Project cycle phases are a set of steps that are taken when designing a project. This process is also known as the project management cycle, and is a practical and organized method of managing any type of project. The project cycle phases typically begin with the conception and definition of the project, which is followed by the planning phase. During this phase, the stakeholders of the project develop a comprehensive plan that outlines the goals, objectives, and timeline of the project. After the planning phase, the project moves into the implementation stage where the tasks and activities needed to complete the project are developed, the resources are allocated, and the project is monitored and evaluated. Finally, the project enters the closing phase when the objectives have been achieved and the project is completed. The project cycle phases are an effective way of managing any project efficiently, from conception to completion.