Page 199 - E2 Integrated Workbook STUDENT 2018
P. 199

Managing projects





                           Compound instruments





               3.1   Gido and Clements – stages in the project lifecycle


                             NEED           SOLUTION            IMPLEMENTATION           COMPLETION
                Effort














                                                                                            Time


               3.2   PMI’s 5 project management process areas

               An alternative five stage project life cycle based on the Project Management
               Institute's 5 Project Management Process Areas identifies the stages as IPECC.



                           INITIATING                          PLANNING







                                           CONTROLLING                           EXECUTING







                                                                CLOSING















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