Once you have initiated a project and approved the project plan, your next step is to implement the project plan to deliver the agreed-upon scope. During this stage you establish the project leadership, organize the team for optimum performance, institute the operating guidelines, and engage the team in producing the project deliverables.
The project execution phase includes the following key elements:
Initiate the procurement of the project resources, materials, and equipment; request bids, select vendors, and enter into contracts
Perform formal project kick-off activities, which includes integrating the project team with the project goals, deliverables, operating procedures, budget and schedule
Engage the project team with Project InVision to track and manage all project-related activities, including tasks, action items, issues, risks, and more