Project Life Cycle Flashcards
Definition of project life cycle
A series of phases that a project passes through from its start to its completion
A project life cycle can be ….. & ……?
- predictive
- adaptive
Predictive Life Cycle of a Project
- plan driven
- requirements and scope fixed
- use analysis over discovery
- big upfront design
- architecture pre-determined
- estimates given up front
- forecasting based on upfront estimates
Adaptive Life Cycle of a Project
- planning drive
- requirements and scope is flexible
- uses discovery over analysis
- initial upfront design
- architecture evolves
- estimates constantly revised
- forecasts driven by work already delivered
- requirements prioritized by value to the business
Phases of a project
- initial
- intermediate
- final
cost & staffing levels
- initial = low
- intermediate = peak
- final = drop rapidly
Project Life Cycle (4 phase)
- concept & initiation
- design & development
- implementation or construction
- commissioning & handover
Description of concept & initiation phase in project life cycle (4 phase)
- The desire for a new house develops into a need
- The options & alternatives are considered, and the feasibility of the best options are evaluated
Description of design & development phase in project life cycle (4 phase)
- The preferred option is now designed & developed in detail, together with all the associated planning of schedules, procurement, resources & budgets
- The land & long lead items may be bought in this phase
Description of implementation or construction phase in project life cycle (4 phase)
- The contracts are let & the house is built to the detailed plans developed in the previous phase
- Changes may be made to the original baseline plan as problems arise or better information is forthcoming.
Description of commissioning & handover phase in project life cycle (4 phase)
- The building is inspected & approved
- The house is now ready to be handed over to the owner
Project Life Cycle (8Phases)
- concept & initiation
- design & development
- implementation or construction
- commissioning & handover
- operation
- maintenance
- upgrade/expansion
- decommission & disposal
operation in project life cycle
- fall out of project manager’s influence
maintenance in project life cycle
- to keep facility functioning
- ease of maintenance & minimum impact on production are important design considerations
upgrade & expansion in project life cycle
- to keep facility running efficiently & competitively
- new tech, competition, market requirements, laws is influencing this phase
- characterized by tight time scales to get facility up and running again with minimum disruption to markets and clients