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Phases of Iterative Project Life Cycle

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Questions and Answers

What is the primary function of a project life cycle?

To allocate resources sequentially

To mitigate risks concurrently

To integrate activities in an iterative manner

To provide a structure for governing the progression of work (correct)

What influences the choice between predictive and adaptive philosophies in project management?

The availability of resources

The availability of knowledge (correct)

The needs of key stakeholders

The complexity of the project

What is a characteristic of predictive project management approaches?

Work proceeds in a sequential manner (correct)

Risk is mitigated through concurrent activities

New knowledge is created during the project

Stakeholders contribute to the development process

What is the purpose of a hybrid life cycle in project management?

To integrate predictive and adaptive approaches Signup and view all the answers

What is a benefit of adaptive project management approaches?

Enabling key stakeholders to contribute to the development process Signup and view all the answers

What is the main difference between predictive and adaptive project management approaches?

The reliance on knowledge identified at the start Signup and view all the answers

What is a characteristic of iterative project life cycles?

Concurrent activities and feedback Signup and view all the answers

What is the purpose of control and governance mechanisms in project management?

To match the life cycle structure Signup and view all the answers

What is a benefit of using an extended project life cycle?

Providing additional time for project completion Signup and view all the answers

What is the primary goal of project managers in selecting a project life cycle?

To understand the characteristics and specific features of the selected approach Signup and view all the answers