Execute Phase

After all relevant plans have been drawn up during the planning phase, the project plan, meaning the totality of all individual plans, needs to be officially approved by the customer or a higher-level body, because the lion’s share of all costs arise during the execute phase, as the product respectively the project object is realised in this phase. If the customer or the higher-level body does not like something about the project plan, adaptations and modifications need to be made.