Which of the following statements regarding project life cycles is most accurate?
A) All research and development organizations rely upon a four-stage project life cycle that includes initiating, planning, executing and closing.
B) The project life cycle is the same regardless of the type of projects managed by an organization.
C) The control needs of an organization determine the name and number of phases in the project life cycle that it adopts.
D) All project life cycles are the same across every industry

Question

Quizplus · Accepted Answer

The control needs of an organization, as well as considerations such as project complexity and risk, will determine the name and number of phases in its project life cycle. Different industries and types of projects may have different life cycles, and there is not a fixed four-stage life cycle that all organizations follow.

Which of the Following Statements Regarding Project Life Cycles Is