The Key Stages and Steps in Planning and Executing a Project

planning and executing a project

Planning and executing a project successfully is no easy feat. It’s extensive, time-consuming, and requires careful planning and preparation to achieve the desired results. While general approaches and project management methodology may vary based on your preferences and professional judgment, the overall structure remains consistent.

Here’s an overview of the different project management stages our online Project Management Graduate Certificate can help prepare you for:

Stage 1: Project Initiation and Planning

Before a project begins, you need to create a detailed outline that covers the project purpose, budget, resource allocation, and intended goals and outcomes. You will also set milestones and deadlines that your teams will abide by, dividing the project into smaller, more achievable segments.

This also includes risk assessments and a detailed breakdown of the project plan from start to finish, and other information.

planning and executing a project

Stage 2: Executing assigned tasks, development, and production

Beyond planning, the project executing stage involves multiple stages in product development, testing, manufacturing, and ensuring that you’re checking off items from your list. This is the phase where you meet the goals you’ve determined for your project and address problems.

Troubleshooting and monitoring the processes that your project is undergoing is important, given that it allows you to make corrections and improvements early on. These issues could be in the process or the final product or service you’re trying to create.

Stage 3: Concluding the project and analyzing lessons and notes

 Lastly, it’s important to conclude the project effectively. A project’s conclusion may vary based on different factors, such as time, production, milestones and goal completion, or other parameters, following which you should finish the handover. After every project, you will need to document important lessons, take notes, and create an analysis report of what went on during the process for a clearer idea.

Learn how to work as a professional project manager by obtaining your online Project Management Graduate Certificate through our fully online accredited university. We’re giving you the opportunity to register for a 16-week intensive, immersive learning experience that will teach you basic principles of project management and how to plan and execute projects independently or for various organizations.

Reach out to us today if you’d like more insight and advice.