Life Cycle

The life cycle is the structured path a project follows from beginning to end, divided into defined phases with deliverables and reviews that guide planning, control, and go/no-go decisions.

Key Points

  • Organizes the project into sequential or overlapping phases from start through closure, providing a management framework.
  • Each phase typically ends with a review or gate to continue, redirect, or terminate the work.
  • Phase names, counts, and details are tailored by the organization and may be predictive, iterative, incremental, or hybrid.
  • Also called "project life cycle" (See project life cycle.); not the same as the product life cycle or the PM process groups.

Example

A city bridge project uses Concept, Design, Procurement, Construction, and Commissioning phases. After Design, a gate review confirms scope, budget, and risks before funding Construction.

PMP Example Question

Which statement best describes a project's life cycle?

  1. The sequence of phases a project goes through from start to finish, often with decision gates between phases.
  2. The five process groups used to manage work throughout the project.
  3. The period from a product's market launch through retirement.
  4. The time-phased list of tasks that makes up the project schedule.

Correct Answer: A — The project's phased life cycle

Explanation: The life cycle defines the project's phases from beginning to end. The other options describe process groups, product life cycle, or a schedule.

Agile Project Management & Scrum — With AI

Ship value sooner, cut busywork, and lead with confidence. Whether you’re new to Agile or scaling multiple teams, this course gives you a practical system to plan smarter, execute faster, and keep stakeholders aligned.

This isn’t theory—it’s a hands-on playbook for modern delivery. You’ll master Scrum roles, events, and artifacts; turn vision into a living roadmap; and use AI to refine backlogs, write clear user stories and acceptance criteria, forecast with velocity, and automate status updates and reports.

You’ll learn estimation, capacity and release planning, quality and risk management (including risk burndown), and Agile-friendly EVM—plus how to scale with Scrum of Scrums, LeSS, SAFe, and more. Downloadable templates and ready-to-use GPT prompts help you apply everything immediately.

Learn proven patterns from real projects and adopt workflows that reduce meetings, improve visibility, and boost throughput. Ready to level up your delivery and lead in the AI era? Enroll now and start building smarter sprints.



Lead with clarity, influence, and outcomes.

HK School of Management brings you a practical, no-fluff Leadership for Project Managers course—built for real projects, tight deadlines, and cross-functional teams. Learn to set direction, align stakeholders, and drive commitment without relying on title. For the price of a lunch, get proven playbooks, and downloadable templates. Backed by a 30-day money-back guarantee—zero risk, high impact.

Learn More