Project Management Cycle
The project management cycle describes the life cycle of a project. It includes all the steps which are essential for the success of project management. The five steps are the executive duties of the project management authority. They include: Planning, control, personal, organization and leadership.
All persons involved in a project have to be lead by one person or a small team which is/are resonsible for the progress in the project. One important job of a leader or a team of leaders is to solve >>problems within the project group. >>Representation and coordination of the project are also part of the leaders role, which includes the managment of the >>fincances.
The last step is >>controlling. This consists of evaluation, reporting and necessary corrections.