Which project management life cycle stage involves the development of project deliverables?

Closure marks the completion of the project, where the final deliverables are handed over, and project performance is evaluated. This stage does not involve the development of deliverables but rather focuses on finalizing and closing all project activities, ensuring everything is wrapped up appropriately.

Initiation is the first phase of the project management life cycle, where the project is defined at a high level, and feasibility studies are conducted. This stage involves gathering initial requirements and outlining the project's objectives, but it does not include the actual development of deliverables.

The Planning stage involves outlining the roadmap for project execution, including defining tasks, timelines, resources, and budgets. While planning is essential for guiding the development process, it does not encompass the actual creation of project deliverables, which occurs in the subsequent Execution phase.