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We appreciate your imaginative strategies and thoughts that pave our business to
higher attitudes and development. Your team efforts are highly determined and dedicated
to customer satisfaction...
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– Jennifer Auguste
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 Home » Project Management Life Cycle
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Project Management Life Cycle
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The Instani Project Management Life Cycle comprises four phases
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Initiation involves starting up the project, by documenting a business
case, feasibility study, and terms of reference, appointing the team and setting
up a Project Office.
Planning involves setting out the roadmap for the project by creating
the following plans: project plan, resource plan, financial plan, quality plan,
acceptance plan and communications plan.
Execution involves building the deliverables and controlling the
project delivery, scope, costs, quality, risks and issues.
Closure involves winding-down the project by releasing staff, handing
over deliverables to the customer and completing a post implementation review.
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A more detailed description of the Instani Project Management Methodology and Life
Cycle follows:
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Project Initiation
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Project Initiation is the first phase in the Project Life Cycle and essentially
involves starting up the project. You initiate a project by defining its purpose
and scope, the justification for initiating it and the solution to be implemented.
You will also need to recruit a suitably skilled project team, set up a Project
Office and perform an end of Phase Review. The Project Initiation phase involves
the following six key steps:
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Project Planning
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After defining the project and appointing the project team, you're ready to enter
the detailed Project Planning phase. This involves creating a suite of planning
documents to help guide the team throughout the project delivery. The Planning Phase
involves completing the following 10 key steps:
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Project Execution
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With a clear definition of the project and a suite of detailed project plans, you
are now ready to enter the Execution phase of the project.
This is the phase in which the deliverables are physically built and presented to
the customer for acceptance.
While each deliverable is being constructed, a suite of management processes are
undertaken to monitor and control the deliverables being output by the project.
These processes include managing time, cost, quality, change, risks, issues, suppliers,
customers and communication.
Once all the deliverables have been produced and the customer has accepted the final
solution, the project is ready for closure.
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Project Closure
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Project Closure involves releasing the final deliverables to the customer, handing
over project documentation to the business, terminating supplier contracts, releasing
project resources and communicating project closure to all stakeholders. The last
remaining step is to undertake a Post Implementation Review to identify the level
of project success and note any lessons learned for future projects.
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