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TRADE-OFF STUDIES, RECOMMENDATIONS, AND ACCEPTANCE BY, THE PMO

TRADE-OFF STUDIES, RECOMMENDATIONS, AND ACCEPTANCE BY, THE PMO

FIGURE 14-16. Department of Defense life-cycle phases.

Figure 14-16 shows the various life-cycle phases for Department of Defense projects. At the end of the demonstration and validation phase (which is the completion of R&D) 85 percent of the decisions affecting the total life-cycle cost will have been made, and the cost reduction opportunity is limited to a maximum of 22 percent (excluding the effects of learning curve experiences). Figure 14-17 shows that, at the end of the R&D phase, 95 percent of the cumulative

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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