Exam Description
- Initiation: The project’s purpose, objectives, and feasibility are assessed. This includes defining the project scope, identifying stakeholders, and obtaining approval to proceed.
- Planning: Detailed plans are created outlining project objectives, timelines, resources, risks, and deliverables. This phase involves developing a project management plan, work breakdown structure (WBS), schedules, and budgets.
- Design: Based on the project requirements and objectives, technical designs, specifications, and blueprints are developed. This phase applies to various types of projects, such as software development, engineering, architecture, etc.
- Execution: The project plan is put into action, and tasks are carried out according to the defined schedule and budget. This involves coordinating resources, managing stakeholders, and addressing any issues that arise during implementation.
- Monitoring and Control: Progress is monitored against the project plan, and adjustments are made as necessary to ensure project objectives are met. This phase involves tracking performance metrics, managing changes, and resolving issues to keep the project on track.
- Closure: The project is formally concluded, and deliverables are handed over to stakeholders. This includes conductin