Project Management Lifecycle Steps Description Process Involves preparing for, assembling The authorization to begin work or resources and getting work started. Initiate resume work on any particular May apply to any level, e.g. program, activity project, phase, activity, task. The purposes of establishing, at Involves working out and extending an early date, the parameters of the theoretical, practical, and/or useful the project that is going to be application of an idea, concept, or Plan worked on as well as to try to preliminary design. This also involves delineate any specifics and/or any a plan for moving a project concept to peculiarities to the project as a a viable project. whole and/or any specific phases of the project. The period within the project life Involves directing, accomplishing, Execute cycle during which the actual work managing, and completing all phases of creating the and aspects of work for a given project’s deliverables is carried out project. Involves exercising corrective action A mechanism which reacts to the as necessary to yield a required current project status in order to outcome consequent upon monitoring Control ensure accomplishment of project performance. Or, the process of objectives. This involves planning, comparing actual performance with measuring, monitoring, and taking planned performance, analyzing corrective action based on the variances, evaluating possible results of the monitoring. alternatives, and taking appropriate correct action as needed. The completion of all work on a Involves formally terminating and Close Out project. Can also refer to concluding all tasks, activities, and completion of a phase of the component parts of a particular project. project, or phase of a project.
Project Management Lifecycle Steps Description Process Initiate The authorization to begin work or resume work on any particular activity Involves preparing for, assembling resources and getting work started. May apply to any level, e.g. program, project, phase, activity, task. Plan The purposes of establishing, at an early date, the parameters of the project that is going to be worked on as well as to try to delineate any specifics and/or any peculiarities to the project as a whole and/or any specific phases of the project. Involves working out and extending the theoretical, practical, and/or useful application of an idea, concept, or preliminary design. This also involves a plan for moving a project concept to a viable project. Execute The period within the project life cycle during which the actual work of creating the project’s deliverables is carried out Involves directing, accomplishing, managing, and completing all phases and aspects of work for a given project. Control A mechanism which reacts to the current project status in order to ensure accomplishment of project objectives. This involves planning, measuring, monitoring, and taking corrective action based on the results of the monitoring. Involves exercising corrective action as necessary to yield a required outcome consequent upon monitoring performance. Or, the process of comparing actual performance with planned performance, analyzing variances, evaluating possible alternatives, and taking appropriate correct action as needed. Close Out The completion of all work on a project. Can also refer to completion of a phase of the project. Involves formally terminating and concluding all tasks, activities, and component parts of a particular project, or phase of a project.
fy2016-work-plan-instructions.docx