![]() The activities shown in Figure 1.5 are undertaken. A number of management processes are undertaken to ensure that the project proceeds as planned. To ensure that the customer’s requirements are met, the project manager monitors and controls the activities, resources, and expenditure required to build each deliverable. It is the phase within which the deliverables are physically constructed and presented to the customer for acceptance. In his book, The Project Management Life Cycle, A complete step-by-step methodology for initiating, planning, executing & closing a project successfully, he said, “The execution phase is typically the longest phase of the project in terms of duration. Jason Westland is the Founder and CEO of. ![]() ensuring that you and your team don’t forfeit quality. Keep in mind, however, that during execution, you will create a management process to track time, resource expenditure, delays, issues, etc. We will study specifics of phase 4 in my next exploration post. You can anticipate using most of your resources and energy during the completion of this stage.Ĭlosely tied to the execution phase is phase 4, Monitoring & Control. The execution phase will likely take the longest amount of time to achieve of any of the phases. Your focus as project manager will change to performing and supervising all activities to create the tangible product or service as outlined in the project plan.ĭepartment of Information Systems Arkansas | Project Management Methodology “ Exploring Phase #3 ‚Äì ExecutionĪt this stage in the project life cycle, you will finalize your complete project team and acquire all essential resources needed to accomplish the tasks laid out in the planning documentation. This is an important phase as it will help you understand whether your project will be a success or failure. A lot of tasks during this phase capture project metrics through tasks like status meetings and project status updates, other status reports, human resource needs and performance reports. Roli Pathak, in her overview Top 5 Project Management Phases, says of this phase “a project deliverable is developed and completed, adhering to a mapped-out plan. ” With your detailed plan in hand, your team is ready to start phase #3, the Execution phase. However, as Peter Drucker said, “Plans are only good intentions unless they immediately degenerate into hard work. You have devised a solid strategy for your project. You and your project team have worked through the planning phase. We may make money when you click on links to our partners. content and product recommendations are editorially independent. Best Project Management Huts & Articles for 2023.Best Human Resources Management Software.Best Agile & Scrum Project Management Software.Best Billing & Invoicing Management Software.Best Project Portfolio Management Software.
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