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Explain the Four Phases of Project Management

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Explain the four phases of project management.


Definitions:

Net Income

The total profit of a company after all expenses have been deducted from revenues, also known as the bottom line.

Investments

Assets purchased with the aim of generating income or appreciating in value over time, such as stocks, bonds, or real estate.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall market capitalization remains the same.

Market Price

The present cost at which a service or asset is available for purchase or sale in the open market.

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