{"id":17002,"date":"2019-07-01T22:27:45","date_gmt":"2019-07-01T11:27:45","guid":{"rendered":"https:\/\/creately.com\/blog\/?p=17002"},"modified":"2025-01-02T18:00:52","modified_gmt":"2025-01-02T07:00:52","slug":"5-phases-of-project-management-lifecycle","status":"publish","type":"post","link":"https:\/\/creately.com\/blog\/project-management\/5-phases-of-project-management-lifecycle\/","title":{"rendered":"The Easy Guide to Understanding the Phases of Project Management Lifecycle"},"content":{"rendered":"
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Keeping your project on track from beginning to end while preventing the misuse of resources, time and money depends on how well you manage the project lifecycle phases. 
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Now, based on the type of project and its requirements, the number of phases of project management lifecycle may change; but in this post we will discuss all five of them and the steps you should follow during each.
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What is Project Life Cycle?<\/h2>\n\n\n\n

The project life cycle is a process that project managers follow through when completing a project. It includes a sequence of phases that a project goes through from its initiation to closure.\u00a0<\/p>\n\n\n\n

What are the Five Stages of the Project Life Cycle?
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Breaking down projects into several stages actually makes it easier to manage and control it, and work on improving its quality. <\/p>\n\n\n\n

Project Initiation<\/h3>\n\n\n\n

The first phase of initiation will lay the foundation for the next few stages of project management. This is where you will define the project at a broad level. 
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Here you will,
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