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Free Template

Project Lifecycle

The ultimate Project Lifecycle management tool for comprehensive project portfolio oversight, enabling real-time insights, customizable views, and enhanced decision-making with Mastt.

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Project Lifecycle
Template by
Jackson Row
Jan 29, 2025

What is Project Lifecycle?

A Project Lifecycle management tool provides a comprehensive overview of all projects within a portfolio, enabling Project Managers and stakeholders to monitor and manage their performance through various milestones, hold points and phases effectively. This tool consolidates key data points, presenting them in an easily understandable format that highlights the status of multiple projects, including their budget, schedule, risks, and overall health. With real-time updates and customizable views, users can quickly identify trends, spot potential issues, and make informed decisions to keep projects on track and aligned with organizational goals.

Great for

This style of Project Lifecycle management is great for Project Owners and Project & Program Management Consultants:

  • Project Managers: To oversee and control multiple projects at various stages, ensuring they are delivered on time and within budget.
  • Program Managers: To coordinate and manage related projects, ensuring they contribute to broader program goals.
  • Executives and Stakeholders: To gain a high-level overview of the performance of a project portfolio, facilitating strategic decision-making and resource allocation.
  • PMO (Project Management Office) Staff: To standardize reporting and maintain consistency across project data.
  • Financial Analysts: To monitor budget adherence and financial health across the project portfolio.

Project Lifecycle Template Includes:

📷 Photos: Provides a visual image of the project or progress for anchoring.

🎯 Key Data callouts: Displays the high level key data points for context and fast communication of status.

📣Project Update: Offers a written status to compliment visual imagery and charts on the capital project’s construction progress, financial health, and potential challenges affecting the timeline or budget.

🏗Project Description: Written details or a list of the project's objectives, scope and outcomes serving as a constant reminder of why this capital project exists.

👷‍♀️Stakeholders: Lists the key project stakeholders, including the project team and consultants, highlighting the collaborative effort behind the project.

Phases or Stages: Quickly visualises the project’s phase or stage lifcycle for relating quickly to the project’s commencement, completion and every phase in between.

Milestones: Key milestones visualised with tables for ease of seeing what’s coming up and what’s been completed.

👀Logos: Room for logos including the client side consulting firm or asset owner.

Project Lifecycle Example

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Topic: 
Project Lifecycle

Written by

Jackson Row

Jackson Row is the Senior Solutions Consultant at Mastt. With expertise in risk modeling, cost forecasting, and integrated project delivery, Jackson provides practical solutions to improve outcomes in capital project management. Through his work, Jackson contributes to the advancement of best practices in the construction industry.

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