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List and Briefly Describe the Phases in the Project Life

question 121

Essay

List and briefly describe the phases in the project life cycle.


Definitions:

Outsourcing

The practice of hiring third-party vendors to perform services or produce goods traditionally performed in-house, usually to cut costs.

Metric

A quantitative measure used to assess performance, progress, or quality of a product, process, or service.

Measure

The process of quantitatively assessing performance, characteristics, or quality of products, services, or processes, typically by using specific tools and metrics.

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