5 Phases of Project Management Process - A Complete Breakdown

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This content is about the 5 phases of project management and how to use project management tools to simplify the process. Phase 1 is Project Initiation where the project charter is developed and key stakeholders are identified. Phase 2 is Project Planning where technical requirements, a detailed project schedule, communication plan, and goals/deliverables are established. Phase 3 is Project Execution where the team does the actual work and the project manager establishes efficient workflows. Phase 4 is Project Monitoring and Controlling where the project manager tracks the effort and cost and ensures that objectives and deliverables are met. Phase 5 is Project Closing where contracts are terminated and a reflection meeting is held.