Project Management

Question 1

What is the initiation phase?

Answer 1

Project need identified
Probability discussed
Justification discussed

Question 2

What is the planning phase

Answer 2

Work to be done identified
Plan is made
Cost determined
Risk management done

Question 3

What is the execution phase?

Answer 3

Work is performed
Progress is monitored

Question 4

What is the close phase

Answer 4

Deliverables released
Documentation handed
Studies conducted based of results