Some more terms…….
   • Project life cycle
   • Phases of a project
   • Phase exits or stage gates
   • Stakeholders
        Dr. Jana Jagodick   Polytechnic 
        of Namibia, 2012
                  Project Life Cycle
     • Project management is about acquiring or 
       achieving the project goal
     • Most projects need to be broken down into a 
       logical sequence of ‘phases’, known as the 
       project life cycle. 
          Dr. Jana Jagodick   Polytechnic 
          of Namibia, 2012
               Phases of a Project
    •   Organisations normally break a 
        project down into several project 
        phases for better management 
        control                                 How do you 
    •   Collectively, the project phases are    eat an 
        known as the project life cycle         elephant?
    •   Each project phase is marked by the 
        completion of one or more 
        deliverables.
         Dr. Jana Jagodick   Polytechnic 
         of Namibia, 2012
                  Stage Gates
    •  Each phase ends with a review of 
       the deliverables and performance in 
       order to detect and correct errors 
       and to decide if the project should 
       continue into the next phase.
    •  The phase end reviews are often 
       called phase exits or stage gates.
        Dr. Jana Jagodick   Polytechnic 
        of Namibia, 2012
               4 Phases of a Project
    •   project initiation
    •   project planning
    •   project execution 
        and control
    •   project closure
           Collectively these four phases represent the 
           ‘project life cycle.’
         Dr. Jana Jagodick   Polytechnic 
         of Namibia, 2012