Life Cycle of a Project: 5 Phases | Project Management

This article throws light upon the five main phases involved in project life cycle. The phases are: 1. Project Identification Phase 2. Formulation Phase 3. Detailed Project Planning Phase 4. Project Implementation Phase 5. Project Hand Over Phase. Phase # 1. Project Identification: For the purpose of identifying the project, a study of various alternatives is necessary. To assess the [...]