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Chapter 1: What Is a Project? > Understanding Project Life Cycles and Project M...

Understanding Project Life Cycles and Project Management Processes

Project life cycles are similar to the life cycle that parents experience raising their children to adulthood. Children start out as infants and generate lots of excitement wherever they go. However, not much is known about them at first. So, you study them as they grow, and you assess their needs. Over time, they mature and grow (and cost a lot of money in the process) until one day the parents’ job is done.

Projects start out just like this and progress along a similar path. Someone comes up with a great idea for a project and actively solicits support for it. The project, after being approved, progresses through the intermediate phases to the ending phase, where it is completed and closed out.


  

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