Project management: 5 steps and phases

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aktAkterSabiha20
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Joined: Wed Dec 11, 2024 3:30 am

Project management: 5 steps and phases

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The amount of planning and work required to manage and complete a project can be overwhelming at first. Rather than jumping at the first opportunity, the best way to tackle it is to break it down into more “manageable” chunks and work on defining the steps to follow. Here’s how to do it, and how to improve your project management.
Most projects consist of 5 phases: initiation, definition and planning, execution, implementation, and finally control and closure. Each phase contains specific tasks that will help you achieve your project objectives. Let's break them down:

Phase 1: Initiation
In this first phase of project management, your team should evaluate the project idea : Does it relate to the business our company is in? Can we do it? Will it be beneficial to us? If you answer yes to all three questions, you can begin to define the scope of the project, the expected results , and identify potential customers . So, if your project requires a feasibility study, now is the time to do so.

The end result of this phase is the project plan, which has to be approved by japan telegram mobile phone number list all parties involved. If you do this correctly, you will avoid misunderstandings and false expectations.

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Phase 2: Planning
At this crucial stage, you need to establish the roadmap for the rest of the project . This should include (but not be limited to):

Of set goals and objectives.
Of estimated costs.
With a defined scope and main products.
The project plan contains information about resource acquisition , how to achieve a quality product, how to manage risks or deal with unexpected situations, how to
communicate with your team
or with external suppliers, and much more. Ideally, you will also have a clear schedule that sets out what needs to be done at each point in time. A good way to do this is to work in stages, aiming for high-level objectives with clear end dates .

By the way: don't stick too closely to the plan. Things never go exactly as you expected, someone on your team might get sick, or some tasks might require more work than you thought. As a project manager, your job is to monitor time, scope, and budget, and adjust as necessary to ensure that objectives are met.

Phase 3: Execution
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