8. What is a project phase? A collection of logically related project activities that culminate in the completion of one or more deliverables A singular activity that completes a deliverable Consists of work that has very similar parts A consistent period of time that is used throughout a project 9. Projects or programs in a portfolio must be directly related.
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The project manager and project team have one shared goal: to carry out the work of the project for the purpose of meeting the project’s objectives. Every project has a beginning, a middle period during which activities move the project toward completion, and an ending (either successful or unsuccessful). A standard project typically has the following four major phases (each with its own agenda of tasks and issues): initiation, planning, implementation, and closure. Taken together, these phases represent the path a project takes from the beginning to its end and are generally referred to as the project “life cycle.”
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