Project Management/Stages for a Project

1. Initiating

 * 1) Conduct project selection methods to evaluate the feasibility of new products or services
 * 2) Identify key stakeholders and perform analysis to gain buy-in and requirements for the success of the project.
 * 3) Define the scope of the project based on the organization need to meet the customer project expectations.
 * 4) Develop the project charter and review it with key stakeholders to confirm project scope, risks, issues, assumptions and constraints as well as obtain project charter approval from the project sponsor.
 * 5) Identify and document high level risks, assumptions and constraints using historical data and expert judgment.

2. Planning Process

 * 1) Identify key project team members and define roles and responsibilities to create a project organization structure to develop a communication plan.
 * 2) Create the work breakdown structure with the team to develop the cost, schedule, resource, quality and procurement plans.
 * 3) Identify project risks to define risk strategies and develop the risk management plan.
 * 4) Obtain project plan approval from the customer and conduct a kick off meeting with all key stakeholders.
 * 5) Define and record detail project requirements, constraints and assumptions with the stakeholders to establish the project deliverables.
 * 6) Develop the change management plan to define how changes will be handled to manage the triple constraints.

3. Executing Process

 * 1) Manage proactively the resource allocation by ensuring that appropriate resources and tools are assigned to the tasks according to the project plan.
 * 2) Execute the tasks defined in the project plan in order to achieve the project goals.
 * 3) Ensure a common understanding and set expectations through communication to align the stakeholders and team members.
 * 4) Improve team performance by building team cohesiveness, leading, mentoring, training, and motivating in order to facilitate cooperation, ensure project efficiency and boost morale.
 * 5) Implement a quality management plan to ensure that work is being performed according to required quality standards.
 * 6) Implement approved changes according to the Change Management Plan.
 * 7) Obtain project resources in accordance with a procurement plan.
 * 8) Implement the approved actions and workarounds required to minimize the impact of project risks.
 * 9) Measure project performance using appropriate tools and techniques.

4. Monitoring and Controlling

 * 1) Monitoring: Measure project performance using appropriate tools and techniques.
 * 2) Monitoring: Verify and manage changes to the project scope, project schedule and project costs as defined in the change management plan.
 * 3) Monitoring: Monitor the status of all identified risks, identify any new risks, take corrective actions and update the risk response plan.
 * 4) Monitoring: Ensure the project deliverables conform to quality standards established in the project quality plan.

5. Closing Process

 * 1) Formalize and obtain final acceptance for the project.
 * 2) Identify, document and communicate lessons learned.
 * 3) Archive and retain project records, historical information and documents
 * 4) Obtain financial, legal and administrative project closure (e.g., final payments, warranties, contract signoff).
 * 5) Release all project resources and provide performance feedback.
 * 6) Create and distribute final project report.
 * 7) Measure customer satisfaction at the end of the project.