
It includes:
• Project scoping
Defines project goals, deliverables, constraints, and success criteria. Ensures clarity before execution.
• Work breakdown structure (WBS)
Breaks the project into smaller, manageable tasks. Each task has defined ownership, duration, and dependencies.
• Scheduling
Develops a timeline using tools like Gantt charts or Critical Path Method (CPM). Identifies start/end dates, dependencies, and milestones.
• Resource allocation
Assigns people, budgets, tools, and materials based on task needs and availability. Prevents overload and idle time.
• Execution management
Tracks progress, resolves bottlenecks, updates stakeholders, and ensures tasks are delivered on time.
• Risk management
Identifies risks, assesses impact, and implements mitigation plans. Includes contingency buffers in time and cost.
• Performance monitoring
Measures KPIs like progress variance, cost variance, and resource efficiency. Uses project management software for real-time tracking.
• Change control
Manages scope changes through a formal review and approval process to maintain alignment and accountability.
• Closure and evaluation
Confirms deliverables, completes documentation, and captures lessons learned for future projects.