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5 Phases of Project Management

5 Phases of Project Management

There are five phases of Project Management. These phases ensure that you adequately cover all the bases needed to successfully complete a project. Initiation Every project should be driven by a need. Are you trying to solve a problem, does something need an improvement, is something costing too much money now to build, and so on? The need for your project can be proven by various methods. You can: Do a feasibility study Develop a business case Determine the project’s return on investment (ROI) Planning A project plan needs to be put together by the project manager. This project plan…  read more →

Posted in: Business Tips & Advice, Eastman Business Park  |  Tagged: project management