The project closing phase is the last one in project management. The documentation required to complete Project Closure will differ depending on the situation. The Project Manager should review the project plan with the PMO Director to indicate final approval of the plan. Give yourself the flexibility to manage multiple projects at once in the same tool. Your stakeholder management plan will specify how youll engage stakeholders in the project. A project phase is a collection of related project management activities. Resource plans are reviewed on a monthly basis. If the monitoring of the project results in changes to the project management plan, the change control procedures outlined within the plan are implemented. Follow-up phase. These meetings are a way for the company to pinpoint what needs improvement and increase overall team productivity. Project planning phase The Project Planning phase breaks your project into its components and elaborates on the ways the project will work. The plan is set, but it still exists in the abstract until you take the tasks on your schedule and begin assigning them out to your team members. Project team planning -- This document provides a "who-is-doing-what" view of the project. There are even ways to simplify the whole process. Regardless of the outcome of the project life cycle, however, it would be good for the team to conduct a project retrospective. This is the first step. In the Planning Phase, the Project Manager works with the project team to create the technical design, task list, resource plan, communications plan, budget, and initial schedule for the project, and establishes the roles and responsibilities of the project team and its stakeholders. Each project has a timeline, a team, a budget, and a set of expectations to meet. Acquisition activities are performed, if necessary, to obtain contractor support. 3. When creating a project plan, the goals and objectives naturally spring from the business case, but in this stage, you go into further detail. Typically, it accounts for almost half of the entire project time span. They are incredibly useful for noting down important things that should be in your project plan. Though many of us like to think of management as kicking back and telling everyone else what to dothat is not quite the case. By thinking in terms of phases, the project team ensures that deliverables produced at the end of each phase meet the projects goals. The project planning process already discussed only scratches the surface of what is a deep well of practices created to control your project. It authorizes the project to exist, establishes the authority of the project manager, and documents high-level requirements, project milestones, and success criteria. During this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed0 (LaBrosse, 2008). This document fosters efficient project execution and effective project . Tasks are not always separate from one another. It also helps to have an insight into the teams progress, including allocating the right amount of time to everyone on the team. These are: Initiating, Planning, Executing, Controlling, and Closing. When planning a project, you need more than a to-do list. Phase 2: Project Planning. Once they follow that link, theyre in and have access to the tools they need to manage their tasks. A teams performance during the Project Initiation Phase can result in either authorization, delay, or discontinuation of a new project. It is crucial for the project team to involve relevant stakeholders in this stage of the project life cycle as well. And together they make up the entire project management life cycle. Each project therefore has a beginning, a central period, a . It also includes task dependencies that will allow the project team to use the critical path method if it chooses. Try ProjectManager today with this free 30-day trial. Project design is an early phase of the project lifecycle where ideas, processes, resources, and deliverables are planned out in seven steps. If youre interested in learning more about top-rated project management software, the editors at Project-Management.com actively recommend the following: Hannah Donato is a SaaS freelance writer for project management and productivity. See progress as it happens on our real-time dashboard, which calculates data and displays it over six project metrics. The basic outline of any project plan can be summarized in these five steps: Define your project's stakeholders, scope, quality baseline, deliverables, milestones, success criteria and requirements. That very first phase is where the project begins. Every project has stakeholders, those who have a vested interest in the project. Phase 2: Planning. Your project plan is essential to the success of any project. A project consists of five different phases: initiation, planning, execution, monitoring and controlling, and closure. A communication plan includes the following elements: A resource allocation plan is scheduling of the project team while taking into consideration both the resource availability and the project time. Having a proactive approach will allow the project team to respond rapidly to any change in the plan. Project close: All the project activities are needed to be finalized, and then the project needs to be closed. Project Planning and Implementation Tools. Now that weve learned how to make a project plan, and identified the stages of the project management life cycle, we need to emphasize on the importance of the project planning phase. This course will explore how to map out a project in the second phase of the project life cycle: the project planning phase. A well thought-out project plan will provide the project team with a clear direction and understanding of their contributions to the success of the project. You dont have to worry about how to pay those invoicesyouve planned your financial process. There is a filter on the Gantt that automatically sets the baseline, so you can use it to track your actual progress against the plan. Schedule a project kickoff meeting at the end of the initiation phase to ensure everyone is on the same page from the start and avoid surprises later on. A dashboard can keep your project plan on track. For example, if you specify that estimates are going to be worked out by subject matter experts based on their judgement, and thats approved, later no one can complain that they wanted you to use a different estimating technique. Phase 5: Project Closure. For example, when project changes occur the project manager would proceed back to the planning phase. Lastly, a project manager has to evaluate the entire project and compile a detailed report by referring to the stored data throughout the project. This is where ideas, deadlines, milestones, and expectations are put onto paper. Home Information Technology Services Project Management Office Methodology Project Planning Phase. The planning phase is when the project plans are documented, the project deliverables and requirements are defined, and the project schedule is created. The following paragraphs describe a phasing model that has been useful in practice. The project planning phase involves discussing client requirements and stakeholder concerns, establishing project goals and objectives, assembling a team, and creating a project plan. The project planning process is made up of these 10 simple steps: 1. Ready to make your plan? Find a way to balance your teams availability with the project schedule. Coordinate efforts and timelines with other teams. At this stage, project managers create a document containing all vital project information, including necessary tasks, task owners and a way to implement the project plan. Watch the video below to see how project planning software helps organize a projects tasks, resources and costs. Objectives, on the other hand, are more specific; measurable actions that must be taken to reach your goal. Please fill out the contact form below and we will reply as soon as possible. They can include the customer or end user, members of the project team, other people in the organization the project will affect and outside organizations or individuals with an interest. Simultaneously during execution, the project team carefully tracks the progress of the project based on the Project Plan established earlier. There are some that focus on a single aspect, and others that offer a suite of planning features that can be used in each one of the project planning steps. After you have set certain expectations and goals for the project, it is time for you to plan the whole thing. Development phase. Monitoring. Budget: Determine the financial cost of this project (and be realistic) based on the project's scope. Project Initiation Phase. The planning phase entails the following: the project plans are documented, the project deliverables and requirements are defined, and the project schedule is created. Currently, shes also an events manager and brand coordinator for a game development company in the Philippines, with four years of experience as a producer for games on multiple platforms. At this phase, the project leader likely uses project management software to assign every task to team members. Try and find a dashboard thats synced with your planning tools, so everything updates automatically. Having regular planning meetings where you present progress reports are a great way to show them that everything is moving forward as planned and to field any questions or concerns they might have. As you have probably come to know, successfully managing projects is not an easy taskit is, however, possible. To broadly define the project, you must present the demand for said project and a project charter. The frequency for doing iterative planning will also depend on the size, complexity and risk level of the project. The Project Execution Phase is where the project team executes and follows through on tasks based on the Project Plan. The level of planning detail required for work more than 2 3 months in the future may not need the same precision as work required in the next two months. A project phase is a collection of related project management activities. Finally, youll need an online project management system to store your project management plan in. The initiation phase is where we begin transforming the idea of a project into a more actionable target. Make sure that everyone in the team can access the latest version of the project plan. 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The goal is to develop sufficient information to assess risk and decide to commit resources to maximize the chance for a successful project. Description The Initiation Phase is that time in the project lifecycle when the project idea is defined, evaluated and then authorized to proceed by the Project Sponsor and the Vice Chancellor/Chief Information Officer. Your project plan is not a document written in stone. In the planning phase of the project management process, you use those outputs to articulate and define precisely what you want to accomplish. Talk to the project manager as well, if you can, because theyll have a view on whether that length of time was enough or not! All Project Management Software Reviews The Planning phase is the third phase of the IT Project Management Lifecycle. In a sense, youre fine-tuning the goals set forth in the business case and creating tasks that are clearly defined. Other parts, like your procurement plans and cost management processes, wont change at all during the life of your project. Technological advancement has significantly improved the project management process. Since this is only the first phase of project management, you dont need to go into thorough detail about what goes into the project, as you will do that in the planning phase. The best way to estimate how long your project planning phase will take is to look at similar projects that have happened before, and see how long it took them to plan. Phase 4: Project Performance & Project Controlling. This document includes information about all the stakeholders of the project. Seek out a planning software with a task list feature that lets you set priority levels, filters and collaborate. In the project planning phase, you carefully plan out each task that needs to be completed to meet the project goals. These may involve the submission of a final deliverable, fulfilling contractual obligations, terminating relevant agreements, and releasing project resources. This phase also ensures to inform participants and stakeholders of any follow-on activities or continuing product life cycle so they can communicate and coordinate with the people in charge. All You Need to Know, Top 10 Things That Look Good on a College Application, How Do Online Colleges Work? Just like the name implies, the project planning phase is designed to communicate the timeline and roadmap for the rest of the team to follow. Requirements Management plan. The planning phase entails the following: It involves creating a set of plans to help guide your team through the implementation and closure phases of the project. October 17, 2022. This can make for an unruly job ahead, which is why schedules are broken into phases, indicated by milestones, which mark the end of one project phase and the beginning of the next. Define roles. But above all, resource allocation in project management helps tocontrol all the workload. The project planning process is critical for the success of your project, and as a project manager, you have to think about all the elements that make up your project management plan such as work, time, resources and risks. Project planning tools are defined as a series of systems and methodologies designed to ensure teams are able to accomplish both short- and long-term projects. It's also a dynamic phase that often begins before the project initiation phase and continues throughout procurement and construction phases, ending with planning project closeout activities. Its rare to have all the information at the beginning of a project. The five phases of project management are: Project Initiation Project Planning Project Execution In doing so, a PM ensures that everyone involved is updated and in agreement, i.e., avoiding possible issues during the project. The 5 Phases of Project Management - According to the PMI project model Phase 1: Project Concept & Initiation "Manufacturing cost has gone up 7% over the last 2 years. Below you will find the five different phases of project management and the purpose of each one: 1. Something PMs should keep in mind: As you discover more information, you may have to adjust your previous Project Plan and related procedures. Timeline: Determine when you want the project to start and . Surveys or customer focus groups to gather and validate requirements. Customize boards to match your workflow and drag and drop cards as teams get their work done. Get your project plan approved by your stakeholders, your project sponsor and your team so there are no surprises later. These activities must be as small as possible to assign a project team member. The project scope should be defined and organized by a work breakdown structure (WBS). Follow these nine project management steps, and you're well on your way not just on how to plan a project online but to execute your project successfully. This is killing our profitability! During the Initiation Phase, the entire project team defines the project idea, and the project sponsor evaluates it and authorizes the project to proceed. Theyre invested, and will not be satisfied twiddling their thumbs without looking at project status reports to track progress. Taken together, these phases represent the path a project takes from the beginning to its end and are generally referred to as the project "life cycle.". Project Tasks Not all tasks are created equal, some cannot start until the one before it is finished. It identifies milestones, resources, and the schedule. The basic outline of any project plan can be summarized in these five steps: Each of the steps to write a project plan explained above correspond to the 5 project phases, which we will outline in the next section. Figure 1: Project management in six phases, with the central theme of each phase. The project scope is finalized depending on approved available resources and client priorities. With detailed resources and visual elements, find out how project design can streamline your team's efficiency. Interestingly, project closing is the phase that is most ignored (or minimized) by project managers. Managing a project requires hard work, dedication, and skills. Best Construction Project Management Software 2022, Best Smartsheet Alternatives for 2022: Smartsheet Pros & Cons. Creating a budget for the project The five phases of project management are: Each stage of the project life cycle has a distinct focus thats different from other stages. A good project plan means that you dont have to worry about whether the project participants are going to be available on the right datesbecause youve planned for them to be. Therefore, in a project planning checklist, you will find a set of checks relating to: Scope Management Schedule Management Cost Management Quality Management Human Resources Management Risk Management Before we delve further into details, let's make sure that we are on the same page term-wise. However, using more modern project management methodologies like Agile Project Management will reduce planning time. Getting the team and the tool together is how a project plan becomes actualized. The activities that must be completed for finishing a project are determined during project planning process. For example, you can use cloud-based project management software for storing documents related to the project. The first thing to do is determine what the final deliverable is, and how you will know that the quality meets your stakeholders expectations. The important thing to remember is that if your project management plan isnt working for you, think about what you can do to change it. Parts of it, like your project schedule, will change almost daily. Phase #2 is the Planning phase. They are able to measure where efforts and resources go throughout the project life cycle, crosschecking it with the Project Plan. For example: You get the picture. Make the changes you need, get the plan approved again and share it with the team. 2. Design phase. All of these steps and subtasks help contribute to a successful project that aligns with the sponsor's vision and overall objectives. Upon enlisting the stake-holder requirements, prioritizing/setting project objectives. The project manager starts the documentation process, which includes the justification, deliverables, risks, estimated cost, and resource requirements. During this post-mortem activity, the project team can process new lessons and ensure the improvement of current project management processes for a future project. From your tasks to your budget, its all defined by time. Edit your plan on the Gantt by a simple drag and drop. Still, repeating processes across all Process Groups is an excellent way to add a degree of control within each phase. The purpose of a project plan is to guide the execution and control project phases. The basic project planning steps that every project manager needs to know can be broken down as parts of the first two phases of project management: Initiation and Planning.While those phases give a broad outline of what should be happening at different stages of a project's lifecycle, they don't provide much of a clear picture of how to go about your project planning. This is hard to answer. Together, these phases represent a complete project planning. Assess the project plan. Defined phases and defined roles show a visible framework easily understood by all team members and stakeholders. Plan and schedule milestones and task dependencies, Share project plans with team and stakeholders, A project scope statement to define all the tasks and deliverables that are needed to complete the project, A risk management plan for dealing with project risk including the processes for logging and tracking risks, A change management plan to manage any changes that will be made to the project plan, A cost management plan for managing costs and the budgeting elements of the project including any procurements or supplier engagements you might have, A resource management plan for managing the material resources such as equipment and the human resources on the team both in terms of availability and skills, A stakeholder management plan setting out who is going to receive messages about the project, when and in what format, A quality plan that specifies the quality targets for the project. Finally, once the project is completed, it must be closed out. After you have a clear understanding of the project outline and the goals you need to achieve and have done the necessary planning, it is time to get to work. Sometimes called the Implementation Phase, this is the phase when the project manager tries to manage every task and aspect of project delivery to keep the project on track for the remaining duration of the project life cycle. Both the Execution Phase and Monitoring & Control Phase are critical times that can determine project success. The project team focuses on achieving all the objectives set in the earlier phases. The four phases that mark the life of the project are: conception / start, planning, execution / implementation and closure. These four life-cycle phases are initiation, planning, execution, and project closeout. The relationship of the phases in the project life cycle is often sequential, and each project phase culminates with the completion of one or more project deliverables. Definition phase. We assume that the resources will be available. Project life cycle phases provide additional benefits. " (Alan Lakein) Roli Pathak introduced the 5 phases of project management in her article Top 5 Project Management Phases. Communication Plan - designing the communication strategy with all project stakeholders, Risk Management Plan - planning for possible risks and considering optional contingency plans and mitigation strategies, Procurement Plan - focusing on vendors outside your company and subcontracting. Best Kanban Board Software & Tools for 2022, 3 Best Tools for Waterfall Project Management, All Project Management Articles - Plan of overall project plan. The first phase of a building project is planning and programming. Theres no point creating a big document that sets out exactly how your business works anyway. The different phases are in chronological and sequential orderthe end of one phase marks the beginning of the next one until the end of the project. The key project management steps for the initiation stage include: Identifying project objectives and deliverables Outlining project risks, dependencies, constraints, and priorities Establishing project scope based on deadlines and available resources Submitting a project proposal for approval (our proposal maker can help you with that) It's also where the timeline is put into place. Plus, your team can execute the plan in any of our five project views, while you track progress along the way with dashboards. All You Need to Know, Better control the project and the quality of the product. Executive Master of Business Administration, Certificate in Teaching English to Speakers of Other Languages, 10 Best Leadership Skills You Need to Have in the Workplace, What Is a Professional Reference? California Do Not Sell My Information. Project planning is an iterative process which may occur consistently throughout the project. 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