{"id":2593,"date":"2017-08-22T00:00:00","date_gmt":"2017-08-22T04:00:00","guid":{"rendered":"https:\/\/www.projectsanalytics.com\/project-management-lifecycle-primavera-software\/"},"modified":"2020-06-25T23:49:58","modified_gmt":"2020-06-26T03:49:58","slug":"project-management-lifecycle-primavera-software","status":"publish","type":"post","link":"https:\/\/www.projectsanalytics.com\/project-management-lifecycle-primavera-software\/","title":{"rendered":"The Project Management Lifecycle and Primavera Software"},"content":{"rendered":"

Primavera Software and the Project Management Lifecycle<\/h2>\n

\"project-management-lifecycle\"<\/p>\n

Project Management in\u00a0Primavera software<\/b>\u00a0is the planning, organizing, securing, and managing of the resources needed to complete a project on time and within budget.\u00a0The main purpose of project management is to achieve all of the project goals while taking in to account the constraints of the project.<\/span>\u00a0Typical constraints associated with a project are\u00a0time<\/em>,\u00a0scope<\/em>, and\u00a0budget<\/em>. The secondary goal of project management is to streamline the project management process ensuring that resources are allocated correctly and all the processes are streamlined to make sure the project is completed on time and within the budget.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The 5 Phases of the Project Management Lifecycle<\/h3>\n

The phases associated with project management fall into five categories including:<\/p>\n

    \n
  1. initiation
    \n<\/span><\/li>\n
  2. planning
    \n<\/span><\/li>\n
  3. execution
    \n<\/span><\/li>\n
  4. controlling
    \n<\/span><\/li>\n
  5. closing<\/span><\/li>\n<\/ol>\n

    Phase 1: Initiation<\/h3>\n

    The initiation phase of the project management lifecycle involves the initial start up processes of a project. This phase is where the project\u2019s scope and purpose are defined, justified, and implemented.<\/p>\n

    A. team members and managers are appointed<\/p>\n

    B. the feasibility of the project is studied<\/p>\n

    C. documentation is collected<\/p>\n

    D.the project office is set up<\/p>\n

    Primavera software<\/a><\/em>\u00a0helps streamline the initiation phase by offering the ability to store documents, configure the project team member\u2019s access, and provide an overall phase review before the planning phase begins.<\/p>\n

    Phase 2: Planning<\/h3>\n

    The planning phase is the most crucial stage of the project management lifecycle. This phase is where the project documents are finalized in Primavera P6 software and given to the project team members to be used to complete the project. The planning of a project falls involves the creation of five smaller plans including:<\/p>\n

      \n
    1. the project plan
      \n<\/span><\/li>\n
    2. resource plan
      \n<\/span><\/li>\n
    3. financial plan
      \n<\/span><\/li>\n
    4. quality plan
      \n<\/span><\/li>\n
    5. acceptance and communications plan
      \n<\/span><\/li>\n<\/ol>\n

      In Primavera P6, the planning phase is started by creating a work breakdown structure, forming a cost loaded schedule, assigning the resources to the project, and establishing a baseline.<\/span><\/p>\n

      Phase 3: Execution<\/h3>\n

      The project execution phase is where the work is started and completed. Once the project plans are set, construction begins on the project and the processes are compared against the baseline throughout the building of the project. The project team members use Primavera P6 software to<\/p>\n