Project life cycles
A) always include the preparation of a written request for proposal.
B) follow a rigid process that includes development of a project charter and RFP.
C) sometimes move from initiating to planning and performing phases without a formal request for proposal.
D) may include the funds available for completing the project during each phase.

Question

Quizplus · Accepted Answer

While some project life cycles may include the preparation of a written request for proposal (A), not all do. Likewise, while project life cycles generally follow a structured process, it is not always rigidly defined to include development of a project charter and RFP (B). However, it is common for project life cycles to consider the funds available during each phase (D).

Project Life Cycles