Q1) The following are the four stages of a project life cycle in Sequetial order through which a pronect passes:
1) Conceptualization or Initiation
2) Planning
3) Execution
4) Termination or Closure
Q2) The conceptualization phase typically involves :
a) Creation of SOW i.e (The statement Of Work)
b) Presentation of the business case
c) Creation of the Business Contract.
Q3) The termination phase can said to be typical involving :
1) The procedure for winding up or disbandment of the project team
2) Tools, equipments as well as the human personnel are allotted to new areas or reassigned to new responsibilities and duties.
3) The financial and material resources such as money and machinery being used are allotted back to the parent business organization.
4) Since the project is completed it is now transferred to its intended users.
Q4) The Waterfall life cycle model.
For your explanation:
It is the model having the well defined linear stages, viz-a-viz:
System analysis
System design.
System construction or implementation
Testing
Support and maintenance
And this model is used when requirements are defined and do not have the scope to vary. The model is used to control risks and restrict the changes.
Q5) Flat organisational structure
The structure which at has only two or three layers of authority and decision making is very easy.
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