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The Life Cycle of Project Management

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/