Answer to Question #197440 in Marketing for Nikita

Question #197440

Provide details for each stages of the “Generic Project Life Cycle Model” for a 

hypothetical project of conducting Annual Day in your university. Include specific 

actions which are required in this project and give your comment about which will be the 

most critical stage for this project.


1
Expert's answer
2021-05-24T17:39:02-0400

Answer

A generic project life cycle model is a project with a order of stages; the management determines the number of sequences of the cycle and various factors like the organization’s needs in the project, the nature of the project. The project lifestyle model is described as per the aspects and needs of the project. The project phase has been started with the start, end and control points according to the time. Project life cycle stages comprises of initiating, planning, executing, monitoring, controlling and closing. Initiating is the process in the visualization of what is to be accomplished. The second stage, is planning which is the crucial process in project management since it gives guidance to stakeholders on where and how to undertake the project. The third stage is executing which the plan designed in the previous phase is now put into action. The fourth stage comprises of monitoring and control which oversees all the tasks and merits needed to guarantee that the project is within the scope. The last process of the project activity cycle is closing where the project is formally closed and then the report is produced.

 


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