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3 Categories to project life cycles
Predictive Cycle / Fully Plan Driven Approach / Waterfall
Iterative and Incremental Life Cycle
Adaptive LIfe Cycles / Agile Methods / Change driven methods
Chances of project success are lowest during:
Initiating Phase
Changes of project success are highest during:
Closing phase
Chances of risks occurring are higher during:
Initiating, Planning processes
Risk occurrence is reduced as the project progresses
The impact of risk is greater during:
the later processes of the project (Executing, Monitoring/Controlling, Closing)
Stakeholders have the greatest influence during:
Initiating, Planning processes and less and less as the project progresses.
The process of going back through the process groups:
an iterative process
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