How do pmbok plans its life cycle stages?

Answer 1

From initiation/authorization to completion/closure, a project goes through a whole lifecycle that includes defining the project objectives, planning the work to achieve those objectives, performing the actual work, monitoring and controlling the progress, and closing the project after receiving the product acceptance or after cancellation of the project.

There are 5 Stages. They are:

1. Initiation
2. Planning
3. Execution
4. Monitoring & Control
5. Closing