The Erasmus+ project management process is usually broken down into separate phases that take the Erasmus+ project from beginning to end. These phases often overlap with the project life cycle. They can help you determine the right flow and sequence of operations to bring your project to conclusion. By doing proper Erasmus+ management planning early on in the project development process, you can save time and stress later on – especially during the project implementation phase.
The Project Management Process Stages
Monitoring and control.
1. Project Initiation
Initiation is the formal start of a project. It usually begins with the issue of a project mandate which briefly describes the purpose of the project and authorises the budget spend.
2. Project Definition and Planning
Project planning is key to successful project management. This stage typically begins with setting goals.
3. Project Launch and Implementation
Implementation (also called project execution) simply means putting your project plan into action. It often begins with a project 'kick-off meeting'.
During this phase, you will carry out the tasks and activities from your project plan to produce the project deliverables. For example, if you are creating a promotional pack for a trade show, early deliverables might be to gather product information and prices, and complete all of your product photography and get it signed off by the customer.
4. Project Monitoring and Control
Monitoring and control often overlap with execution as they often occur at the same time. They require measuring project progression and performance and dealing with any issues that arise during day-to-day work. You can use key performance indicators (KPIs) to determine if your project is on-track.
5. Project Close
During this last phase, you will complete your work and close-down the project. Closure doesn't necessarily mean success, but simply the final point of the project - e.g. closure could occur if you cancel projects that fail.