5 distinct phases (credit Kelly Goto of Web ReDesign: Strategies for Success):

01 DEFINE
{DISCOVER gather information, understand audience, analyze industry}
{PLAN create project plan, set budget, create schedule, assign team, set up stage, plan testing}
{CLARIFY goals, communication, kick off}

02 STRUCTURE
CONTENT PLAN {audit existing content, outline new content, create delivery plan}
STRUCTURE SITE {create sitemap, set naming conventions}
STRUCTURE PAGES {create wireframes, address navigation, names and labels, define user tasks}

03 DESIGN
CREATE {review goals, develop concepts, design for user, design presentation}
CONFIRM {create HTML protosite, test functionality}
HAND-OFF {create graphic templates, create design style guide}

04 BUILD
PREPARE {determine project status}
BUILD {set guidelines}
TEST {QA plan, prioritize bug fixes, conduct final survey}

05 MEASURE
DELIVER {production style guide, create handoff packet, conduct post mortem}
LAUNCH {prepare announcement, register with search engines, launch site}
MAINTAIN {team capabilities, internal maintenance, maintenance plan, measure success, confirm security}