Življenjski cikel projekta je niz faz, skozi katere projekt prehaja od začetka do konca. Imena se razlikujejo, vendar klasičen model s petimi fazami daje jasen duševni zemljevid tega, kje je projekt in kaj bi se moralo dogajati.
Pet faz
1. INITIATION → why are we doing this? Define goal, scope, who's involved.
Output: a charter / agreed objective.
2. PLANNING → how will we do it? Tasks, schedule, resources, risks, budget.
Output: a plan everyone agrees on.
3. EXECUTION → do the work. Build, coordinate, communicate.
4. MONITORING → track progress vs. plan; manage changes and risks.
(runs in parallel with execution)
5. CLOSURE → deliver, get sign-off, review what went well/badly, wrap up.
