Whether you’re working on a small project or a large project, understanding the project management life cycle is essential. Using the project management lifecycle templates, you can easily showcase the process of delivering a successful project. To keep your project organized and on track, the project lifecycle is usually broken down into four phases: initiation, planning, execution, and closure. These phases make up the path that takes your project from the start to the end. The project management phases provide the basic foundation of the actions that have to be performed in the project, irrespective of the specific work involved. With these powerpoint templates, you can map out the project process and quickly glance to see whether the project is on track or not.