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.

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