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Project Life Cycle

The Project Life Cycle refers to the series of phases a project goes through from start to finish. It typically includes five stages: initiation (defining the project), planning (outlining tasks and resources), execution (carrying out the plan), monitoring and controlling (tracking progress and making adjustments), and closure (finalizing everything and assessing the results). This structured approach helps ensure projects are completed effectively, on time, and within budget, facilitating better management and communication among team members and stakeholders.

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    The project life cycle is a series of phases that a project goes through from start to finish. It typically includes four main stages: initiation (where the project is defined and planned), planning (where tasks, timelines, and resources are organized), execution (where the work is carried out), and closure (where the project is completed and reviewed). Each stage helps ensure that the project meets its goals and is delivered successfully. Understanding this cycle is essential for managing and completing projects efficiently and effectively.