"The Life Cycle of a Project: From Initiation to Closure"
In the Project Management Fundamentals module, we learned about the basics and essentials of project management. The classes, with first-hand stories from members of different Google teams, are simple, direct, and easy to digest. Here is a summary of the key points about the life cycle of a project:
The life cycle of a project is divided into four fundamental stages:
1. Project initiation:
Determination of objectives, deliverables, resources and team selection. Establishment of success criteria and project expectations.
2. Planning:
Layout of a detailed plan, adjusted to the budget and available resources. Definition of schedules, assignment of tasks and establishment of milestones.
3. Execution and monitoring:
Supervision of the fulfillment of tasks within the given time. Provision of tools and resources necessary for the team. Constant communication with stakeholders about progress.
4. Project closure:
Delivery and evaluation of results. Documentation of lessons learned and recommendations for future projects. These stages are essential to ensure that a project is completed successfully and within established parameters. That's all for this submodule, I hope this reading has been beneficial to you, and don't forget that next Friday the following summary of the points that I consider most important from the first module of this course will be available.
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