Microsoft PowerPoint - CAPM Exam Prep Part 1.pptx

CAPM ® Exam Prep Part 1

Project Life Cycle (Page 48)

* See CAPM ® Exam Prep Page 48 Figure 3.3 & 3.4

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Project Phases

Project phase: Part of project life cycle • Results in a major project deliverable • Projects are divided into phases to make

Deliverable: Measurable, verifiable end product or components of end

products, such as: • Feasibility report • Detailed design document • Prototype

project planning, management & control easier

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Phase-End: Review Characteristics

Phase closure authorization does not automatically authorize the next phase (e.g., too much risk can cause a decision not to initiate the next phase)

Phase 3

Phase 2

Phase 1

Phase gates or kill points

Phase gates or kill points

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