It also includes activities such as stakeholder engagement and communications, quality assurance, and team development. Most of the budget will be spent during this phase to produce the deliverables. Project execution: This is when you’ll put your project plan into action and get the project underway. You’ll create more detailed project documents to help your team understand the project vision and what’s required to see it through. Project planning: The planning process is where you set up the project infrastructure to help you achieve the project goals within time, budget, and resource constraints. This phase consists of creating the project charter to provide an overview of the project, a clear road map, and the stakeholder register to specify the stakeholders involved. Project initiation: The aim of this phase is to establish the vision and goals for the project and secure stakeholder approval through project objectives. Project integration management also involves overseeing the five project management phases that occur during the project lifecycle. Project integration management is used to ensure that the data from the sales team is properly handed off to the marketing team and that the deliverable meets requirements. Here’s a project integration management example: Let’s say the marketing team requires data from the sales team in order to produce a report for stakeholders. When projects have competing objectives or scheduling conflicts, project integration management helps you make cost or schedule trade-offs that enable your team to complete the project and meet stakeholder expectations. You need project integration management when there are interactions between different processes and teams.
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