They may see various phases in their life including adolescence, teenage, young adult, middle-aged and mature adult or elderly.

Project management defines project phases as a component of the project life cycle that logically relates project activities to culminate in the completion of a major deliverable? 

Each phase of your life might be marked by such activities as student, athlete, professional, parent and grandparent.

Project management defines activity as a component of work performed during the course of a project.

Each phase of your life is marked by milestones like your high school or college graduation, the day you got married, or the birth of your first child, etc.

Project management defines milestone as a significant point or event in a project.

The average person experiences many issues throughout their life. These issues may take many, many forms including health, monetary, spiritual, etc. Additionally, the average person also must weigh and deal with many risks along the way. Do I have the money to afford this car? Is he the right guy or girl? Should I change my job? What should you do? How do you even go about making a knowledgeable decision? What process do you go through to make those decisions?

The Project Management Institute (PMI) utilizes their industry recognized standard called the Project Management Body of Knowledge or PMBOK© to capture the embodiment of processes that allows an individual to initiate, plan, execute, monitor and control and close projects. These 5 process types encompass the 42 processes that allow an individual to manage the integration, scope, time, cost, quality, human resources, communications, risk, and procurement on their project, while proactively guiding the project through the project life cycle.

Tune in again for Part II: Your Daily Project, where I compare how, at the very lowest level, our days can be divided up into a series of activities and how the performance of those activities compare to PMI’s initiation processes.