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Project Development Stages

oboloo Glossary

Project Development Stages

Project development stages are the steps used to define and manage the scope of a project. These stages are typically broken down into four major categories, which are initiation, planning, execution, and closure. The initiation stage is the first step in the process, and involves identifying and analyzing the project needs, objectives, scope, and timeline. During the planning stage, the project is further broken down into smaller, achievable tasks. The actual execution of the project occurs during the execution stage, and includes tasks like resource allocation, implementation of plans, and monitoring of progress. The closure stage marks the end of the project and involves tasks such as evaluating the success of the project, completing project documentation, and releasing resources. Through the use of these stages, project managers can ensure that their projects are completed on time, within budget, and with the desired outcome. Project development stages are an invaluable tool in managing and completing

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