What does project cycle consist of?

Asked on 08.01.2019 in All Questions,   Business,   Management.
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(Top Tutor) Studyfaq Tutor
Every project cycle contains four steps: Initiation, Planning, Execution, Evaluation. Each step plays a crucial role within the lifecycle of the project, meaning no phase should be looked at more importantly that any of the others. The Initiation phase includes the essential purpose and extent of the project, the explanation for undertaking it and the solution to be implemented. It also includes recruiting the project team and carrying out a phase review, before proceeding to the next stage. The Planning phase includes the design of a set of planning documents which will steer the team throughout the project. Throughout the Execution phase,...
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