Project lifecycle

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KaurP
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Project lifecycle

Postby KaurP Sun Aug 26, 2018 9:25 am

Hi Manish,

Which of these statement correctly links project and product life cycles?

A. A product life cycle is generally contained within a project life cycle.
B. A project life cycle is generally contained within a product life cycle.
C. A product life cycle is the same as a project life cycle.
D. The last life cycle for a project is generally the product’s retirement.

Option B has been marked 'correct'

Shouldn't it be option 'A'?

Thanks!
manishpn
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Re: Project lifecycle

Postby manishpn Mon Aug 27, 2018 7:17 pm

KaurP wrote:Hi Manish,

Which of these statement correctly links project and product life cycles?

A. A product life cycle is generally contained within a project life cycle.
B. A project life cycle is generally contained within a product life cycle.
C. A product life cycle is the same as a project life cycle.
D. The last life cycle for a project is generally the product’s retirement.

Option B has been marked 'correct'

Shouldn't it be option 'A'?

Thanks!



think logically why should it be option A?
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/
KaurP
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Re: Project lifecycle

Postby KaurP Thu Aug 30, 2018 9:41 am

A project life cycle is generally contained within a product life cycle. 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 development life cycle of a project.

These Development lifecycle are different than a product lifecycle

I hope I got this right.
ihuseynli
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Re: Project lifecycle

Postby ihuseynli Thu Aug 30, 2018 11:15 am

Option 'B' is correct. Product lifecycle is not ended after product is ready. For example, your company plans to offer a new product to market. it can be devided for several stages (projects)

Project 1: Preparation of this product and releasing. This project is finished when product is ready
Project 2: Sales and support
Project 3: after many years this product can be less demanded in market and you can replace it smoothly with new one

Think as you are software development company and client asks you to create CRM soft. Your project is ended when CRM software is ready and delivered to client. But software itself as a product is beginning it's new life. It can be sold, used, supported. This are stages of its lifecycle!
Br,
Ismayil Huseynli, ITIL®, OCE®, OCA®
Baku, Azerbaijan
www.linkedin.com/in/ismayilhuseynli
manishpn
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Re: Project lifecycle

Postby manishpn Thu Aug 30, 2018 4:13 pm

yes correct, option B is the choice.

lets take an example of building an hi tec fighter Jet, to build that product you may need multiple different project.

Option A is a very rare sceanario
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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