The project life cycle

IDENTIFICATION

INITIATION

DELIVERY

CLOSURE

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Project outline

Maintained business case

Benefits realisation report

Project governance report

Maintained plan

Managed risks and issues log

Managed change log

Project forecast reports

Project closure report

Lessons learned report

User requirements document

Solution design document

Effective project deliverable's)

COMMERCIAL DECISIONS

PMT makes financial commitment to whole project and PSG take full ownership. Sponsor accepts business case.

Sponsor considers closure decision from commercial perspective

CUSTOMER DECISIONS

Customer approves requirements

Customer considers closure from user perspective

DEVELOPER DECISIONS

Developer approves design

Developer considers closure from operational perspective

PROJECT

Business case

WHY?

a project steering group or project manager should be officially in place, but that depends on who is available and the political, strategic, legal and commercial priority of the project.

Consequently, initiating a project can be a hit or miss affair and rules will only partially succeed in regulating the chaos common when a project begins. What follows is a recommended approach. Those managing this process should remember that, at this time more than any other, the organisation may be uncomfortable with the proposed degree of governance, and therefore the need to sell the principles underpinning the whole approach to project management is likely to be greatest.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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