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Quality Management Integration Management Each of these management areas consists of processes, tools and techniques that are produced and/or applied to some degree during the course of any project. The following set of illustrations depict the project management life cycle, knowledge areas, and processes used: 1.2.5.
In this article, weâll cover what each of these phases entail and share tips for boosting success during each stage. Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close. PMI, which began in 1969, is the worldâs largest nonprofit membership association for the project management profession.