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Jaap de Jonge, Editor, Netherlands
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What is Project Lifecycle?
Every project has a beginning, a planning phase, a period during which activities move the project toward completion, and an ending (either successful or unsuccessful).
In other words, any project typically has the following four major phases (each with its own agenda of tasks and issues):
1. Initiation (= Start, Begin, Inception, Conceive)
2. Planning (= Plan, Define)
3. Execution (= Do, Perform, Implement, Construction)
4. Closure (= Finish, End, Commission, Transition)
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.
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Jean-Michel de Jaeger, EMBA, PMP