3-Project Life Cycle

Question 1

Phase gate is held at …

Answer 1

the end of a phase which provides an opportunity
to assess the project performance and take necessary corrective or
preventive actions in subsequent phases

Question 2

The project’s performance and progress are compared to project and business documents like …

Answer 2

Project business case , Project charter , Project management plan , and Benefits management plan

Question 3

*Phase Gate helps in making GO / NO-GO decision i.e….

Answer 3

Continue to the next phase, Continue to the next phase with modification, End the project, Remain in the phase, or Repeat the phase or elements of it

Question 4

3 types of Project Phase

Answer 4

The phases may be sequential, iterative, or overlapping.

Question 5

2 types of Project Life Cycle

Answer 5

Project life cycles can be predictive or adaptive

Question 6

Development life cycle

Answer 6

Within a project life cycle, there are generally one or more phases that are associated with the development of the product, service, or result. These are called a developmentlife cycle.

Question 7

5 types of Development life cycle

Answer 7

Development life cycles can be predictive, iterative, incremental, adaptive, or a hybrid model.

Question 8

Project Development Life Cycles - Waterfall (predictive)

Answer 8

Its traditional method that is managed with a defined
plan

Question 9

Project Development Life Cycles - Iterative

Answer 9

Iterative life cycles improve the product or result through successive prototypes or proofs of concept

Question 10

Project Development Life Cycles - Incremental

Answer 10

It is used when a product of a project will be developed through a series of repeated cycles, each one incrementally adding to the understanding of the functionality of the product (Many small deliverables are given = This is concidered as “Adaptive”)

Question 11

Project Development Life Cycles - Agile (adaptive)

Answer 11

It is used when high levels of change and ongoing
stakeholder involvement are required

Question 12

Project Development Life Cycles - Hybrid

Answer 12

A combination of predictive, iterative, incremental and or agile

Question 13

Waterfall (predictive) is preferred when …

Answer 13

The project outcomes are well understood and known

Question 14

When Iterative life cycle is preferred?

Answer 14

When projects are complex and project may require
frequent changes

Question 15

When Incremental life cycle is preferred?

Answer 15

When customer cannot afford to wait for everything to be
completed

Question 16

Iterative Life Cycle Primary goal

Answer 16

Perfection of solution.

Question 17

Incremental Life Cycle Primary goal

Answer 17

Quickness of delivery

Question 18

Example of Iterative

Answer 18

Develop a software, provide the module to the customer, receive their feedback, make it more like what customer wants

Question 19

Example of Incremental

Answer 19

Develop ERP module by module: deliver one module completely and do it again for another module

Question 20

Steps of Predictive PLC

Answer 20

Analyze, Design, Build, Test, Deliver

Question 21

Steps of Iterative PLC

Answer 21

Analyze, Design prototype, Build and test (+ recurrent refining), Deliver

Question 22

Steps of Incremental PLC

Answer 22

Repeat following combination as needed: Analyze, Design, Build, Test, Deliver

Question 23

Definition of Agile PLC

Answer 23

Modern approach where team works collaboratively with the customer to determine the project needs.

Question 24

Steps of Agile PLC

Answer 24

Repeatation of these steps as needed: Requirements, Analyze, Design, Build, Test

Question 25

In Agile PLC, what drives the project forward?

Answer 25

The coordination of the customer and the team

Question 26

What approach is being used in Agile PLC? Predictive, Iterative or Incremental?

Answer 26

Uses both iterative and incremental to implement customer feedback and to deliver frequently. This is similar to iterative and incremental life cycles, but at a much more rapid pace.

Question 27

What is Hybrid PLC?

Answer 27

It is a combined approach which combine some elements from both predictive (waterfall) and adaptive ( approaches for a specific need. Project might switch approaches based on need, changing work requirements, or circumstances.

Question 28

How does a Hybrid PLC work?

Answer 28

In the combined approaches, the organizations are still using shorter delivery time frames, iterative product releases, and involving stakeholders regularly, but they tend to do more in depth planning and requirements gathering up front.

Question 29

Predictive/Plan Driven PLC best suits when ...

Answer 29

* Changes are expensive due to scrap and waste. * Predictability and coordinated timing is important. * Requirements are clear

Question 30

Agile PLC best suits when ...

Answer 30

* Changes are relatively easy, and waste is not costly. * Complex environment where end product is not fully known and user feedback is very valuable. * Requirements are dynamic

Question 31

Iterative PLC best suits when ...

Answer 31

Dynamic requirements and activities are repeated until they are deemed correct. Correctness of deliverable is the key.

Question 32

Incremental PLC best suits when ...

Answer 32

* Dynamic requirements, as well as frequent small deliveries. * Speed to deliver small increments is a major goal.

Question 33

Hybrid PLC best suits when ...

Answer 33

* There are some costs to changes. * Stakeholders are interested in another method, but not comfortable to fully adopt one method.

Question 34

Characteristics of Predictive PLC

Answer 34

* Fixed requirements * Activities performed once per project * Single delivery * Goal: Manage cost

Question 35

Characteristics of Iterative PLC

Answer 35

* Dynamic requirements * Activities repeated until correct * Single delivery * Goal: Correct solution

Question 36

Characteristics of Incremental PLC

Answer 36

* Dynamic requirements * Activities performed once per increment * Frequent small deliveries * Goal: Speed

Question 37

Characteristics of Agile PLC

Answer 37

* Dynamic requirements * Combines iterative repetition of activities with incremental deliveries * Goal: Customer value

Question 38

Characteristics of Hybrid PLC

Answer 38

* Includes adaptive and predictive components * Shorter, iterative time frames * High stakeholder involvement * More in depth requirements

Question 39

Types of Adaptive PLC

Answer 39

Agile, Iterative, Incremental