Trending Now

The Future of DevSecOps: 8 Trends and Predictions for the Next Decade
The Complete Guide to Microsoft Office 365 for Beginners
Organizational Certifications for Change Management Training
Product Owner Responsibilities and Roles
Agile Requirements Gathering Techniques 2024
Project Management Strategies for Teamwork
ITIL & AI: Revolutionizing Service Excellence
Agile Scrum Foundation Certification Guide (2025)
Major Agile Metrics for Project Management
5 Phases of Project Management for Successful Projects
Agile vs SAFe Agile: Comparison Between Both
Embrace Agile Thinking: Real-World Examples
What are the 7 QC tools used in quality management?
Four Dimensions of Service Management in ITIL4 - A Deep Dive
The Role of Big Data on Today's Business Strategies
PMP Certification Requirements: Strategies for Success
What is Site Reliability Engineering (SRE)?
Scrum Master Certification Cost in 2024
The Benefits of PRINCE2 for Small and Medium Enterprises (SMEs)
The Future of IT Service Management in Asia: A Look at ITIL Certification Trends for 2025
How Kaizen Can Transform Your Life: Unlock Your Hidden Potential
PRINCE2 and Project Management Certifications: Finding the Perfect Fit
How much is ITIL Certification Cost in 2024
Everything You Need to Know About the ITIL v4 Foundation Certification Curriculum
Top 10 Benefits of ITIL v4 Foundation Certification
The Importance of Tailoring PRINCE2 to Fit Your Organization's Needs
What is GitOps: The Future of DevOps in 2024
Why Should I Take a VeriSM Certification? My Personal Journey to Success
PRINCE2 7 for Beginners: A Simple Introduction for Newbies
The 7 ITIL Guiding Principles to Maximize Efficiency
What is a Vulnerability Management and It's Importance
ITIL 4 Framework: Key Changes and Updates for 2025
Project Management Principles and Concepts
Project Management Complexity: Strategies from the PMBOK 7th Edition
Kaizen Costing - Types, Objectives, Process
Lean Six Sigma Certification Levels Complete Guide
Kaizen- Principles, Advantages, and More
Benefits of Lean Six Sigma Black Belt Certification
Risk Management and Risk Mitigation Techniques For Businesses
Scaling Agile in Organizations and Large Teams
Navigating ITIL 4's Service Value Chain for Optimal Performance
ITIL 4 and Security Management: Ensuring Robust Information Security
How ITIL is Used in an Organization: A Layman's Guide
How ITIL 4 Enhances Digital Transformation Strategies: The Key to Modernizing IT Infrastructure
The Role of the ITIL 4 Service Value System in Modern ITSM
The Impact of ITIL 4 on IT Governance and Risk Management
Lean Six Sigma in Daily Life: Practical Examples of Quality Improvement
Achieving Agile ITSM with ITIL 4: A Synergistic Approach
Kaizen Basics: Continuous Improvement Strategies for Your Business
PRINCE2 Certification Role and Process
PRINCE2 Practitioner's Guide: Applying Methodologies to Real-World Scenarios
Developing a Cybersecurity Strategy: A Guide for IT Managers
The SRE Playbook: Implementing Reliability Practices That Work
Agile vs. DevOps: Difference and Relation
Agile at Scale: Strategies and Challenges
How to Manage Distributed Agile Teams?
What are two of the SAFe Core Values? (Choose two)
Which statement is a value from the Agile Manifesto?
Agile vs Waterfall: Difference Between Methodologies
Scrum Framework and Its Advantages in 2024
Major Scrum Master Skills for Leadership
Common Scrum Mistakes and How to Avoid
4 Best Agile Project Management Tools For Work
What does the Continuous Delivery Pipeline enable?
CSM vs. SSM: Which Scrum Master Certification is Better?
Which two statements are true about a Feature? (Choose two.)
Why do Business Owners assign business value to team PI Objectives?  
Optimizing flow means identifying what?
Which statement is true when continuously deploying using a DevOps model?
SAFe's first Lean-Agile Principle includes "Deliver early and often" and what else?
The 10 Benefits of Leading SAFe Certification
Agile Scrum Best Practices for Efficient Workflow
What is one way a Scrum Master can gain the confidence of a stakeholder?
Systems builders and Customers have a high level of responsibility and should take great care to ensure that any investment in new Solutions will deliver what benefit?
Which statement is true about batch size?
Advantages of Certified Scrum Master
What is one of the tools associated with Design Thinking?
At the end of PI Planning, after dependencies are resolved and risks are addressed, a confidence vote is taken. What is the default method used to vote?
Which pillar in the House of Lean focuses on the Customer being the consumer of the work?
What does a Scrum Master support in order to help the team improve and take responsibility for their actions?
What are two characteristics of teams that fear conflict?
What are the top two reasons for adopting Agile in an organization? (Choose two)
The primary need for SAFe is to scale the idea of what?
What is one output of enterprise strategy formulation?
Which two types of decisions should remain centralized even in a decentralized decision-making environment? (Choose two.)
The Agile Team includes the Scrum Master and which other key role?
What goes into the Portfolio Backlog?
Top 10 Scrum Master Interview Questions and Answers for 2024
Scrum Master Certification Detailed Curriculum
Scrum Master Certification Exam Preparation Guide
What is an example of applying cadence and synchronization in SAFe?
What are three opportunities for creating collaboration on a team? 
The program board shows which two items? (Choose two.)
What are two actions the Scrum Master can take to help the team achieve the SAFe Core Value of transparency? (Choose two.)
The purpose of Continuous Integration is to deliver what?
What are the benefits of organizing teams around Features?
What else does the SAFe principle, unlock the intrinsic motivation of knowledge workers, require besides purpose and mission?
How can a Scrum Master help the team remain focused on achieving their Iteration goals?
What is the primary measurement during Inspect and Adapt?
Which pathway would a LACE use on the Agile growth lifecycle?
Project Management Fuve Phases

5 Phases of Project Management for Successful Projects

Picture of Bharath Kumar
Bharath Kumar
Bharath Kumar is a seasoned professional with 10 years' expertise in Quality Management, Project Management, and DevOps. He has a proven track record of driving excellence and efficiency through integrated strategies.

Project management forms a crucial part of an enterprise’s work process. Completing the work well before time requires access to top-notch methodologies, processes, and tools. Above all, you need to acquire the right project management framework so the work in hand is completed with quality. 89% of companies establish at least one project management office (PMO).

Project management involves several activities like defining project scope, maintaining a budget, coordinating tasks, etc. Apart from the resources, your team should also know how to effectively and efficiently manage a specific project. Project Management is a highly regarded practice in the industry today. 

PMP Certification 

Phases of Project Management

1. Initiating Phase

This is where the project starts. This phase involves determining the project’s scope, purpose, and objectives. Your team should perform thorough research during this phase so they get all the required information. They should also identify the target audience and stakeholders directly impacted by the project. Apart from that, budget planning, deadlines, task distribution, etc are also a part of the initial phase. Obtaining approval from the stakeholders is a major aspect to be taken care of at the beginning stage. 

2. Planning Phase

This is a subset of the previous stage. All the tasks identified during the previous stage are carefully planned in this one. The work breakdown structure usually known as WBS is a crucial part of the planning phase, which means breaking the project into smaller and more manageable tasks. In this stage, a project schedule is created, detailing the sequence of tasks, their dependencies, and estimated durations. It helps in setting realistic timelines and identifying critical path activities. Risk management and quality assurance are other parts of this phase. 

3. Execution Phase

The team starts off the project work in this phase. Everything that was planned and researched is put into action here. It involves putting the project plan into action so the delivery is done on time. The Progress in this phase is monitored against the project plan to track whether tasks are being completed on time and within budget. Adjustments are made as needed to keep the project on track. The team updates the stakeholders about the project through meetings and other methods as agreed by both parties. Regular meetings are conducted to ensure swift work and to identify risk factors. 

4. Monitoring and Control Phase

The monitoring and control phase involves ongoing oversight of the project to ensure it stays on track and meets its objectives. Project progress is regularly measured and compared against the planned schedule, budget, and quality targets in this phase. The team uses key performance indicators (KPIs) to assess project performance. Risks are continuously monitored, and appropriate actions are taken to mitigate or address them. Risk response strategies are also implemented as necessary. Quality control measures are applied to ensure that project deliverables meet the defined quality standards. Change requests are evaluated and managed according to the established change control process.

5. Project Closure

The final phase where the project is closed and delivered. This involves testing, checking, and delivering the project for approval. It also includes making changes as advised by stakeholders. A project review or evaluation is conducted to assess the project’s overall performance, identify lessons learned, and capture best practices.

Benefits of Project Management

Project management is a set of best practices that are used by almost all companies of different industries. A lot of them use Agile frameworks for project development. Below are the major benefits of project management:

  • Strategic planning ensures the project goes in the right direction

  • Improves communication and collaboration across the teams

  • Better client or stakeholder satisfaction as you provide timely feedback and reviews

  • Timely quality checks leave no room for error

  • Better planning ensures efficient time management

  • The budget is maintained because of properly followed project management processes


If you want your team to acquire project management skills and add more value to your workflow, then our Spoclearn offers various Project Management Certificaton Training Courses that can be of great help. With modules specifically designed for practical knowledge and hands-on experience, the course can benefit individuals and enterprise teams in an organization in the long run. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Popular Courses

Follow us









Subscribe us