Project Execution Phase is an official business definition which is used to describe the phase of a project where the project team puts forth their plans and strategies into action in order to complete the project. It is during this phase that the project team will use the resources they have to complete the tasks that were outlined in the planning phase. During this phase, the project team will coordinate the activities necessary to complete the project and track the progress to make sure the project remains on schedule. They will also be responsible for monitoring and reporting on any changes that may occur during the course of the project. The project team may also need to review and adjust their plans and strategies as needed in order to ensure that the project is completed within the timeline and budget. The Project Execution Phase is a critical part of any project and is essential for the success of a project. It is essential that the project team plan, coordinate and monitor