9.3 Understanding Project Lifecycle Phases

What is the primary purpose of the Initiation phase in a project lifecycle?

• To develop a detailed roadmap for the project

• To define the project's purpose, feasibility, and scope

• To implement the project according to the plan

• To assess the project's success and document lessons learned

Which document is typically produced at the end of the Initiation phase?

• Project Plan

• Final Project Report

• Project Charter or Business Case

• Risk Mitigation Strategy

During which phase are resources such as budget, personnel, and technology allocated?

• Initiation

• Planning

• Execution

• Evaluation

What is a key activity in the Execution phase of a project?

• Conduct feasibility studies

• Develop a project schedule

• Assign tasks and manage workflows

• Document insights for future projects

Which phase involves comparing actual results with planned objectives?

• Initiation

• Planning

• Execution

• Evaluation

What is the outcome of the Planning phase?

• A Project Charter

• A Project Plan

• Deliverables

• A Final Project Report

In which phase are risks identified and mitigation strategies created?

• Initiation

• Planning

• Execution

• Evaluation

What is the main purpose of the Evaluation phase?

• To define the project's purpose

• To develop a detailed roadmap

• To implement the project

• To assess the project's success and document lessons learned

Which of the following is a key activity during the Initiation phase?

• Develop a project schedule

• Conduct post-project analysis

• Identify business needs or opportunities

• Monitor progress against the project schedule

What is the outcome of the Execution phase?

• A Project Charter

• A Project Plan

• Deliverables are produced

• A Final Project Report