What Is a Project Lifecycle?
A project lifecycle is the sequence of phases a project passes through from its initiation to its formal closure. Every project — regardless of industry, size, or methodology — has a lifecycle. Understanding it is fundamental to project management because the lifecycle determines how the project is planned, governed, executed, and closed. This guide explains what a project lifecycle is, what the main phases are, which types of lifecycle exist, and how to choose the right one.
