In this review, the students are required to analyse the processes involved in Project Execution Quality and Control, and Close-out, which includes:  The discussion on how the project quality...

THE PROJECT LIFE CYCLE
Any project can only be successfully ca
ied out if it is presided over by a quality team consisting of competitive team members and a disciplined team manager. The project manager and the team members share a unique vision: to see their project achieve its listed goals and objectives. Each project consists of a startup phase, the middle phase (which is the main cycle of the project that moves the project towards its goal) and a finishing phase which tells us whether the project is productive or non-productive. A typical project consists of four events in its life cycle:
1. Initiation
2. Planning
3. Implementation
4. Closure
www.free-management-ebooks.com
When combined together, these events define the pathway the project must move over from its startup to its end and are commonly known as ‘the life cycle of the project’ (Watt, n.d.)
The project life cycle refers to the four step guide that all project leads take into account when they have a common goal of delivering a successful and a viable project. The project life cycle provides a foundation for ca
ying out any project in any industry. The project life cycle is a common practice which ensures success and productivity for any project. Another concept which is gaining popularity in the business world is the Professional Services Life Cycle; because the standard idea of a project life cycle does not cater to all requirements. Some projects require a more advanced service as compared to other projects. While rendering services, a major difference arises: the end product here is the people, i.e. professionals lend services to people for a profit. Because of the consistent clientele participation, the professional service providers are in need of a project life cycle that is specifically tailored to suit their needs, so that there is a “recu
ing feedback loop to ensure project success”.
WHAT IS ‘STANDARD’ PROJECT LIFE CYCLE?
As per the Project Management Institute, the project life cycle involves the following steps:
STEP 1: the perception phase
Step 2: the deciding phase
Step 3: the implementation phase
Step4: the closure phase (www.mavenlink.com).
THE PERCEPTION/INITIATION PHASE:
In this phase, the project managers chalk out an enterprise necessity (complication or scope) and invent recommendation through which the project team can find out ways by which the objectives of the business can be achieved. In this phase the project team determines the intention of the project, determines whether the project is viable or not, and what should be the major outcomes of the project. “Project managers must be able to sell business leaders on the intrinsic value they offer to the business at a strategic level when they are at the table from the start of strategic planning instead of after the fact design making. Project managers’ effectiveness is drastically muted when offering a fix it or workaround once high level directional business decisions are made without their expertise (Alexander, n.d.)
Steps involved in Project Initiation phase:
1. Deciding the primary need of the organization and whether the project will be able to find an answer to the complication under question.
2. Planning the dimension/scope of the project
3. Chalking out the services/products to be delivered to the organization
4. Recognizing the investors in the project- their demands and requirements
5. To determine the cost effectiveness and productivity of the project (Lucidchart Content Team, 2017).
The Planning/Deciding phase:
The Planning phase is the next important step in a project life cycle. It...