Project Lifecycle

Project Lifecycle refers to the series of phases that a project goes through from its initiation to its closure. It is a framework that defines the processes, activities, and tasks required to complete a project successfully. The project lifecycle typically includes five phases: initiation, planning, execution, monitoring and control, and closure. During the initiation phase, the project's objectives, scope, and stakeholders are identified. In the planning phase, the project plan is developed, including the project schedule, budget, and resource allocation. The execution phase involves the actual implementation of the project plan. The monitoring and control phase involves tracking the project's progress and making adjustments as necessary. Finally, the closure phase involves the formal acceptance of the project deliverables and the handover of the project to the stakeholders.
Your Previous Searches
Random Picks
  • OFETs: OFETs stands for Organic Field-Effect Transistors. These are electronic devices that use organic materials as semiconductors. OFETs are used in various applications such as sensors, displays, and electronic circuits. The operation of OFETs ... Read More >>
  • Subjective: In Data Science, subjective refers to the opinions, feelings, and biases of individuals that may influence the interpretation and analysis of data. Subjectivity can arise in various stages of the data science process, including data collect ... Read More >>
  • Intelligent Systems: Intelligent Systems refer to computer systems that are capable of performing tasks that normally require human-level intelligence, such as perception, reasoning, learning, decision-making, and natural language processing. These systems are ... Read More >>
Top News

Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty ...

Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast, where he spoke about the future of the autonomous vehicle industry....

News Source: Business Insider on 2024-10-20

After Cynthia Erivo Called "Wicked" Fan Art "Offensive," Ariana Grande Has Offer...

"It's so much bigger than us."View Entire Post ›...

News Source: Buzzfeed on 2024-10-20

Google Research execs reveal how they use AI in their daily lives — and where ...

Google execs on the Research team told Business Insider their favorite uses of AI, like looking up products with Lens or translating pages....

News Source: Business Insider on 2024-10-20

Google DeepMind CEO Demis Hassabis explains what needs to happen to move from ch...

Demis Hassabis, the CEO of Google DeepMind, recently discussed what he thinks will be the next phase of AI after chatbots....

News Source: Business Insider on 2024-10-19

This is OpenAI CEO Sam Altman's favorite question about AGI...

Altman said artificial general intelligence will facilitate "scaffolding that exists between all of us."...

News Source: Business Insider on 2024-10-19