Project Management Overview

Project Life Cycle Phases

Phase Purpose / Key Outputs
1. Initiation Define scope and objectives → documented in a Project Charter. Includes background, objectives, methodology, justification, requirements, constraints, assumptions, risks, and deliverables.
2. Planning Create a Project Plan: scope, team, Work Breakdown Structure (WBS), schedule, budget, risk plan, communication plan.
3. Execution Carry out tasks per plan; coordinate people and resources to deliver outputs.
4. Monitoring & Control Track progress vs plan; measure performance; identify issues and take corrective actions.
5. Closure Deliver final outputs, obtain sponsor sign-off, document lessons learned, and release resources.

Work Breakdown Structure

hierarchical decomposition of the entire project into smaller work packages:

Example: Bridge Construction

Gantt Charts

time-bar chart derived from the WBS to show:

→ Good for simple or medium projects; less effective for complex networks

Network Scheduling - CPM & PERT

AON vs AOA Networks