Project activity stream is used for the project initiation discussions. Project scope and project objectives are defined and uploaded in the project drive for everyone to see. This is usually done via creating a project workgroup. The following free project lifecycle management tools are available to everyone: You can use either methodology, as Bitrix24 supports both. Some companies use a 4 stage lifecycle methodology (Initiation – Planning – Execution – Closure), some – a 5 project phase methodology (Conception – Planning – Execution – Finish – Analysis). There isn’t really the correct number of project lifecycle stages. Thus, project lifecycle management tools help you plan, execute and evaluate project results. What is project lifecycle management? Are there 4 project phases or 5 project management phases? Welcome to Bitrix24, the world’s leading free project management lifecycle software with over 10 million users (yes, there are teams using Bitrix24 near you right now).Īs the term ‘life cycle’ suggests, each project has a start date and an end date.
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