pm_project lifecycle
TRANSCRIPT
![Page 1: PM_Project LifeCycle](https://reader036.vdocument.in/reader036/viewer/2022082723/587ac8601a28ab760f8b4e73/html5/thumbnails/1.jpg)
Typical Project Management Life Cycle using the Gate Review Process and PRINCE2/APM Methodology
Prepared By Dr Andrew Kimmance for ALS-Partners using PPP Stages
Project Management Life Cycle Oversight
Gateway 5: Benefits Realisation Gateway 4: Testing Commission Gateway 3: Investment Decision Gateway 2: Delivery Strategy Gateway 1: Business Justification
Project ExecutionProject PlanningProject Initiation Project Closure
Stage 6
ProjectClosure/Post
Technical &Commercial Project
ClosureClose operations
Post Project Review(Gate 4)
Delivery of BenefitsPost-Performance Review / Operation
Review Lessons Learned Terminate Project
(Gate 5)
Stage 5
Project Implementation
Project Review,Progress ReportingFinish deliverables
Initiate Construction,Implement Works program
Monitor Performance
Client Handover Commission
Acceptance File
Maintain ChangeControl and Risk Review
Stage 4
Start-UpMobilization
Baseline Scope,Deliverables, Risk, Time
and Budget
Hand OverProject set-UpTemp Services
Monitor Project Management Baseline Plan / progress reports
Performance, Quality Appraisal &
Target costing
Stage 3
ContractNegotiation
Client NegotiationRisks, Develop Implementation
Receive ClientDecision
Develop PM
Review ContractAcceptance
Invested decision
Initiate Contract, Secure funding, plan quality
(Gate 3)
Stage 2
Definition toPlan Project
Evaluate RisksConcept Design
Prepare Bid
MobilizeBid Team
Prepare proposal
Tender ApprovalSecure Funds / SPB/PB
(Gate 2)
Plan Risks Resources, Specs, controls Bid Submission
Stage 1
ConceptionDevelopment
Review OpportunityQualification
And funds
Invitation to tenderDecision to PursueBC outline proposal
ProspectDevelopment Governance
Bid / No BidDecision(Gate 1)