Part 3: Project Management Lifecycle.

Virtually all business-related projects, whether designing a car, building a website, updating information, or moving an apartment to a new facility, go through project management’s fundamental phases. That is planning, build-up, implementation, and closeout. Each stage, albeit overlapping, has distinct qualities, as discussed below.

Initiation.

Initiation is a critical first step in project management as it is where the objectives are identified. Note that an objective can either be a problem or an opportunity (Barron & Barron, 2006). Additionally, appropriate responses to the identified needs are outlined and documented. A feasibility study is necessary to determine whether the options are aligned with project goals and objectives, and recommendations are made (Barron & Barron, 2006). If the recommended solutions are approved, a project is initiated to deliver the approved solution, but the participants must first be selected. The next phase is the planning phase.

Closeout.

We have already defined a project as a temporary endeavor undertaken to achieve a unique product, service, or result. Accordingly, the closeout phase is where the project comes to an end. Three processes are important during this stage. The first one is project performance evaluation, which involves comparing the progress with the scope agreed at the initial stage (Harvard Business School, 2016). Secondly, close the project. It is important to recognize the teamu2019s effort regardless of the overall outcome (Harvard Business School, 2016). The last activity is debriefing with the team. Debriefing can help all team members by drawing insights into the strengths and weaknesses of the entire process, hence improving future projects.

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Emmanuel Addo
Founder
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Emmanuel Addo is the founder of the Young Global Leaders Network, an international non-governmental organization registered in six (6) countries namely, Ghana, United Kingdom, Nigeria, Sierra Leone, Democratic Republic of Congo, and South Sudan and has a membership strength of over 15,000 young black professionals, students, graduates, and aspiring leaders.

The organization also operates in 25 other African countries. Emmanuel also doubles as the chief convener and founder of the Young African Leaders Summit, one of the largest continental youth summits in Africa.  

Currently works at Kingston University as a Business Engagement Team Member in their Partnerships and Engagement Department. 

He characterizes energy, integrity, result-oriented, and ground-breaking service in each detail of strategic management, change management, stakeholder management, and leadership acquaintances.
Emmanuel owns a core background in Sociology and Psychology from the University of Ghana.

Leveraging his experience as a youth activist and a dynamic young man, Emmanuel founded the Young Global Leaders Network, a youth organization that comprises young diplomats, young politicians, and aspiring politicians, business/entrepreneurial business leaders with the aim of championing a mutual agenda for the African youth and promoting youth participation in governance as well as promoting entrepreneurial culture.
Emmanuel nurtures an environment of teamwork and has expertise in data collection and analysis as well as both quantitative and qualitative methods.

Emmanuel worked as an Associate Lecturer at the London College of Advanced Management where he delivered a wide range of business management courses that involved principles of marketing, leadership, operation management, and research methods. Emmanuel has always maintained high teaching and learning standards to ensure that his students’ stand out in academic achievements and successful progression. As a stout believer and passionate key player in volunteering; Emmanuel creates quality time to giving back gladly to his community what he has learned and to educate individuals with free consultancy on career development. He is a leader anyone would love to look up to and with great integrity, commitment, and passion to make the world a better place.
Emmanuel worked as Qualifications Manager at the Open University in the UK.

Emmanuel is also the founder of Kickstart Innovation Hub Ltd, the entrepreneurial hub of Young Global Leaders Network.