An idea for a project will be carefully examined to determine how it benefits the organization. During this phase, a decision making team will identify if the project can realistically be completed.
A project plan and scope of work is created that outlines the work to be performed. Stakeholders will prioritize tasks, calculate budget and schedule, and determine what resources are needed.
Tasks and timelines are distributed and teams are informed of responsibilities and resources that have been appropriated. This is a good time to bring up important project related information.
Project managers will compare project status and progress to the actual plan, as resources perform the scheduled work. During this phase, project managers may need to adjust schedules or do what is necessary to keep the project on track.
After project tasks are completed and the client has approved the outcome, an evaluation is necessary to highlight project success and/or learn from project history.