The Life Cycle of Project Management











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A project life cycle is the path a project follows as it moves from beginning to end. A project manager will use this roadmap to break the project down into stages, making it easier to delegate tasks and manage team workloads. • Every project is different but they all go through five distinct phases: initiation, planning, execution, monitoring, and closure. Some phases are longer than others, but they are all essential in getting a project from start to finish. • In this video, we will outline the five stages of a project life cycle and discuss the required activities in each one. • __________________ • • 0:05​ - What is a project life cycle? • 0:41​ - The 5 phases of project management • 0:52​ - Phase 1: Initiation • 1:58​ - Phase 2: Planning • 3:27​ - Phase 3: Execution • 4:08​ - Phase 4: Monitoring • 4:50​ - Phase 5: Closure • 5:31​ - What software should you choose? • Need a versatile solution to help you with your project management? Try Wrike’s intuitive software to streamline your tasks and boost team productivity. • Get your free two-week trial of Wrike: https://www.wrike.com/free-trial/

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