Explain construction stages from conception to completion

Construction stages from conception to completion are as follows:

• Initiation Phase: In this stage, the evaluation and the creation of the project are done to know its feasibility.
• Planning Phase: In this stage, further development is done in projects in detail.
• Execution Phase: In this stage implementation of work is done and plans are executed into action.
• Performance and Monitoring Phase: In this stage progress is measured and items are tracked.
• Closure Phase: In this stage, final delivery is provided to the customer and the project is examined carefully.