The figure below roughly illustrates the proportions of each stage in the project life cycle.
Initiating and closing are relatively brief. Planning involves the most management processes but takes up relatively little time compared to executing. Controlling is performed in proportion with execution activities.
About the Author
Brian Denis Egan is CEO of a manufacturing company (Book Box Company) and a management consultant. He has written three professional development manuals and numerous white papers on aspects of management science. Since 2000, Brian has been a part-time instructor for Global Knowledge within the Management product line.
This article was originally published in Global Knowledge’s Business Brief e-newsletter. Global Knowledge delivers comprehensive hands-on project management, business process, and professional skills training. Visit our online Knowledge Center at www.globalknowledge.com/business for free white papers, webinars, and more.
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