Unit 8 - Project Phases, Deliverables and Work Breakdown Structure

Project Life Cycle

The sequence of phases that a project goes through from initiation to closure.

Initiation Phase

Defines the project at a broad level and gains authorization to proceed.

Planning Phase

Establishes the scope, objectives, and procedures for completing the project.

Execution Phase

The phase where project deliverables are developed and completed.

Monitoring and Controlling Phase

Tracks, reviews, and regulates the progress and performance of the project.

Closure Phase

Formal completion of the project, including final deliverables and documentation.

Work Breakdown Structure (WBS)

A tool to break down project deliverables into smaller, manageable components.

Deliverable

A tangible or intangible output produced as a result of project work.

Milestone

A significant event or point in time within a project.

Critical Success Factors

Key elements necessary for a project to achieve its objectives.