What is project lifecycle?
The life cycle of the project determines the diversity of situations occurring during its implementation. One of the first tasks of the project manager is to define the scope of work to be done and to divide tasks between members of the project team.
Defining tasks is the first stage of the project manager's work throughout the entire life cycle of the project. At this stage, the customer specifies the requirements and the project manager agrees on the most important aspects of the project. Regardless of the form in which the requirements are agreed upon, the five basic questions must be answered in the definition phase:
Project Business Case
Business case it the main document needed in order to document the value of the project and make sure everyone is on the same page in terms of scope and deliverables. Since business case is a base for the project development, it can become a great tool to look up to and check whether the team is on track with what was initially intended.
Project Business Case, if done correctly, can be sufficient to start a project. Good PCD contains information on:
In terms of the “Why”, nothing explains it better than numbers and results predictions. The Project Measurement Framework presented in the supplementary material doesn’t specify the exact way of weighting and selection criteria. Clarifying that point may be crucial to really get into why a project is being run and make sure it is treated with required seriousness and prioritization within the organization.
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