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5 Phases of Project Management: What You Need to Know

Melissa Grey Satterfield

  • May 7, 2024
  • Project Management
  • Uncategorized
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Effective project management is key to a successful endeavor, and understanding the five phases is essential for training professionals and project managers alike. Whether you are overseeing an instructional design project or planning a fundraiser, a structured approach can significantly enhance your chances of success. In this article, I’ll give you a high-level look at the five key phases of project management (initiation, planning, execution, monitoring, and close-out), as well as some of the key job aids we recommend for each one.

Initiation: Laying the Foundation

The initiation phase is where the idea goes from a concept to a concrete plan. Key activities during this phase include defining the project scope, identifying stakeholders, and establishing a clear understanding of the project’s objectives and constraints. We need to collaborate closely with stakeholders to ensure the project aligns with organizational goals and addresses specific needs. This phase sets the stage for the entire project, providing a solid foundation for future success. The main job aid in this phase is the Project Charter Worksheet.

Planning: Charting the Course

Once the project’s groundwork is laid, the planning phase comes into play. In this phase, we create a detailed project plan that encompasses the tasks, timelines, resource allocation, and risk management strategies. In the context of an instructional design project, this involves identifying the critical design tasks, estimating the time required to complete the project, identifying staffing requirements, and charting the schedule. A well-thought-out plan serves as a roadmap, guiding the project team members and ensuring everyone is on the same page regarding expectations and deliverables. The main job aids in this phase are the Work Breakdown Structure and the Gantt Chart.

Execution: Bringing it to life

With the plan in hand, the project moves into the execution phase. This is where the bulk of the work happens, and project managers take center stage. They ensure resources are deployed efficiently, maintain effective collaboration between project stakeholders, and address any unforeseen issues. At this phase, the project manager also needs to ensure any deviations from the plan are promptly addressed to prevent potential setbacks. The main job aid in this phase is the Conduct Effective Meetings Checklist.

Monitoring: Keeping a Watchful Eye

The monitoring phase involves continuous assessment and adjustment. We need to regularly evaluate progress against the plan, identify potential risks, and address any issues that arise. Monitoring is not only about tracking progress, but also about maintaining open lines of communication with stakeholders and adapting to changes in the project environment. This phase ensures the project remains aligned with organizational objectives and any deviations can be promptly corrected. The main job aids in this phase are the Team Member Status Report, Project Manager Status Report, and Conflict Resolution Worksheet.

Close-out: Wrapping Up and Reflecting

As the project nears completion, we enter the close-out phase. We need to ensure all deliverables are met and resources are appropriately released. Additionally, documenting lessons learned during the project provides valuable insights for future endeavors. The close-out phase serves as a bridge between the current project and future improvements, closing the loop on the project management lifecycle. The main job aids here are the Project Deliverable Verification Checklist and Lessons Learned Worksheet.

Mastering the five phases of project management is essential for a project manager striving for success with any kind of project. From initiation to close-out, a structured approach ensures projects are well-planned, executed efficiently, and contribute to organizational goals. By following this structured process, we can navigate the complexities of project management with confidence and achieve optimal results in our project management initiatives.

If you’d like to know more about project management and the job aids mentioned above, take a look at our Practical Project Management workshop. Master the best practices used by project managers around the world—for both training and non-training related projects!

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Melissa Grey Satterfield

Melissa has been a master trainer with Langevin since 2000. She studied Broadcast Communications and started her career as an on-air personality for several radio and TV stations. She’s always been a bit of a performer, which is probably why training is such a good fit for her. Melissa knows the challenges trainers face, as well as the rewards that come with improving job performance. When not in the classroom, Melissa loves travelling, relaxing at the beach, cooking, and hosting dinner parties.
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https://www.linkedin.com/in/melissagreysatterfield

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