APM Project Fundamentals Podcast – Project Lifecycle

Must read

Embrace the change: Getting to grips with new IT systems

New IT systems for a growing business can be an exciting prospect and deliver many benefits, but how do you convince employees to embrace...

5 Skills Needed To Drive Future Projects

Why do projects fail? It's a question that invites a lot of interest and significant statistics. And there are no wrong answers here. Skills shortages...

Does a Project Manager Need PM Qualifications?

What makes a successful project manager is a combination of their academic abilities, experience and skills, both "soft" and "hard" skills i.e. communication skills...

It’s good to talk but difficult to communicate

One of the insights from this year’s AXELOS PPM benchmark report was that poor communication continues to be the biggest challenge hampering projects and...
Michelle Symondshttp://www.dittodigital.co.uk
Michelle Symonds spent the first part of her career working in IT and IT Project Management in the oil industry and investment banking on complex global projects involving the management of outsourced project teams. She now runs a digital marketing company with particular expertise in SEO.

Why do we have a project lifecycle? Plants and animals have a lifecycle – they are born, live and die in the simplest sense so projects are the same. In this podcast we look in more detail at the project lifecycle.

 

 

We break the project into a number of stages in the lifecycle but why do we do that?

 

It’s a fundamental way of planning – if you have a large piece of work to do, you break it up into smaller chunks.

Even on small projects it is helpful to do this because it gives the work some structure and the opportunity for sponsors to buy in to the project.

The lifecycle communicates when things are going to happen – it is NOT a plan but a high level framework for delivering the project.

 

The APM break a lifecycle into 4 phases:

Concept – preparation of the business case (which is the mechanism to obtain funding or have funding approved) –  it describes what we are going to do, how much it will cost, how long it will take, what might go wrong and what the end result will be.

 

Definition – planning the detail of how we are going to deliver the project and that leads to the project management plan.

 

Development – planning and the delivery of the project – so the schedule, estimating and re-estimating. For example, if you are building a house – it is in this phase that you actually start building, having already obtained funding, planning permission etc. in the previous phases.

 

Hand Over and Close – This is an often forgotten phase where you hand over the completed project to the “business as usual” teams, who can state whether the predicted benefits have been achieved.

 

And there are “gates” between each phase of the lifecycle where you can take stock of progress.

So a lifecycle is required because you do work in small parts; it allows you to think about things in the right way – in a structured manner – before spending too much money. It breaks the work into manageable chunks.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article

Why All Knowledge Workers Are Part-Time Project Managers

Knowledge workers lie at the heart of many businesses. They have high degrees of experience, expertise, as well as education. Their jobs...

Project Accelerator Website Has a Makeover

I have been running this project management news website for over 10 years now, the domain was registered in 2008. Today we...

Project Management Strategies Every Tech Leader Can Use

As a tech leader, you're responsible for leading a development team. Thus you're in control of all the technology deliverables that contribute...

Parallel LIVE! Part 2. APM Project Roles in the 7th Edition of the APM BoK

This week Parallel's Matt Bolton and Jan Underdown discussed the roles in the 7th edition of the Body of Knowlege from the...

Parallel LIVE Again

So this week, we did our second live stream. This time John Bolton and I discussed linear, iterative and hybrid lifecycles. It's...