Project Management Life Cycle Model: A Road Map to Success

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.

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