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Project Lifecycle Management
Learn about project lifecycle management and its five phasesPreview the first lesson free — get full access to all 7 lessons.
Intermediate Provider : Matthew Johnston 7 Lessons · 23m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
Project lifecycle management is a process that follows a project from beginning to end. It helps companies achieve results in a measured, focused, and predictable way. Companies can identify and manage risk, allocate resources, and communicate progress to stakeholders. And they can ensure that stakeholders are aware of a project’s goals and objectives and that they are aligned throughout the project life cycle. Ultimately, project lifecycle management provides a straightforward, organized approach to project management that can improve performance and outcomes.
In this course, we introduce project lifecycle management and its five phases: initiating, planning and scheduling, execution, monitoring and controlling, and closure. As you delve into each phase, you will learn how to manage projects throughout their lifecycle and understand the importance of effective project management. You will also learn best practices for each phase of the project lifecycle. By the end of this course, you will have the knowledge to manage your courses efficiently.
What You'll Learn
- Define project lifecycle management and explain its purpose
- Explain the five phases of project lifecycle management: initiating, planning and scheduling, execution, monitoring and controlling, and closure
- Identify stakeholder needs and establish project goals
- Apply practical skills in project execution and project monitoring and controlling
- Follow best practices for each phase of the project lifecycle
Key Takeaways
- Project lifecycle management is a process that follows a project from beginning to end, helping companies achieve results in a measured, focused, and predictable way.
- It enables companies to identify and manage risk, allocate resources, and communicate progress to stakeholders.
- It helps ensure stakeholders are aware of a project's goals and objectives and stay aligned throughout the project life cycle.
- Project lifecycle management consists of five phases: initiating, planning and scheduling, execution, monitoring and controlling, and closure.
- The course covers best practices for each phase of the project lifecycle.
Frequently Asked Questions
What does this course cover?
The course introduces project lifecycle management and its five phases: initiating, planning and scheduling, execution, monitoring and controlling, and closure. It teaches how to manage projects throughout their lifecycle, the importance of effective project management, and best practices for each phase.
What are the five phases of project lifecycle management taught in this course?
The five phases are initiating, planning and scheduling, execution, monitoring and controlling, and closure.
What skills will I gain from this course?
You will learn to define project lifecycle management, explain its five phases, identify stakeholder needs and establish project goals, and apply practical skills in project execution and project monitoring and controlling.
How is the course structured?
The course is organized into lessons including an Introduction, Introducing Project Lifecycle Management, Initiating, Planning and Scheduling, Execution, Monitoring, and Controlling, Closure, and a Test Your Knowledge assessment.
