Mastering Project Life Cycles
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Questions and Answers

Which term is used to describe the completion of deliverables at the end of each phase in a project life cycle?

  • Phase exit
  • Stage gate (correct)
  • Milestone
  • Checkpoint

What is the purpose of a project life cycle?

  • To allocate resources
  • To provide a framework for completing a project (correct)
  • To define the scope of the project
  • To track project progress

What is a stage gate in a project life cycle?

  • A document that outlines the project objectives
  • A point where a decision is made to proceed to the next phase (correct)
  • A milestone indicating project completion
  • A meeting to review project progress

Which characteristic of a project life cycle is represented by a bell curve?

<p>Cost and staffing (B)</p> Signup and view all the answers

When are risk and uncertainty highest in a project life cycle?

<p>At the beginning (A)</p> Signup and view all the answers

At which stage of a project life cycle is stakeholder influence highest?

<p>At the beginning (C)</p> Signup and view all the answers

Flashcards

Project Life Cycle Purpose

Provides a structure to finish a project successfully.

Stage Gate Definition

Decision point in a project to continue to the next phase.

Project Life Cycle deliverable

Completing tasks per phase.

Risk and Uncertainty in Project

Highest at the beginning of the project.

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Project Life Cycle Cost Curve Shape

Shaped like a bell curve.

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Stage Gate Deliverable

Marked by a decision point to proceed.

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