Project Management Phase Full

Phase FULL

All 5 phases - 400 total Hours (save $8,000)

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Phase 1 - Initiation

60 Hours

The initiation phase is the beginning of the project. In this phase, the idea for the project is explored and elaborated. The goal of this phase is to examine the feasibility of the project. In addition, decisions are made concerning who is to carry out the project, which party (or parties) will be involved and whether the project has an adequate base of support among those who are involved.

In this phase, the current or prospective project leader writes a proposal, which contains a description of the above-mentioned matters. Examples of this type of project proposal include business plans and grant applications. The prospective sponsors of the project evaluate the proposal and, upon approval, provide the necessary financing. The project officially begins at the time of approval.

Phase 2 - Planning

60 Hours

Setting goals for your team is the essence of the planning phase. Our project managers use a formal framework for setting and evaluating project goals with the S.M.A.R.T. approach. This methodology helps our project managers ensure that each team goal meets five important criteria:

• Specific
• Measurable
• Achievable
• Relevant
• Time Bound

The S.M.A.R.T. framework helps our team create goals that are more meaningful and more closely aligned with our client organization’s overall strategy.

Phase 3 - Execution

160 Hours

At this stage in the project life cycle, our team will finalize and acquire all essential resources needed to accomplish the tasks laid out in the planning documentation. Our focus will change to performing and supervising all activities to create the tangible product or service outlined in the project plan.

This phase takes the longest amount of time to achieve. We anticipate using most of the resources and energy during the completion of this stage. The visibility our team becomes prominent during the execution phase, as stakeholders, clients, and executive management will expect progress updates. Our goal is to pay special attention and to make sure that all parties involved are kept abreast of any developments including routine status updates, resource usage, and other pertinent issues.

During execution, projected risks normally materialize. By consistently assessing risk, we develop contingencies and alter and update the plan as needed to move forward.

Phase 4 - Control

60 Hours

The primary purpose of the Monitor & Control Phase is to compare and verify deliverables against the project plan and the requirements. These activities are performed throughout the project; however, the majority of this work is done concurrently with the Execute Phase. Risk and Change Management Plans developed during the Plan Phase are put to use now to ensure the success of the project. At times, during this Phase, our Project Managers may find that a given risk or problem forces revisiting the Plan Phase because of unforeseen risks or issues that come up that may make the project, as planned, unable to reach completion.

If deviations from the project plan are detected, corrective and preventative actions are recommended by our team to bring the project back into alignment with the project plan. Any changes to the configuration of a deliverable or to the baseline elements of the project plan must be made with great deliberation to safeguard a successful project outcome.

Phase 5 - Closure

60 Hours

Transferring deliverables for a project includes handing off promised goods and associated documentation, as well as providing agreed upon services. Our team will make sure you are satisfied with all project management phases, including the final product, which we are required to deliver on everything promised as part of the contract. Transfer of deliverables also occurs throughout the project life cycle, depending on milestones and the terms of the contract. However, before final closure can take place, we deliver everything you need to move forward using the product or service we have promised.

Perhaps the most important part of the project management closure phase is getting everyone involved to sign off on completion of contracts. This signifies that everyone involved agrees that all work has been delivered, that all invoices have been paid, that all objectives have been met and that each party is satisfied that the contract has been fulfilled.