5.1 Project Management Process Stages

Project Management Process Stages

Stage 1

Stage 2

Stage 3

Stage 4

Stage 5

project Initiation

project planning

project execution

project monitoring & controlling

project closure

• Define the project's purpose, scope, and objectives

• Identify key stakeholders

• Create project charter

• Create a project plan

• Create a work breakdown structure

• Develop a risk management strategy

• Do regular reviews

• Monitor progress against KPIs

• Apply changes when needed

• Complete all project deliverables

• Discuss failures and successes

• Document lessons learned

• Start working on the project plan

• Build workflows, assign tasks to team members

• Keep everyone in the loop

Source: Mastering the 5 stages of project management process for seamless execution. (n.d.). Kanban Software for Agile Project Management. https://businessmap.io/project-management/process