The Correct Sequence of the Four Major Phases in Projects

question 108

True/False

The correct sequence of the four major phases in projects life cycle is; organization, planning, execution and closeout.

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Definitions:

Market Synergy

The enhanced value or performance achieved when two or more companies or product lines complement and strengthen each other in the marketplace.

Grocery Store

A retail store that primarily sells food, both fresh and packaged, along with household items and other consumables.

Business Ecosystem

A network of interlinked companies, including suppliers, distributors, customers, competitors, government agencies, and so on, which produces and delivers a particular product or service through competition and cooperation.

Cooperation

The process of working together towards common goals or interests, often resulting in mutual benefits.