PMP Certification Training - Project Lifecycle

The video tutorial explains the concept of project lifecycle as defined by the PMBOK Guide, detailing the phases a project goes through from start to completion. It highlights the characteristics of project lifecycles, including the flexibility in defining phases and the importance of deliverables. The tutorial categorizes project lifecycles into predictive, iterative, incremental, adaptive, and hybrid types, each with unique features. It also clarifies the distinction between project and product lifecycles, emphasizing that product lifecycles can encompass multiple project lifecycles.

What does the PMBOK Guide define as the series of phases a project goes through from start to completion?

• Project lifecycle

• Product lifecycle

• Project charter

• Project management process groups

Which of the following is NOT a characteristic of project phases?

• They involve a transfer of deliverables

• They can be defined by industry standards

• They are always sequential

• They allow for easier management and control

In which type of project lifecycle is the project scope determined as early as possible?

• Adaptive lifecycle

• Iterative lifecycle

• Incremental lifecycle

• Predictive lifecycle

Which lifecycle is best suited for projects with high levels of change and stakeholder involvement?

• Incremental lifecycle

• Adaptive lifecycle

• Iterative lifecycle

• Predictive lifecycle

Which lifecycle type combines elements of both predictive and adaptive lifecycles?

• Incremental lifecycle

• Iterative lifecycle

• Sequential lifecycle

• Hybrid lifecycle

What happens to cost and staffing levels as a project progresses?

• They remain constant

• They decrease

• They increase and then drop rapidly

• They fluctuate randomly

How does a product lifecycle differ from a project lifecycle?

• A project lifecycle includes multiple product lifecycles

• They are essentially the same

• A product lifecycle includes multiple project lifecycles

• A product lifecycle is shorter than a project lifecycle