Professional Project Management Framework
A Standard Blueprint for Project Lifecycles and Execution
1. Project Initiation
The goal of the initiation stage is to define the project broadly and secure formal authorization to proceed.
• Project Charter: A brief formal document defining project scope, objectives, and participants.
• Stakeholder Identification: Determining everyone impacted by the project and charting their
expectations.
2. Project Planning
This phase maps out the operational roadmap for the project, establishing milestones, timelines, and budgets.
Key Deliverable: Work Breakdown Structure (WBS)
Deconstructing the total scope of work into manageable, independent work packages that can be easily
estimated and scheduled.
3. Project Execution & Monitoring
Teams execute the individual tasks identified in the WBS while managers maintain active quality control
checks.
• KPI Tracking: Measuring actual progress against project baselines.
• Risk Management: Continually tracking potential bottlenecks and executing mitigation workflows.
4. Project Closure
Final release of project deliverables, post-mortem reviews, and handover of active systems to operations
teams.
Corporate PMO Standard Framework Documentation