<Table> <Tr> <Td> </Td> <Td> This article relies too much on references to primary sources . Please improve this by adding secondary or tertiary sources . (May 2015) (Learn how and when to remove this template message) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article relies too much on references to primary sources . Please improve this by adding secondary or tertiary sources . (May 2015) (Learn how and when to remove this template message) </Td> </Tr> <P> Project cycle management (PCM) is the process of planning, organizing, coordinating, and controlling of a project effectively and efficiently throughout its phases, from planning through execution then completion and review to achieve pre-defined objectives or satisfying the project stakeholder by producing the right deliverable at the right time, cost and quality . </P> <P> Projects go through definite and describable phases . Each phase can be brought to some sense of closure as the next phase begins . Phases can be made to result in deliverables or accomplishments to provide the starting point for the next phase . Phase transitions are ideal times to update planning baselines, to conduct high level management reviews, and to evaluate project costs and prospects . </P>

What is project cycle management (pcm)