Week 4 (Project Lifecycle)

Question 1

Project Subdivision

Answer 1

Subdividing a project into number of phases to improve management of smaller chunks of work.

Question 2

Mini Projects

Answer 2

Divided into four phases (feasibility, definition, execution and commissioning).
- As a mini project the phase can be managed using PM process (initiate, plan, execute and close)

Question 3

Phases Deliverable

Answer 3

Each phase groups logically related work (activities and tasks) to produce distinctive deliverables that is clearly separate from the other deliverables.
- deliverable is the output that is produced in its duration

Question 4

Phase Name

Answer 4

The phases are usually named after the deliverable or process.

Question 5

Beneficial Grouping

Answer 5

the phases are usually a beneficial grouping of smaller work and similar skills

Question 6

Phase Charter

Answer 6

Although the project charter is recognized as the key document to initiate a project, it might need to be supplemented at the phase level with a phase charter to initiate each phase and outline what the phase should achieve in essence, it considers each phase as a mini project.

Question 7

Sequential

Answer 7

Usually performed, which means that if the phases are imposed on the project’s timeline as one phase is completed the next one starts.

Question 8

Fast-Tracking

Answer 8

As in the case of sequential however, this is where the phases overlap i.e. one starting before the other complete

Question 9

Budget

Answer 9

Subdividing into phases allows the PM to assign a budget per phase.

Question 10

Go/No-Go Decision

Answer 10

Subdividing the project into phases creates a number of logical go/no-go decision point

Question 11

Project Control

Answer 11

Subdividing the project’s scope of work into phases helps to focus the level of planning and control within each phase

Question 12

Phase Gate

Answer 12

a review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a program or project

Question 13

Phase Review

Answer 13

a mini project with a phase charter needs to be closed with a phase review which is essentially a project closeout report at the phase level

Question 14

Feasibility Phase

Answer 14

Identify the need for a project. Initiate the project and carry out a feasibility study

Question 15

Design and
Development Phase

Answer 15

Develop the project’s concept and produce detailed designs and specifications, and a detailed project management plan outlining how to make the project.

Question 16

Execution Phase

Answer 16

Make the project, facility or product (goods or services) as per the design and project management plan.

Question 17

Commissioning and
Handover Phase

Answer 17

Confirm the project has been made to the design and plan. Confirm the project works within the intended configuration.
Handover the project to the client for operation.

Question 18

Level of effort

Answer 18

an indication of the amount of effort or work being performed to make the deliverables during each phase.
-commonly expressed as man hours or expenditure

Question 19

Payback period

Answer 19

the time is takes to recover the cost of making the project