What is the correct sequence of phases in project management?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

The correct sequence of phases in project management is initiation, planning, execution, and closure. This reflects the typical lifecycle of a project.

In the initiation phase, the project is defined and authorized, establishing its objectives and scope. This is critical for ensuring that everyone involved understands the purpose and direction before any work begins.

Next is the planning phase, where detailed project plans are developed. This includes defining tasks, establishing timelines, allocating resources, and identifying risks. A solid plan is essential for guiding the project team and ensuring that all aspects are considered before moving forward.

Following planning is the execution phase, in which the actual work of the project is carried out. This phase focuses on delivering the project outputs and requires effective coordination of people and resources to ensure the project stays on track according to the plan.

Finally, the closure phase brings the project to completion. This involves finalizing all activities, closing contracts, releasing project resources, and conducting a review to capture lessons learned. Proper closure ensures that the project is formally finished and provides insights for future endeavors.

This sequence is fundamental because it reflects how projects are typically structured to ensure their successful management and delivery, thus making option C the correct representation of the project management process.

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