Note if you are taking the PMP® exam from 26 March 2018 onwards: click here to read the updated PMP® study material based on PMBOK® Guide 6th Edition.
Every project has a beginning, a middle, and an ending, like a good story.
And just like in stories, a project can either have a happy end or end in a tragedy, depending on how it was managed.
The project life cycle can help project managers and their teams to focus on meeting the project’s objective and delivering it on time and within budget.
The project life cycle contains 5 phases through which every project has to go: Initiation, Planning, Execution, Control/Monitoring, and Closure.
Published by: inloox.com