Explain Project Life Cycle?

Explain Project Life Cycle?
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Waterfall Model: The waterfall model is a software development process which follows a sequential approach. This approach steadily flows downwards like a waterfall which includes the phases of conception, initiation, analysis, design, construction, testing and maintenance.

Spiral Model: The spiral model is one of the software development processes which combines the design and prototyping -in -stages together to gain the advantage of top-down and bottom-up approaches.

Build and Fix model: This model is one of the worst model for project development. The project is built without specifications and lacks design steps. Essentially, the project is developed, tested, modified as many times as possible. This process continues until the client’s satisfaction is attained. The cost is greater compared to other models. The software engineers are discouraged to use this model.

Rapid prototyping Model: To determine and identify the design flaws and obtaining feedback during design process is done by using rapid prototyping model. Product designers and engineers are allowed to view their designs look and function in real world situations by using Rapid Prototyping Model.

Incremental Model: The evolution of waterfall model is incremental model. The integration testing, product design and development is done as a series of incremental builds. A popular software evolution model used by many software companies. Incremental model is suitable  and applicable where software requirements are well defined, but their implementation may be delayed; and the basic software functionality are required early.
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Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Description : Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Last Answer : (A) 3-2-1-4

The project life cycle consists of (A) Understanding the scope of the project (B) Objectives of the project (C) Formulation and planning various activities (D) All of the above

Description : The project life cycle consists of (A) Understanding the scope of the project (B) Objectives of the project (C) Formulation and planning various activities (D) All of the above

Last Answer : (D) All of the above

Which one of the following best describes project managc. Utilizing team members who can work on a project full time. d. Application of processes and methods throughout the project life cycle.ement? a. Using APM’s Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar projects.

Description : Which one of the following best describes project management? a. Using APM's Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar ... on a project full time. d. Application of processes and methods throughout the project life cycle.

Last Answer : d. Application of processes and methods throughout the project life cycle.

The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Description : The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Last Answer : b. concept, definition, development, handover and closure.

The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Description : The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Last Answer : b. increase as a project progresses through its life cycle.

One of the reasons a project life cycle is split into phases ic. mirror the major deployments of resources throughout the project. d. chunk work into time periods of similar durations.s to: a. facilitate formal go/no-go decision making during the project. b. balance the costs of work in each phase of project development.

Description : One of the reasons a project life cycle is split into phases is to: a. facilitate formal go/no-go decision making during the project. b. balance the costs of work in each phase of ... the major deployments of resources throughout the project. d. chunk work into time periods of similar durations.

Last Answer : a. facilitate formal go/no-go decision making during the project.

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms

Description : Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life cycle.

Which one of the following is captured in the Work Breakdown Structure (WBS)? a. The life cycle phases. b. The logical order of tasks. c. The scope of the project. d. Project costs.

Description : Which one of the following is captured in the Work Breakdown Structure (WBS)? a. The life cycle phases. b. The logical order of tasks. c. The scope of the project. d. Project costs.

Last Answer : c. The scope of the project.

Which one of the following statements is true? a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle. b. The business case is owned by the project manager and is created during the concept phase of the project life cycle. c. The business case is owned by the sponsor and is created during definition phase of the project life cycle. d. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

Description : Which one of the following statements is true? a. The business case is owned by the sponsor and is created during the concept phase of the project life  cycle. b. The business case is ... is owned by the project manager and is created during the definition phase of the  project life cycle.

Last Answer : a. The business case is owned by the sponsor and is created during the concept phase of the project life  cycle.

The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned

Description : The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned

Last Answer : c) Project Management Life Cycle

The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned

Description :  The process each manager follows during the life of a project is known as a) Project Management b) Manager life cycle c) Project Management Life Cycle d) All of the mentioned

Last Answer : c) Project Management Life Cycle

According to PMBOK, project management process groups are iterative, which was originally defined by Walter Shewhart and later modified by Edward Deming. Generally, one outcome from a previous process can serve as input for the next process. Which of the following best identifies with the description of this concept? Select one: a. Project life cycle b. Plan-Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Description :  According to PMBOK, project management process groups are iterative, which  was originally defined by Walter Shewhart and later modified by Edward Deming.  Generally, one outcome from a previous process can serve ... -Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Last Answer : b. Plan-Do-Check-Act cycle

Once the project is approved and moves into the planninb. The total risk on the project typically reduces as activities are performed without loss. c. Risks must be weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. d. Risks are identified with each major group of activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysisg stage, what happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded.

Description : Once the project is approved and moves into the planning stage, what happens  in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Last Answer : d. Risks are identified with each major group of activities.

Once the project is approved and moves into the planning stage, what happens in the next phase of the project life cycle?Select one: a. Agreements for risk sharing need to be concluded. b. The total risk on the project typically reduces as activities are performed without loss. c. Risks must be weighed against the potential benefit of the project’s success in order to decide if the project should be chosen. d. Risks are identified with each major group of activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Description : Once the project is approved and moves into the planning stage, what  happens in the next phase of the project life cycle? Select one: a. Agreements for risk sharing need to be concluded. ... activities. e. A risk response plan can be used to identify increasing levels of detailed risk analysis

Last Answer : d. Risks are identified with each major group of activities.

Life cycle of a project manager ____ with the development life cycle.

Description : Life cycle of a project manager ____ with the development life cycle.

Last Answer : Ans. Overlaps

In the ____ phase of the project life cycle the work gains momentum.

Description : In the ____ phase of the project life cycle the work gains momentum.

Last Answer : Ans. Quick Momentum

A ____ of activities that are used to achieve the project’s goals or objectives is known as the project life cycle.

Description : A ____ of activities that are used to achieve the project’s goals or objectives is known as  the project life cycle.

Last Answer : Ans. Rational order

Which of the following items should not be includedb) Detailed schedules, budgets and resource allocations c) The life cycle model to be used d) The organisational structure of the development organisation, project responsibilities, managerial objectives and priorities e) None of the above. in the project management plan? a) The techniques and case tools to be used

Description : Which of the following items should not be included in the  project management plan? a) The techniques and case tools to be used b) Detailed schedules, budgets and resource ... development  organisation, project responsibilities, managerial  objectives and priorities e) None of the above.

Last Answer : c) The life cycle model to be used

The process each manager follows during the life of a project is known as (A)Project Management (B) Manager life cycle (C) Project Management Life Cycle (D)All of the mentioned

Description : The process each manager follows during the life of a project is known as (A)Project Management (B) Manager life cycle (C) Project Management Life Cycle (D)All of the mentioned

Last Answer : (C) Project Management Life Cycle

Following are the phases of Project Management Life Cycle. Arrange (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4

Description : Following are the phases of Project Management Life Cycle.  Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery  (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Last Answer : (D) 4-3-2-1

The project life cycle consists of (A)Understanding the scope of the project (B)Objectives of the project (C)Formulation and planning various activities (D)All of the above

Description : The project life cycle consists of (A)Understanding the scope of the project (B)Objectives of the project (C)Formulation and planning various activities (D)All of the above

Last Answer : (D)All of the above

Risk Event Graph is having following on X axis A.Gantt Chart B.Work Break Down Structure C.Project Life Cycle D.Splitting

Description : Risk Event Graph is having following on X axis  A.Gantt Chart  B.Work Break Down Structure  C.Project Life Cycle  D.Splitting

Last Answer : C.Project Life Cycle

Which stage of project management life cycle requires the maximum time of completion A.Conceptualization B.Planning C.Execution D.Estimation

Description : Which stage of project management life cycle requires the maximum time of  completion  A.Conceptualization  B.Planning  C.Execution  D.Estimation

Last Answer : C.Execution

Which one of the following is captured in the Work Breakdown Structure (WBS)? A.The life cycle phases B.The logical order of tasks C.The scope of the project D. Project costs

Description : Which one of the following is captured in the Work Breakdown Structure (WBS)?  A.The life cycle phases  B.The logical order of tasks  C.The scope of the project  D. Project costs

Last Answer : C.The scope of the project

Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.

Description : Project management is the second major component of the planning phase of the  systems development life cycle (SDLC), and it includes three steps: creating the work  plan, staffing the project, and controlling and directing the project.

Last Answer : Ans: True

Which one of the following best describes project management? a. Using APM’s Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has ud. Application of processes and methods throughout the project life cycle.ndertaken similar projects. c. Utilising team members who can work on a project full time.

Description : Which one of the following best describes project management?  a. Using APM's Body of Knowledge 6th edition as a guide to all projects.  b. Employing a project manager who has undertaken ... on a project full time. d. Application of processes and methods throughout the project life cycle.

Last Answer : d. Application of processes and methods throughout the project life cycle.

The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Description : The phases of a project life cycle are:  a. starting, planning, control and closing.  b. concept, definition, development, handover and closure.  c. initiation, definition, planning, monitoring and operations.  d. concept, definition, implementation and operations.

Last Answer : b. concept, definition, development, handover and closure.

The accuracy of an estimate should: a. decrease as a project progresses through its life cycle. b. increase as a project progresses through its life cycle. c. stay constant throughout the project life cycle. d. vary independently of where the project is in its life cycle.

Description : The accuracy of an estimate should:  a. decrease as a project progresses through its life cycle.  b. increase as a project progresses through its life cycle.  c. stay constant throughout the project life cycle.  d. vary independently of where the project is in its life cycle.

Last Answer : b. increase as a project progresses through its life cycle.

One of the reasons a project life cycle is split into phases is to: a. facilitate formal go/no-go decision making during the project. b. balance the costs of work in each phase of project development. c. mirror the major deployments of resources throughout the project. d. chunk work into time periods of similar durations.

Description : One of the reasons a project life cycle is split into phases is to:  a. facilitate formal go/no-go decision making during the project.  b. balance the costs of work in each phase ... the major deployments of resources throughout the project.  d. chunk work into time periods of similar durations.

Last Answer : a. facilitate formal go/no-go decision making during the project.

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms.

Description : Which one of the following statements best defines an estimate?  a. An approximation of project time and cost targets, refined throughout the project life  cycle.  b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms.

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life  cycle.

Which one of the following is captured in the Work Breakdown Structure (WBS)? a. The life cycle phases. b. The logical order of tasks. c. The scope of the project. d. Project costs

Description : Which one of the following is captured in the Work Breakdown Structure (WBS)?  a. The life cycle phases.  b. The logical order of tasks.  c. The scope of the project.  d. Project costs

Last Answer : c. The scope of the project.

Which one of the following statements is true?a. The business case is owned by the sponsor and is created during the concept phase of the project life cycle. b. The business case is owned by the project manager and is created during the concept phase of the project life cycle. c. The business case is owned by the sponsor and is created during definition phase of the project life cycle. d. The business case is owned by the project manager and is created during the definition phase of the project life cycle.

Description : Which one of the following statements is true? a. The business case is owned by the sponsor and is created during the concept phase of the  project life cycle.  b. The business case is ... is owned by the project manager and is created during the definition phase of the project life cycle.

Last Answer : a. The business case is owned by the sponsor and is created during the concept phase of the  project life cycle.

Cost controls can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of assembling and predicting costs of a project over its life cycle 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on-going basis.

Description : Cost controls can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities,  uncertainties, and inflation that  could ... of gathering, accumulating, analyzing, reporting, and managing the costs on  an on-going basis.

Last Answer : 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on  an on-going basis.

Cost budgeting can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities, uncertainties, and inflation that could occur during the project 2. The process of assembling and predicting costs of a project over its life cycle 3. The process of establishing budgets, standards, and a monitoring system by which the investment cost of the project can be measured and managed 4. The process of gathering, accumulating, analyzing, reporting, and managing the costs on an on- going basis

Description : Cost budgeting can be best described by which of the following? 1. The process of developing the future trends along with the assessment of probabilities,  uncertainties, and inflation that  could ... of gathering, accumulating, analyzing, reporting, and managing the costs on an on- going basis

Last Answer : 3. The process of establishing budgets, standards, and a monitoring system by which the  investment cost of the project can be measured and managed

The time necessary to complete a project is referred to as: 1. Implementation time 2. Life cycle 3. Operations cycle 4. Production cycle

Description : The time necessary to complete a project is referred to as: 1. Implementation time  2. Life cycle  3. Operations cycle  4. Production cycle

Last Answer : 2. Life cycle

The cost impact of a risk event occurring as a project proceeds through its life cycle tends to A. Slowly rise B. Slowly drop C. Drop sharply and then level out D. Rise sharply and then level out

Description : The cost impact of a risk event occurring as a project proceeds through its life cycle tends to A. Slowly rise B. Slowly drop C. Drop sharply and then level out D. Rise sharply and then level out

Last Answer : A. Slowly rise

Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Description : Considers the total cost of ownership, or development plus support costs, for a project. A. Learning Curve Theory B. Life Cycle Costing C. Parametric Modeling D. Rate of Performance

Last Answer : B. Life Cycle Costing

The project life cycle consists of A. Understanding the scope of the project B. Objectives of the project C. Formulation and planning various activities D. All of the above

Description : The project life cycle consists of A. Understanding the scope of the project B. Objectives of the project C. Formulation and planning various activities D. All of the above

Last Answer : D. All of the above

A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Description : A ____ is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A) Project (B) Process (C) Project management (D) Project cycle

Last Answer : (A) Project

Project cycle is a collection of generally sequential project phases whose description and order of occurrence are determined by the control needs of the organisation or organisations involved in the project. (True/False)

Description : Project cycle is a collection of generally sequential project phases whose description and  order of occurrence are determined by the control needs of the organisation or  organisations involved in the project. (True/False)

Last Answer : Ans. True

A is a set of activities which are networked in an order and aimed towards achieving the goals of a project. (A)Project (B)Process (C)Project management (D)Project cycle

Description : A is a set of activities which are networked in an order and  aimed towards achieving the goals of a project. (A)Project (B)Process (C)Project management (D)Project cycle

Last Answer : (A)Project

Which from the following represents the correct project cycle? (A) Planning→Initiating→Executing→Closing (B) Planning→Executing→Initiating→Closing (C) Initiating→Planning→Executing→Closing (D) Initiating→Executing→Planning→Closing

Description : Which from the following represents the correct project cycle? (A) Planning→Initiating→Executing→Closing (B) Planning→Executing→Initiating→Closing (C) Initiating→Planning→Executing→Closing (D) Initiating→Executing→Planning→Closing

Last Answer : (C) Initiating→Planning→Executing→Closing

A is a set of activities which are networked in an order and aimed towards achieving the goals of a project. A. Project B. Process C. Project management D. Project cycle

Description : A is a set of activities which are networked in an order and aimed towards achieving the goals of a project. A. Project B. Process C. Project management D. Project cycle

Last Answer : A. Project

Explain The Popular Software Development Life Cycle Models?

Description : Explain The Popular Software Development Life Cycle Models?

Last Answer : Waterfall model: This is the oldest model. It represents sequence of stages; output of one stage becomes input of others. Spiral Model: This is improved version of waterfall model. Here we ... the product is divided into sections and each section of the product are created and tested separately.

A simple way of looking at the spiral life-cycle model is as a waterfall model with each phase proceeded by a) Build-and-fix b) Freezingc) Synchronization d) Testing e) Risk analysis

Description : A simple way of looking at the spiral life-cycle model is as a waterfall model with each phase proceeded by a) Build-and-fix b) Freezing c) Synchronization d) Testing e) Risk analysis

Last Answer : e) Risk analysis

The life cycle can be said to consist of a series of phases. The classical model is referred to as the waterfall model. Which phase may be defined as “The concept is explored and refined, and the client’s requirements are elicited?” (a) Requirements (b) Specification (c) Design d) Implementation

Description : The life cycle can be said to consist of a series of phases. The  classical model is referred to as the waterfall model. Which phase  may be defined as The concept is explored and refined, ... client's requirements are elicited? (a) Requirements (b) Specification (c) Design d) Implementation

Last Answer : (a) Requirements

)Life Cycle Costing is a term that is: 1. used when making decisions between alternatives 2. employed principally by the government3. typically used in the construction industry 4. not used within the government 5. A and B

Description : )Life Cycle Costing is a term that is:  1. used when making decisions between alternatives  2. employed principally by the government 3. typically used in the construction industry  4. not used within the government  5. A and B

Last Answer : 5. A and B

Which of the following establishes key dates throughout thb. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedulee life of a project that must be met for the project to finish on time? Select one: a. Critical path

Description : Which of the following establishes key dates throughout the life of a project that  must be met for the project to finish on time? Select one: a. Critical path b. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedule

Last Answer : e. Milestone schedule

Fill in the blank. Risk represents the likelihood that an event will happen during the life of the project that will negatively affect the ________________ of project goals. Select one: a. scope creep b. achievement c. float d. rough order of magnitude e. slack

Description : Fill in the blank. Risk represents the likelihood that an event will happen during  the life of the project that will negatively affect the ________________ of project goals. Select one: a. scope creep b. achievement c. float d. rough order of magnitude e. slack

Last Answer : b. achievement

The payback period is the period A. a project takes to pay back the loan taken to purchase the capital assets B. equal to the useful life of the machines C. a project takes to recover its initial cash outflow D. over which the project will be getting operating cash inflows

Description : The payback period is the period  A. a project takes to pay back the loan taken to purchase the capital assets  B. equal to the useful life of the machines  C. a project takes to recover its initial cash outflow  D. over which the project will be getting operating cash inflows

Last Answer : C. a project takes to recover its initial cash outflow