Project Life Cycle in Industrial Engineering

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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. The phase 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.


Contents

Big idea

Initiation: Starting the project

Planning: Organizing and preparing

Execution: Carrying out the work

Closure: Closing the project

Applications

Limitations

References

1. Project Management Institute. “Project Management Body of Knowledge (PMBOK Guide)” – Fifth Edition. Book. 2013. Page 38 to 46

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