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What is the correct order of the project life cycle?

  1. Planning, initiating, monitoring / controlling, executing, closing

  2. Initiating, planning, monitoring / controlling, executing, closing

  3. Initiating, planning, executing, monitoring / controlling, closing

  4. Planning, initiating, executing, monitoring / controlling, closing

The correct answer is: Initiating, planning, executing, monitoring / controlling, closing

The correct order of the project life cycle is crucial for successfully managing a project from start to finish, ensuring that each phase is completed in a logical sequence. Initiating is the first phase, where the project is defined, goals are established, and stakeholders are identified. After initiating, planning follows, during which you develop detailed plans outlining how to achieve the project objectives, including scope, schedule, resources, and risk management. Next is the executing phase, where the plans are put into action. This is where the project team carries out the work defined in the project plan to meet the project specifications. Monitoring and controlling occur simultaneously with executing, as this phase involves tracking the project's progress, ensuring that everything stays on track, and making any necessary adjustments. This oversight is critical to maintain control over the project's direction and to address any issues promptly. Finally, the closing phase wraps up the project, ensuring that all work is completed, deliverables are handed over, contracts are finalized, and lessons learned are documented. This comprehensive approach reflects the natural progression through the project life cycle. Understanding this order helps project managers maintain clarity and effectively navigate the complexities of a project, ensuring that nothing is overlooked.