What is Project Management LifeCycle?
Understand the Predictive, Iterative, Incremental, and Adaptive nature of Project Management Lifecycle by relating it to daily life.
2. 1- Predictive Life Cycle
It is like cooking & serving a?
combo meal on the table. The
product is usually delivered in
one go.
3. 2- Iterative
Life Cycle
It is like cooking a new recipe and tasting it at each
stage of preparation before it¡¯s ready to serve. The
product is refined continuously based on customer
feedback and is delivered as a complete product.
4. 3- Incremental
Life Cycle
It is like cooking a three course meal. The dish is served
on the table in a sequence like a starter & soup followed
up by the main course & desserts. The product is delivered
in consumable form and can¡¯t be changed on customer
demand.
5. 4- Agile or Adaptive
It is like serving a scoop of ice-cream that
can be customized as per customer's
demand such as adding chocolate syrup,
nuts, fruits, etc.? It¡¯s a mix of Iterative &
Incremental where the product is delivered
in consumable form and can be changed on
customer demand.