Project Life Cycle

Question 1

Recall the 4 stages (in order) of the Project Life Cycle

Answer 1

1. Initation
2. Planning
3. Execution
4. Evaluation

Question 2

Name what some *constraints may be for a project following the Project Life Cycle

constraints = limitations

Answer 2

• Budget
• Time
• Resources
• Mitigation of risks
• Security/risk management
• Regulations (rules)

Question 3

Advantages of following the Project Life Cycle structure

Answer 3

• Provides a structured approach
• Clearly defined tasks to be completed in each phase
• Clearly defined inputs/outputs for each phase
• Each member of the project team will have clearly defined
  roles/responsibilities
• Resources can be allocated in advance so any issues can be dealt with in advance
• Project managers can monitor the project to meet the desired deadline to ensure timely completion
• After each stage of the PLC there will be a phase review to make sure the project is meeting the required objectives based on the success criteria