Ĭalculate how long the project will last, how many resources you'll need, and whether or not your agency has the capacity to take it on. Suppose your client is having problems turning landing page visitors into leads with their latest marketing campaign. Here, teams discuss the problem that the project will solve and how they plan to achieve their goals (whether internally or for a stakeholder). This is where you set up the roadmap for success and decide whether it’s feasible. It helps determine the vision, goals, and scope of the project. This phase of the project management life cycle is called project initiation. Project initiation phaseĮvery project life cycle starts with the same question: Why are we doing this project in the first place? Here, we'll explore the five stages of the project life cycle phase and how to execute each one effectively. Knowing each phase's key milestones and deliverables will help you plan and manage your projects effectively. Much like you would break down the life cycle of a customer or a product, there are phases to the process to help you stay on track. What are the 5 phases of the project life cycle? Learning a project life cycle (and why it is so useful) gives leaders a framework to plan, execute, and deliver every project like a smooth operator.

This allows the project manager to break down every task and request into smaller, manageable chunks so it's easier to carefully plan and deliver everything.

It provides structure - or, rather, a roadmap - to help you organize, manage, and track progress.Įach phase has its own objectives and deliverables that build on the next and eventually lead to the successful completion of a project. Get a holistic view into your team's workload with .ĥ phases of the project life cycle What is a project life cycle?Ī project lifecycle is a series of phases that define the process of taking a project from its inception to completion. See who has capacity to take on more work, quickly assign tasks to the right people, and ensure no one is overburdened.

Phase relations in the ten year cycle