write 200-250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Research the project management Process Groups and the project life cycle structure in Project management: A systems approach to planning, scheduling, and controlling, and then respond to the following:
Identify the typical phases of a project life cycle and the processes used in each phase.
Identify and explain one of the tools and techniques used in project scheduling, (examples, Gantt chart, Network Diagrams, WBS, PERT, CPM) and explain how it can be used to manage or control the project schedule.
Sample Solution
The typical phases of a project life cycle are initiation, planning, execution, monitoring and controlling, and closing. The processes used in each phase are as follows:
Initiation - Defining the scope of the project; setting objectives; identifying stakeholders; obtaining approval to start the project.
Planning - Developing strategies for accomplishing the objectives; creating a work breakdown structure (WBS); designing a schedule; determining resource requirements and budget estimates.
Execution - Carrying out tasks identified in the WBS according to plan; coordinating resources needed for completing tasks.