What Is Project Lifecycle? 

Project lifecycle is the concept that a project consists of several phases from start to delivery. There are different methodologies out there that include a differing amount of stages in the project life cycle. However, all of them start with a project initiation phase.

What are the four phases of project life cycle?

The four phases of project lifecycle are:

  • Initiation
  • Planning
  • Execution
  • Control

This version of project lifecycle doesn’t involve a project conclusion phase. As a result, it’s mostly used for long-term projects that your business may be working on.

What are the five phases of project life cycle?

The five-phase project management lifecycle includes the following stages:

  • Initiation
  • Planning
  • Execution
  • Control
  • Closing

This version of the project life cycle has a concluding phase. Because of this, it’s used for projects that will be finalized within a short period of initiation.

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