2. Project Life Cycles

Question 1

Differentiate between linear, iterative and hybrid life cycles

Answer 1

Linear:
- Structured approach to project management where the phases of the project are executed in a sequential manner.
- Each phase must be completed before moving onto the next one.
-
Iterative:
- project is broken down into smaller chunks called iterations.
-

Hybrid:
- combines both linear or iterative.
- allows flexibility while maintaining the structure of a linear life cycle.
-

Question 2

Explain why project are structured as phases in linear life cycles

CP-WDS-PE-RM-M+C

Answer 2

1. Clear Planning - spilt into phases
2. Well defined requirements - scope is stable
3. Progressive elaboration - each phase builds on the previous one
4. Risk management- helps to identify risks as project goes on
5. Monitoring and control

Question 3

Differentiate between a project life cycle and an extended life cycle

In terms of Phases

Answer 3

Phases:

The project life-cycle includes a standard set of phases, the common to most projects, including initiation, planning execution morning control and closure

an extended life-cycle may include additional features beyond the standard, said such as pre-project, post project or maintenance phases, depending on the needs of the organisation.

Question 4

Outline the role of knowledge and information management to inform decision making

5 points
PATR+RI–EDMP-FC+KS-SCL+I - EC+RM

Answer 4

Providing access to relevant and reliable information:

Enhancing decision-making processes:

Facilitating collaboration and knowledge sharing:

Supporting continuous, learning and improvement:

Ensuring compliance and risk management:

Question 5

Explain the benefits of conducting reviews throughout the life cycle

6 benefits
E-I – B – E – E – I

Answer 5

Early detection and correction of problems:

Improved communication and collaboration:

Better risk management:

Enhance quality assurance

Increased stakeholder satisfaction:

Improve decision-making

Question 6

Explain why projects may close early

5 points
M – L – C – U – E

Answer 6

Meeting the project objectives:

Lack of funding

Change in priorities.

Unforeseen circumstances

Early realisation of project risk.

Question 7

Differentiate between a project life cycle and an extended life cycle

In terms of timing

Answer 7

The standard project life-cycle of designed to be sequential with each phase building on the previous one.

An extended life-cycle may include overlapping phrases that are conducted simultaneously, or iterative phases with the same phase, may be repeated multiple times throughout the project.

Question 8

Differentiate between a project life cycle and an extended life cycle

In terms of level of detail

Answer 8

The standard project life-cycle typically includes a high level of detail in each phase, with specific deliverables and milestones that must be made before moving onto the next phase.

And extended life-cycle may include more or less detail and his fears, depending on the needs of the organisation.

Question 9

Differentiate between a project life cycle and an extended life cycle

In terms of complexity

Answer 9

The standard project life-cycle is designed to be relatively simple and straightforward with a clear beginning, middle and end.

And extended life-cycle may be more complex, with additional phases and activities that can add to the overall complexity of the project.