Describe Project Life Cycle

Question

Accepted Answer

Project Life Cycle is the series of phases that a project goes through from initiation to closure.

Initiation: Define the project, set goals, and identify stakeholders.
Planning: Create a detailed project plan, schedule, and budget.
Execution: Implement the project plan and deliver the project deliverables.
Monitoring and Controlling: Track progress, manage changes, and ensure project stays on track.
Closing: Finalize all project activities, hand over deliverables, and evaluate project success.
Example: Building a new website - Initiation: Define website requirements. Planning: Create wireframes and design mockups. Execution: Develop website. Monitoring and Controlling: Test website functionality. Closing: Launch website and gather user feedback.

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