in qtp framework there are basically 4 phases.

1.prepare enviorment:- do preparation for automation mean
arrange hardware as well as software requirements.prepare
test cases and initial and end conditions.
2.record:-in this record the application and generate the
test scripts.then playback the record then using the object
repository.
3:-inhance or upgrade:-in this section use syncronization
and cheack points and then data driven testing.
4:-inthis see the behaviour of application when it passes
through muliple data

amith tewari answer is wrong

 sorry amith

plzzz any body tell the correct answer iam facing this 
question every where in the interviews...RAJESH

automatin framework can be classified into 2 phases
1. analysis
2. implementation

in analysis phase 
study the application or website
find out all the screens or windows
find out all the objects in the windows (standard or custom)
standard means they can be identfied by the tool where as 
custom can't be, so try to configure custom to standard
if we can't avoid those non configurable objects
try to plan for the automation architecture
create software structure for automation
prepare tcd for the scenarios where in you go for automation
create the object repository
generate the script
prepare test data and enhance the script using that test 
data(replacing the fixed values with parameters)

Thank u Lalitha Reddy for ur Answer..RAJESH

Email:trajesh.qa@gmail.com

If they are asking about Framework -
 May be / May not be 4 type of frameworks.
If it is this..
Linear
Modular
Keyword Driven
Hybrid.

can you give me a overview these four types of frameworks

Hi Everybody,

most of them that we have only 4 frameworks.
frameworks are mainly used for optimization (less effort
more output)

while implementing a framework, another framework may come
into existence.

up to my knowledge,

modular
hybrid
keyword
linear or sequential
functional decomposition multiaction framework
artificial intelligence framework (AIR)
advanced keyword 
QC Framework