Understanding Project Life Cycles

After the project life cycle is defined, the project budget and technical aspects must be managed together. And this is important. Can you imagine delivering a project within cost and schedule but that the project does not meet its technical specifications? I think not a project life cycle must be efficiently managed if the project is to be successful.

An iteration is defined as a distinct sequence of activities with an established plan and evaluation criteria resulting in an executable release. If we examine the set of illustrations describing the waterfall approach, we can see that an iterative approach does have advantages over a straightforward waterfall approach. This analogy should help reveal other ways to manage projects.

On many projects, where dates have been preset either by sales executives or senior corporate stakeholders, project managers often do not have the luxury of changing the fixed end date. Hence, how do you meet a fixed end date? Would a System Development Life Cycle (SDLC) or a Rapid Application Development (RAD) approach work better for you (i.e., incremental versus an iterative approach)?

Delegates attending my project presentations often ask: "How do I make my view of the world work, when working with new technology projects?" "What methodology do I follow?" I always respond by stating that you have control over only the inputs you receive, and you define your projects based on those constraints. It's not up to you to start reorganizing the organization just for your project. First, see what's within your boundaries. Then act from there.

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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