The project execution phase of the Project Management Lifecycle is exactly where the work gets done. This is the third phase of the project management life cycle, after Initiation and planning phase project enter into execution phase. In this phase literally project get start to build. Whether it is the building house of a project, changing a process project, or anything kind of project in between, where we can say that the work has begun.
Figure 1: Project Management Execution Phase
Source: (http://pmstats.dis.arkansas.gov/Meth/07-Execution%20Phase.pdf) In this stage, whatever comes out from plan phase get executed and the project work gets complete. Most of the time and depend on the project type, this is the longest stage of a project management life cycle and typically it consumes the most resources and the most energy. Probably it is the most expensive phase too. (Chavez, 2012, ¶ 1). http://knoji.com/subject/problems-in-project-execution-phase/ After the initial review and planning phase, the execution phase is initiated, the third phase of the project management life cycle. The execution phase involves engaging the project plan into action. During this phase the project manager will coordinate and direct project resources to meet the objectives of the project plan. As the project unfolds, it is the project manager’s job to direct and manage each activity on the project, every step of the way. That is happens in the execution phase of the project lifecycle; simply follow the plan, put together, and handle any problems that come up. The execution phase is where the project team actually does the project work to produce the deliverables. The word deliverable means anything project delivers. The deliverables for the project include all of the products or services that the team is performing for the client, customer or sponsor including all the project management documents that put together. The steps carried out to build each deliverable...
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