Coursework 7F: The Project Execution Phase

Coursework 7F Author's Name: Institutional Affiliation: Date: Reasons why the project execution phase has the most cost and schedule intensive phase of the project life-cycle The project execution phase is the third and most critical stage of the project life-cycle. This phase is the most cost-intensive phase because it entails the actual performance of the project’s work. Additionally, during this step, the process execution group embarks on analyzing processes, evaluating procedures and plans to finish the project according to the preordained requirements that are specified in the master plan CITATION Adr19 \l 1033 (Watt, 2019). Besides, the execution stage, unlike the other phases of the project life-cycle, entails many activities such as solving potential conflicts, assembling necessary resources to evade stalls, managing workers’ morale to overcome burnout and boosting underperformers. Most of these sub-stages are costly, hence, making the third phase expensive. Conversely, the stage is schedule-intensive and failure to systematically adhere to each activity would lead to project del...