Three Useful Applications of Project Life Cycle Knowledge

An experienced project manager will act differently depending on the moment in the project’s life cycle.
This topic is often overlooked by novice project managers.
It seems very difficult.
You don’t need to create a project life cycle for each project.
There are at most 3 ways project life cycle theory can help you manage your project.
1. Escape Ignorance
These two paragraphs will help you become more professional when discussing topics related to project management.
Don’t confuse the Project Management Process with the Project Life Cycle. It is important to not confuse it with Product Life Cycle.
These are three distinct concepts. They may use different terms in the description.
The Project Life Cycle outlines what needs to be done in order to produce project results.
This is how a project should be managed to reach its goals. Project Management Progress, on the other hand, outlines what must be done to manage a particular project.
Here’s how Project Management Process interacts to Project Life Cycle:
– On large projects:- On large agile projects:- On small projects:- One Project Management Process Cycle covers the entire Project Life Cycle. This means that the names of process groups and phases can be interchangeable.
2. Reduce Require Project management Efforts
Remember that managing a large complex project can be more difficult than managing a series of smaller, related projects.
Here are four reasons to split a project into phases (subprojects).
1. To make the project manageable.
Some deliverables are so complex that it is difficult to manage them all in one go.
In such cases, the project manager divides the project into phases with tangible deliverables.
The final result will be the sum of all deliverables. The project manager will manage small projects.
2. To seperate the work of a different type.
Deliverables from different phases may require engagement in different industries, skill sets, or organizations.
You might be responsible for creating a design for a new aircraft, making a prototype of it, and testing it.
It is also important to distinguish different types of mental activities such as Requirement collection (brainstorming workshops, interviews, etc.). From Testing (stress testing and black-box testing, performance measures, etc.
3. To make the project easier to predict.
Different phases of deliverables may require different execution and control processes.
The monitoring and controlling of the process will be entirely different in the same case as before.
4. To create project checkpoints.
The phase’s end results in the handing over of its deliverable.
It is a good time to evaluate the project’s chances of success and to decide whether to continue it or not.
You can create a report, for example, after the Feasibility Analysis Phase. It shows that the project cannot be completed without severe functionality and safety reduction.
It could be considered unacceptable. The project will be ended. The remaining resources will go to a more worthwhile project.
The industry, nature and control needs of the project will all affect the Project Life Cycle. In most cases, the numbering and naming of phases will be different.
The main idea is outlined in a generic life cycle. It is divided into four phases.
Start the project. This phase involves research, investigation, and defining the project’s goals. These are the Requirement Collection Phase, Research Phase, and Feasibility Analysis Phase.
Organizing and preparing. It is essentially about defining requirements, creating product designs, and planning. The Product Design Phase, Product Architecture Phase and Planning Phase are the real examples.
Executing the project work. This is the phase in which you complete the work required to produce the final product.

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