What is the correct sequence of the planning process phases?

The correct sequence of the planning process phases is Initiation, Planning, Execution, and Closing.

Understanding this sequence is crucial because it reflects the logical flow of project management. The Initiation phase is where a project is defined and its feasibility is assessed. Once a project is deemed viable, it moves into the Planning phase, which involves outlining the project’s objectives, scope, and the strategy for achieving these goals. This includes developing a detailed project plan that guides the subsequent phases.

Following Planning, the project enters the Execution phase, where the actual work is carried out according to the project plan. During this phase, deliverables are produced, and resources are allocated and managed. Finally, the process concludes with the Closing phase, where the project's outcomes are evaluated, and formal closure activities are completed to ensure all aspects are finished and documented.

This structured approach is crucial for effectively managing projects and ensuring that each phase flows logically into the next, facilitating successful project completion.