Project Lifecycle – IHRIMedia

The project lifecycle consists of five process groups (often referred to as phases): Initiation, Planning, Execution, Control, and Closing.

Glossary: Stage-Gate
A specific point in time during the project lifecycle at which key project stakeholders convene to assess performance to date and to discuss whether a project should be: 1)Terminated, 2)Proceed according to plan, 3)Proceed based on a revised plan