References:Lecture Note
•Project Life Cycle (PLC)
–A collection of logical stages or phases that maps the life of a project from its beginning to its end in order to define, build and deliver the product of the project – i.e., the information system
•Projects are divided into phases to increase manageability and reduce risk
–Phase exits, stage gates, or kill points are decision points at the end of each phase to evaluate performance, correct problems or cancel the project
–Fast tracking is the overlapping of phases to reduce the project’s schedule
•Can be risky!
Generic Project Life Cycle
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