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As such SPMF provides project management support during the project definition and planning phases of all projects. The full life-cycle can be described as a series of distinct phases, with work progressing from the conceptual phases through to implementation phases and into the operational and post evaluation phase.

A key part of an effective project management process is the independent review of project progress at the end of each stage, which is expected to verify the benefits and objectives before agreeing and moving onto the next stage, thereby ensuring that the project owner gains the full strategic benefit of the project.