Project management is defined as the application of skill, knowledge, tools and technique to meet the requirement of project.The process of completing a project from start to finish is divided into five phases. The diagrammatic representation of these phases cPhaan be shown as :Project Initiation:The first phase is the start of the project. In this phase, the thought for the task is investigated and expounded. The objective of this phase is to look at the practicality of the task. Moreover, choices are made concerning who is to carry out the project, which parties will be included and whether the task has a sufficient base of help among the individuals who are included.Inquiries to be completed in this phase incorporate the following:Why this project?Is it achievable?Who are conceivable accomplices in this project?What should the outcomes be?What are the limits of this undertaking (what is outside the extent of the project)?In the phase, the project partner enter an association with each other. To prevent false exceptions concerning the project.Definition:After compilation of design (which was produced in the initiation phase) has been approved, the project enters the second phase: the definition stage. In this stage, the prerequisites that are related with a project result are determined as obviously as could be expected under the circumstances. This includes recognizing the desires that the greater part of the included gatherings have as to the project result.The aftereffect of the definition stage is a rundown of requirement from the different parties who are engaged with the project. Each requirement clearly has a turn around side. The more detailed the task turns into, the additional time and cash it will cost. Likewise, a few requirement may conflict with others.It is important to identify the requirements as early in the process as possible. Several categories of project requirements can be as fallows:PreconditionsFunctional requirementsOperational requirementsDesign limitationsDesign Phase:The rundown of requirements that is created in the definition stage can be utilized to settle on design decisions. In the design phase, at least one design is developed, with which the project result can obviously be accomplished. Contingent upon the subject of the undertaking, the results of the design phase can incorporate dioramas, draws, stream diagrams, site trees, HTML screen plans, models, photograph impressions and UML patterns. Select the design that will help you to deliver the required output of the project. As in the design phase, once the plan has been selected, it can’t be changed in a later phase of the project.Development Phase:In the development phase, everything that will be expected to actualize the project is organized. Potential providers or subcontractors are gotten, a timetable is made, materials and devices are requested, directions are given to the staff . The design phase is finished when execution is prepared to begin. All issues must be clear for the requirement that will do the execution.In a few projects, especially smaller ones, a formal development phase is most likely a bit much. The critical point is that it must be clear what must be done in the implementation phase, by whom and when.Implementation Phase:The project comes to implementation after completing the implementation phase. This phase includes the development of the real undertaking outcome. Software engineers are occupied with encoding, designers are involved in developing graphic material, contractors are building, the actual reorganization takes place. It is amid this phase the task winds up noticeably obvious to pariahs, to whom it might create the impression that the project has quite recently started. The implementation phase is the doing phase, and it is critical to keep up the energy.Toward the finish of the implementation phase, the outcome is assessed by the rundown of requirement that was made in the definition phase. It is likewise assessed by the outcome.This stage is finished when the majority of the prerequisites have been met and when the outcome relates to the outline.Project Close:After project requirements are finished and the customer has affirmed the result, an assessment is important to feature extend achievement as well as gain from venture history.Tasks and project administration forms fluctuate from industry to industry; be that as it may, these are more conventional components of an undertaking. The overall objective is commonly to offer an item, change a procedure or to take care of an issue so as to profit the association.