The project managers are expected to take control and monitor the project once the project is kick$-$off and to carry out the work of the project to meet the project objectives. Every project has a beginning, and a middle period during which activities move the project toward completion.

With the aid of a flowchart, elaborate the phases in a project life cycle adapted from the Project Management Institute $($PMI$)$ with key deliverables at each phase for ONE project of your choice. Justify how knowledge of the project life cycle benefits the overall success of the project including the team members.