Every project no matter how big or how small starts with an idea. A project would be an idea, revolutionary enough to pour itself out of the pulses of imagination in our heads, to a hard copy on our desks. An idea, which gets converted to a project, undergoes a series of phases that help it take a tangible form and become something much more than just a series of thoughts or conversations on a coffee table.
The success and failure of a project is secondary while the phases of development are primary to the life cycle of any project. The lifecycle phases are directly related to the success or failure of a project and are in a direct relation with the project management methodology. A project can take up any course of development but certain phases are imperative for the proper development of the project. The other iterations are just refinements and load break down steps for the ease of development.
A Project Life Cycle consists of the following phases –
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