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The Fife Phases of a Project


1. Definition        2. Strategy        3. Implementation        4. Execution        5. Closing


1. Start the project by defining your goals ! Answer the questions below !
  • When does the project have to start ?
  • When must the project be finished ?
  • What resources do we need ?
  • Who will we perform the work ?
  • What is the budget for the project ?
  • What is our quality standard ?
  • What are the risks ?
  • What exactly do we expect when the project is finished ?
  • What are the specific features of the final product ?
2. Look at the different ways how you can get to your goal !
  • What are the resources that you have available ?  People, contractors, budget.
  • Purchase item or make them ?
  • What are the risks associated with the options you have ?
  • What will the line of communication be ?
  • Who will be responsible and how are decisions made at the level of responsibility ?
3. Plan the work in detail, set milestones and confirm cost and time !
  • Can the project be completed with the proposed budget ?
  • Is the proposed finish date realistic ?
  • Are the people and contractors available when you need them ?
  • What is the risk associated with each task ?
  • How are we going to avoid the risk ?
  • Have we allowed for unpredictable events ? (Weather; material cost increase etc.)
  • How will the quality of the work be assessed ?
  • How will earned value be assessed ?                        
4. Manage the approved plan, control cost, quality, schedule and risk !
  • The project manager follows the planned activities.
  • The project manager leads the team and the contractors.
  • The project manager evaluates risk and plans, so risk can be avoided or minimized.
  • The project manager assesses performance and controls quality, cost and schedule. 
  • The project manager reports progress, earned value, and advises of any deviation.
  • The project manager keeps all stakeholders informed.
5.  Compare actual product performance to the defined goals !
  • The Project manager prepares for product testing, evaluates the product performance.
  • The project manager compares the performance to the predefined goals.
  • The project manager reports the findings to the stakeholders and obtains approval.
  • The project manager documents the lessons learned during the project.
  • The project manager de-mobilizes and writes a closing report.


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