Industry project life cycle

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Industry Project Life Cycles Generic Project Management Life Cycle

The four sequential time periods of a project are:

Concept

Definition

Execution (implementation or development)

Finishing (commissioning or close out).

Each period may be identified as a Phase and further broken down into stages that typically reflect the area of project management application and the size & complexity of the specific project. These stages are known as:

Initiation,

Planning,

Execution,

Controlling, &

Closing.

Industry Project Life Cycles

Software Development Project Life Cycle

A number of system development life cycle (SDLC) models have been created: waterfall, fountain, spiral, build and fix, rapid application development (RAD), joint application development (JAD), incremental, and synchronize and stabilize.

The oldest of these, and the best known, is the waterfall: a sequence of stages in which the output of each stage becomes the input for the next. These stages can be characterized and divided up in different ways, including the following:

Project planning, feasibility study: Establishes a high-level view of the intended project and determines