In: Computer Science
What are the phases in a traditional project life cycle? How does a project life cycle differ from a product life cycle? Why does a project manager need to understand both?
ANSWER::::::
Theiphasesiofitheitraditionaliprojectilifecycleiareiasifollows:
·Conceptiphasei:iUnderithisiphaseitheimanageribrieflyiexplainsitheiprojectibyitellingitheineediofitheiprojectiandibasiciunderlyingiconcepts.
·Developmentiphasei:iUnderithisiphaseitheimanageridevelopsitheithoroughimanagementiplanitoiachieveitheiobjectivesiofitheiproject.
·Implementationiphasei:iInithisiphase,itheiprojectiteamicreatesiaiveryiaccurateicostiestimatesiandideliversitheirequirediworkiandialsoiprovideiperformanceireportsitoitheistakeholders.
·Closeoutiphasei:iIt'sitheifinaliphaseiofitheicycleiiniwhichiallitheitasksiandiworkiisicompleted,ianditheiprojectiisiacceptedibyitheicustomer.
Theiprojectilifeicycleidifferifromiaiproductilifeicycleias
1.Thereiisiaidefiniteiendiiniprojectilifeicycleiwhichiisinotiiniproductilifeicycle.
2.Theiphasesiofiprojectilifeicycleimayioverlapibutiphasesiofiproductilifeicycleidoinot.
3.Theiprojectilifeicycleiisiaipartiofiproductilifeicycleijustilikeiweicanisayiitiisiaisunsetiofiproductilifeicycle.
Projectimanagerineeditoiunderstandibothiasi
·Becauseiaiprojectimanagerishouldiknowitheidifferenceibetweenitheseitwoiconceptsitoialignitheibusinessigoalsiwithitheiprojectigoals.
·Sinceiaiprojectileditoiproductioniofiaiproductianditheniendsianditheiproductistaysiforiailongeritime,isoitheiproductilifeicycleiisibiggerithanitheiprojectilifeicycleiandimanagerimustiunderstandiboth.