3-Project Life Cycle Flashcards
Phase gate is held at …
the end of a phase which provides an opportunity
to assess the project performance and take necessary corrective or
preventive actions in subsequent phases
The project’s performance and progress are compared to project and business documents like …
Project business case , Project charter , Project management plan , and Benefits management plan
*Phase Gate helps in making GO / NO-GO decision i.e….
Continue to the next phase, Continue to the next phase with modification, End the project, Remain in the phase, or Repeat the phase or elements of it
3 types of Project Phase
The phases may be sequential, iterative, or overlapping.
2 types of Project Life Cycle
Project life cycles can be predictive or adaptive
Development life cycle
Within a project life cycle, there are generally one or more phases that are associated with the development of the product, service, or result. These are called a developmentlife cycle.
5 types of Development life cycle
Development life cycles can be predictive, iterative, incremental, adaptive, or a hybrid model.
Project Development Life Cycles - Waterfall (predictive)
Its traditional method that is managed with a defined
plan
Project Development Life Cycles - Iterative
Iterative life cycles improve the product or result through successive prototypes or proofs of concept
Project Development Life Cycles - Incremental
It is used when a product of a project will be developed through a series of repeated cycles, each one incrementally adding to the understanding of the functionality of the product (Many small deliverables are given = This is concidered as “Adaptive”)
Project Development Life Cycles - Agile (adaptive)
It is used when high levels of change and ongoing
stakeholder involvement are required
Project Development Life Cycles - Hybrid
A combination of predictive, iterative, incremental and or agile
Waterfall (predictive) is preferred when …
The project outcomes are well understood and known
When Iterative life cycle is preferred?
When projects are complex and project may require
frequent changes
When Incremental life cycle is preferred?
When customer cannot afford to wait for everything to be
completed
Iterative Life Cycle Primary goal
Perfection of solution.