What is project lifecycle management? Are there 4 project phases or 5 project management phases? Welcome to Bitrix24, the world’s leading free project management lifecycle software with over 10 million users (yes, there are teams using Bitrix24 near you right now).
As the term ‘life cycle’ suggests, each project has a start date and an end date. Thus, project lifecycle management tools help you plan, execute and evaluate project results.
There isn’t really the correct number of project lifecycle stages. Some companies use a 4 stage lifecycle methodology (Initiation – Planning – Execution – Closure), some – a 5 project phase methodology (Conception – Planning – Execution – Finish – Analysis). You can use either methodology, as Bitrix24 supports both. The following free project lifecycle management tools are available to everyone:
Project initiation. This is usually done via creating a project workgroup. Project scope and project objectives are defined and uploaded in the project drive for everyone to see. Project activity stream is used for the project initiation discussions.
Project planning. Depending on your preferences you can use any or all of the following project planning tools – project roadmap (Gantt/Timeline), project Kanban board, project calendar, project task list or project resource management.
Project execution and control. Time tracking, project progress, project roles and other tools are a part of a free project management package.
If you want to try the world’s leading project management lifecycle software, register your free Bitrix24 account today to see how simple and effective it is.
* Please note that the information may have changed since the publication. For current prices and features please visit Bitrix24 pricing page.