Project Life Cycle in Industrial Engineering

All projects can be mapped to a generic life cycle structure. A project life cycle is a sequence of steps through from the beginning to the end, they are sequential and, generally in industrial engineering, there are 4 four main phases which are: Initiation, Planning, Execution and Closure. The phases can be broken down by intermediate milestones, specific results or deliverables. The life cycle provides the basic framework for managing the project, regardless of the specific work involved, it is independent from the product life cycle produced by or modified by the project.