Project initiation

Initiation is the formal start of a project. It usually begins with the issue of a project mandate which briefly describes the purpose of the project and authorises budget spend.
At this stage, we define the project at a broad level. This often begins with:
ـ a business case
- justifying the need for the project and estimating potential benefits
ـ a feasibility study
- evaluating the problem and determining if the project will solve it
Project definition and planning

Project planning is key to successful project management. This stage typically begins with setting goals.
At this stage, we also define the project scope, and develop a project plan and work breakdown schedule. This involves identifying:
 - time, cost and resources that are at your disposal
 - roles and responsibilities for the project
quality
 - milestones
 - baseline performance measures
 - progress checkpoints
 - risk and resources for resolving unforeseen issues
Project Management
Project launch and implementation

Implementation simply means putting your project plan into action. It often begins with a project 'kick-off meeting'.
During this phase, we carry out the tasks and activities from your project plan to produce the project deliverables. We can use a range of tools and processes to help you manage things like time, cost, quality and risks, or to communicate progress and manage customer acceptance.
Project monitoring and control

Monitoring and control often overlap with execution as they often occur at the same time. They require measuring project progression and performance, and dealing with any issues that arise from day-to-day work.
During this time, you may need to adjust schedules and resources to ensure that your project remains on track. See how to measure performance and set targets.