PMO Project Lifecycle
A lifecycle allows the project to be considered as a sequence of phases which provides the structure and approach for progressively delivering the required outputs.
Benefits:
Ensures next phase of work is understood
Better estimating (shorter durations)
Limits risk
Go/No go decisions
Flexibility
Early phase success reinforces stakeholder commitment
Lessons learnt can be applied to future phases
Edinburgh Napier's project lifecycle is broken down into 3 main phases and below describes the steps required to successfully run a project from initiation to close. Please note that these steps should be reviewed and tailored as required to meet each project demands.
You can also download the above image as a PDF