YouTube Link: https://youtu.be/3JnAUHZSh1A ** PMP Training: https://www.edureka.co/pmp ** This Edureka tutorial on "Project Management Life Cycle" will give you a complete insight into the various phases of a project life cycle. Below are the topics covered in this tutorial: Project Management Project Management Life Cycle Initiation Planning Executing Closure Activity Level PMP Tutorial Blog Series: http://bit.ly/2P4YJFs PMP Youtube Playlist: http://bit.ly/2AnvOqJ Follow us to never miss an update in the future. YouTube: https://www.youtube.com/user/edurekaIN Instagram: https://www.instagram.com/edureka_learning/ Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka

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Project Management

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Project Management

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Project Management
Project Management is the discipline that helps you in implementing various processes, methods, knowledge, skills, and
experience for achieving the objectives of a unique project
Project Management has a final deliverable and a definite timeline
Since the entire process of Project Management can be hectic and cumbersome, it has been broken down into 4 simple phases
which helps in structuring the efforts and simplifying them into a series of logical and manageable steps

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Project Management
Lifecycle

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Project Management Life Cycle
The Project Life Cycle is a series of various activities/tasks that are crucial for accomplishing project objectives or targets
INITIATING PLANNING
MONITORING, CONTROLLING
& EXECUTINGCLOSURE

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Project Management Life Cycle
Closure
Monitoring, Controlling & Executing
Planning
Initiating

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Project Management Life Cycle
Closure
Monitoring, Controlling & Executing
Planning
Initiating
It’s the first and most vital step in the life-cycle of your
project. In this process group, the initial scope of the
project gets defined, as well as resources are
committed. Thus performing this process group well
ensures the success of your project.
INITIATING

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Project Management Life Cycle
Closure
Monitoring, Controlling & Executing
Planning
Initiating
In this process group, an appropriate level of detail is
planned for the project. It’s done to plan time, cost and
resources. It helps you to estimate the work needed and
manage risk effectively during the execution of a project.
PLANNING

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Project Management Life Cycle
Closure
Monitoring, Controlling & Executing
Planning
Initiating
This process group consists of the processes which are used
to complete the work defined in the project management
plan. It’s about achieving the project’s objectives. It also
involves tracking, reviewing and regulating the performance
of the project. Also, you need to identify the potential
problems quickly and take corrective actions.
MONITORING, CONTROLLING &
EXECUTING

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Project Management Life Cycle
Closure
Monitoring, Controlling & Executing
Planning
Initiating
This process group is an important part of project
management, performed to finalize all project activities to
complete the project. This means finishing all activities
across all the process groups, disbanding the project team
and signing off the project with the customer using the
project closure report.
CLOSURE

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Activity level During Each Phase

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Project Management Life Cycle – Activity Level
Definition Design Development Deployment Departure Finish
LevelOfActivity
Initiating
Planning
Executing, Monitoring
and Controlling
Closing

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YouTube Video Link in the Description