In Which Stage of the Project Life Cycle Is the Product

question 16

Multiple Choice

In which stage of the project life cycle is the product of the project delivered to the customer and resources are released from the project?

• A) Identifying
• B) Defining
• C) Planning
• D) Executing
• E) Closing

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Definitions:

Forecasting Data

The use of historical data and analysis to make informed predictions about future trends, sales, demands, or other metrics.

Scenario Analysis

A method of evaluating potential future occurrences through the exploration of different potential outcomes or situations.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

"If...Then..."

A logical statement or conditional expression indicating that if one thing happens, then another will follow.