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Project life cycle

Initiate

  • Business case
  • Statement of work
  • Project charter
  • Preliminary scope
  • Budget

Plan

  • Project plan
  • Scope baseline
  • Schedule baseline
  • Cost and budget
  • Risk management plan
  • Communication plan
  • Resource plan
  • Quality plan
  • Work breakdown structure (WBS)
  • Change management plan
  • Bid contract(s)

Execute

  • Execute and manage project plan and subsidiary plans
  • Change requests
  • Evaluate work performance and reports

Monitor and control

  • Monitor cost and budget
  • Control risks
  • Project status reports
  • Change request
  • Change management

Close

  • Hand off/transfer project
  • Lessons learned
  • Close contracts
  • Close project or phase
Last Updated: 4/21/26