Define Project Management Life Cycle

These are the 5 Project Management Process Groups defined by PMI (Project Management Institute) in the PMBOK (Project Management Body of Knowledge).

These are NOT SDLC phases — they are Project Management Phases used in any type of project, including IT, software, construction, and business operations.


1️⃣ Initiation Phase

Purpose: Start the project formally
Activities include:

  • Define project goals
  • Create Project Charter
  • Identify stakeholders
  • High-level scope & feasibility

2️⃣ Planning Phase

Purpose: Plan how the project will be executed
Activities include:

  • Detailed project plan
  • Scope planning
  • Schedule & timeline
  • Budget planning
  • Risk management plan
  • Resource planning
  • Communication plan

3️⃣ Execution Phase

Purpose: Do the actual work
Activities include:

  • Team execution
  • Development, design, testing
  • Managing stakeholders
  • Quality management
  • Task assignments
  • Delivering project outputs

4️⃣ Monitoring & Controlling Phase

Purpose: Track progress and control deviations
Activities include:

  • Monitor KPIs
  • Control scope changes
  • Track timeline and budget
  • Ensure quality standards
  • Issue/risk management
  • Status reporting

5️⃣ Closure Phase

Purpose: Formally end the project
Activities include:

  • Final deliverables
  • Approvals and sign-off
  • Documentation
  • Lessons learned
  • Release resources
  • Project completion report

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