Execution

Guide to the Project Execution Phase in the Project Life Cycle

The Project Execution Phase is a crucial step in the CAPM (Certified Associate in Project Management) project life cycle that focuses on carrying out the tasks laid out in the project plan.
Importance: Without the execution phase, a project cannot move towards completion. The project's objectives cannot be achieved, timelines cannot be met, and resources may be wasted. Furthermore, any project risks identified will not be addressed without this phase.
What it is: The project execution phase is when the project management team is tasked with producing the project deliverables within the agreed-upon scope, quality, and cost. It involves the coordination of people, materials, and processes to achieve the project objectives.
How it works: The project execution phase begins after the planning phase. It involves the use of project management tools and techniques to direct and coordinate the tasks needed to complete the project. The key activities during this phase include executing the tasks as per the project plan, monitoring project progress, and adjusting the project plan as necessary, and managing project resources and risks.
Exam Tips - Answering Questions on Execution:

• Understand the essence: Make sure you understand the importance and functions of the execution phase. Questions will often revolve around how this phase fits into the larger project management process.
• Conceptual clarity: You must be clear on the different tools, techniques, and processes used during this phase.
• Real life application: Try to relate the theoretical aspects with real life examples to provide more comprehensive answers
• Address all points: When answering questions, ensure that you explore all aspects of the question. Answer why it's done, how it's done, and what happens if it's not done correctly.