Introduction
The project life cycle refers to the stages a project goes through from initiation to completion. It helps in organizing and managing the project efficiently.
Main Phases
- Initiation: Identifying needs and project feasibility.
- Planning: Setting objectives, timeline, and budget.
- Implementation: Executing project activities.
- Monitoring: Tracking progress and making adjustments.
- Closure: Completing the project and evaluating outcomes.
Conclusion
Understanding the project life cycle helps in better planning, execution, and achieving desired results.