The Project Lifecycle: A Basic 4-stage Lifecycle model

The video explains the project life cycle by comparing it to the human life cycle. It outlines four stages: definition, planning, delivery, and closure. Each stage is described with various terms used in different industries and regions. The definition stage focuses on defining the project, the planning stage on designing and mobilizing resources, the delivery stage on executing the project, and the closure stage on finalizing and reviewing the project.

What is the main similarity between the early stages of human life and projects?

• Both start with a lot of activity.

• Both have a significant impact from early influences.

• Both are fully developed from the beginning.

• Both require immediate results.

Which stage of the project life cycle involves defining what the project is and is not?

• Closure

• Definition

• Execution

• Planning

During the planning phase of a project, what is the primary focus?

• Closing the project

• Reflecting on achievements

• Executing tasks

• Designing and planning for the future

What is a common term for the second stage of a project in architecture and technology industries?

• Initiation

• Closure

• Design

• Execution

In the execution phase of a project, what is the main activity?

• Executing and producing deliverables

• Reflecting on past achievements

• Defining project scope

• Planning future tasks

What is the final stage of a project life cycle often referred to as?

• Execution

• Closure

• Initiation

• Planning

What marks the end of the delivery stage in a project?

• Final handover of deliverables

• Resource mobilization

• Initial planning

• Project initiation