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THE PROJECT LIFE CYCLE (PLC)

1.Conceptual/Creation/Initiation
Stage
2.Planning/Growth/Sell Stage
3.Implementation/Execution/Operati
on Stage
4.Termination/Close out/ Evaluation
Stage

PMIZ CPM PLC powerpoint


1.Conceptual/Creation/Initiati
on Stage
Establishing a need
Determining feasibility
Searching for alternatives
Preparing proposals
Developing basic budgets
Determining basic schedules
Naming the starting project team
Study; discuss, and analyze
Write the project definition
Set end-results objective
List imperatives and desirables (SOW)
Generate alternative strategies (Brainstorming)
Evaluate alternatives & choose a course of action
PMIZ CPM PLC powerpoint
2.Planning/Growth/Sell Stage
Setting goals
Listing tasks to be done
Developing schedules in a sequence
Developing a budget
Getting your plans approved by stakeholders
Conducting studies and analyses
Designing systems
Building and testing prototypes
Analyzing results
Obtaining approval for production
Establish the project objective
Choose a basic strategy for achieving the objective
Break the project down into subunits or steps
Determine the performance standards for each
subunit
Determine how much time is required to complete
each subunit PMIZ CPM PLC powerpoint
STAGE 2 continued
Determine the cost of each subunit
Design the necessary staff organization
Determine the number of staff needed
Determining kind of positions
Determine what training is required for project team
members
Develop the necessary policies and procedures
Market study
Pilot test
Computer simulation
Estimating labor costs
Estimating labor
Estimating overhead
PMIZ CPM PLC powerpoint
3.Implementation/Execution/
Operation Stage

Getting the time


Getting the money
Getting the people
Getting the equipment
Meeting and leading the team
Communication with all stakeholders
Controlling the work in progress
Establishing standards
Monitoring performance
Inspection
Interim progress reviews
Testing
Auditing
Taking corrective action

PMIZ CPM PLC powerpoint


4.Termination/Close out/
Evaluation Stage
Letting go of the project
Celebrate success
Release resources
Project completion checklist
Test project output to see that it works
Write operations manual
Complete final drawings
Deliver project output to client
Train clients personnel to operate project output
Reassign project personnel
Dispose of surplus equipment, materials and supplies
Release facilities
Summarize major problems encountered and their solution
PMIZ CPM PLC powerpoint
4.Termination/Close out/
Evaluation Stage
Document technological advances made
Summarize recommendations for future research and
development
Summarize lessons learned in dealing with interface
Write performance evaluation reports on all project staff
Provide feedback on performance to all project staff
Complete Final audit
Write Final report
Conduct project review with upper management
Declare the project complete
PMIZ CPM PLC powerpoint

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