Project Management Life Cycle Template

Looking for complete project management life-cycle Template bundle? In this article, I will discuss some key templates you must need for project and business management. In this bundle you can download “project planning” documents from scratch – includes (change management, quality management, checklist project management, project portfolio, dashboards).

With PPT slides and project portfolio dashboard template you can get complete bundle in one umbrella. All of these template create and update according to PMP 6th edition and 7th edition BY PMI.

Companies need to know the life cycle of a project, whenever they won’t start any project for their business. Project life and its complete cycle are necessary for all aspects. All project management tracking template are mention in PMP bundle.

Note: You must download “PREMIUIM BUNDLE” of this template By click right side of BLOG.

1. 2000+ project management templates
2. Risk management, procurement, financial and documentation template
3. Free PPT slides
4. You can also call project roadmap template
5. Free Project Portfolio dashboard template
6. Project reporting template for new business 

A Project Management Life Cycle (PMLC) template offers numerous benefits to project managers and their teams. Here are some of the key advantages:

1. Structured Approach: The PMLC template provides a systematic and structured approach to project management. It outlines the various phases and activities required to successfully deliver a project from start to finish. This structure helps project managers maintain clarity and focus throughout the project lifecycle.
2. Standardization: By using a PMLC template, organizations can establish a standard project management process that can be applied consistently across different projects. This standardization promotes efficiency, improves communication, and reduces the chances of critical steps being missed.
3. Clear Milestones: The PMLC template defines clear milestones and deliverables for each phase of the project. This enables project managers to track progress, monitor performance, and ensure that the project stays on schedule. Clear milestones also help in setting expectations with stakeholders and keeping them informed about the project’s progress.
4. Risk Management: The PMLC template incorporates risk management practices throughout the project lifecycle. It prompts project managers to identify, assess, and mitigate risks at each stage, which helps in minimizing potential issues and ensuring project success. The template also encourages the documentation of risk mitigation strategies, making it easier to manage and respond to unforeseen events.
5. Stakeholder Engagement: Effective stakeholder engagement is crucial for project success. The PMLC template facilitates stakeholder identification and analysis, ensuring that the project team understands and addresses the needs and expectations of all relevant stakeholders. This helps in building strong relationships, managing conflicts, and gaining support throughout the project.
6. Resource Management: The PMLC template assists project managers in effectively managing project resources, including personnel, budget, and equipment. By providing a framework for resource planning, allocation, and monitoring, the template helps optimize resource utilization and prevent resource bottlenecks.
7. Documentation and Knowledge Transfer: The PMLC template encourages comprehensive documentation of project activities, decisions, and outcomes. This documentation serves as a valuable resource for future projects, enabling knowledge transfer and fostering continuous improvement within the organization. It also helps in maintaining project records and facilitates project audits or reviews.
8. Control and Quality Assurance: The PMLC template supports project control and quality assurance efforts by outlining checkpoints, reviews, and quality standards for each phase of the project. This ensures that project deliverables meet the required quality criteria and enables proactive identification and resolution of any deviations or issues.
9. Scalability and Adaptability: The PMLC template can be customized to fit the specific needs of different projects and organizations. It is scalable, allowing it to accommodate projects of varying sizes and complexities. The template also provides flexibility, enabling project managers to adapt and tailor the process as needed to suit the unique requirements of each project.

By leveraging a Project Management Life Cycle template, project managers can enhance project planning, execution, and control, ultimately improving the chances of delivering successful outcomes while minimizing risks and maximizing efficiency.

If you are trouble during any phase of project life-cycle or require different category template relate to your project you can contact PMPDOCUMENTS. For example, Project communication plan, chain management template, project resource planning template ETC

Either template is very useful for this purpose. All phases of the project are important that works at the stage of initiation till the end of the project. What is the project life cycle?

Phases of Project Management Life Cycle Template

Eventually, four major steps are the basic part specially design for a different project. So that professional manager can take a step to accomplish from start to finish. Besides the purpose of these templates are to follow up on the framework and guide the project to execution.

Related Template: PMP ITTO TEMPLATE

The purpose of the project life cycle is to create an easy-to-follow framework to guide projects.

Initiation Phase

At the beginning of any project, there must be rules and some terms and condition for the project. you can set all necessary meet up in the project. your team can hard work and will make easier the work.

RELATED TEMPLATE: Project Initiation Template

They will solve the problem and seize all opportunity. With this step is easy to figure out all objectives of the project. but to determine the feasibility report and identifying all report related project.

Queries of initiation in project management

1. Feasibility study
2. Initiation report
3. WBS PROJECT PLAN TEMPLATE
4. Identifying scope
5. Identifying project stakeholder
6. Project Scope Document Template
7. Business Case Template
8. Business enhancement
9. Development and state of work
10. Project Status Report Template
11. Project Plan Outline Template

Planning For Project

At every stage in the project, there must be complete and comprehensive planning. Managers’ start works accordingly – the life cycle of the project needs more attention and a clean schedule. For project life-cycle template you can contact TEMPLATE124.com

Usually, large tasks are breakdown into small tasks, so they can execute on time in the best way for the company’s success. Sometimes small tasks have potential success for the business.

1. Usually, smart work is preferable – define different goals, particularly measurable. Attainable and timely realistic
2. Different layouts create more work breakdown structure
3. This structure helps to manage all goals in the project
4. Project Cost Management Template
5. Furthermore, a Gantt chart shows the road map of the project and tells about all outline of the project timeline

Execution Phase

In initial phase of project management life-cycle we create project charter according to project, so in this stage we carry out each project information through this template.

Different template we are using in this “Execution Stage” like stakeholder reporting template, investor PPT slides, Costing template. In this stage we get information from initiation stage and convert also into PPT slides for reporting superior staff.

1. Construction, Engineering & Software solution template (Example Template)
2. All workers necessary to take complete milestone which is need of in project management
3. Preliminary Project Execution Plan is also for developing strategy and planning in this stage
4. Make a workflow diagram to accomplish the project – meet with deadlines
5. Project Milestone & WBST is playing an important role in this execution stage
6. Help to understand all workflow and follow up phases
7. Plans and project phases – all concern managers have to understand
8. Give updates to stakeholders and make reports for meetings – if necessary
9. Need to follow up on all the success of the project as it is important to phase of project and project managers
10. Project Issue Log Template

Closure Phase

Ending phase or you call final phase of project. In this phase we use some useful template like (Project Estimation, Project Ending Reporting, Finalization Template of Costing & Resource Planning). Summary & conclusion project statement template.

1. Check all other resources related to project
2. Immediate assign all remaining task, If necessary
3. Check all points in projects and need to provide the reports
4. There must check all work, either properly done or best for company future
5. This is important to evaluate all things that have been decided at beginning of the project
6. What has been done and where is need to develop the factors to enhance business
7. Finally, the company has done its work with managers who were hired for different tasks
8. Teamwork makes the best results – individual can’t complete the project even with all effort

In the end with all phases of the Project Management Life Cycle Template excel and word would be a complete and successful project.

Project managers make different plans to execute their mission. Companies always want to enhance their business in all manners. Usually, life cycles very helpful and useful from all perspective.