Chapter 9

Project Life Cycles, Discovery/Concept Preparation Phase, and Initiating Phase Activities

This chapter covers the following topics:

  • The Project Life Cycle: Understand the purpose of the Discovery, Initiating, Planning, Executing, and Closing phases for a project or phase.

  • Discovery Phase Activities: Conceptualize the project, define the business case, define the current vs. future state, and estimate the return on investment; understand the importance of prequalified vendors, predetermined clients, preexisting contracts, capital expenses (CapEx), and operational expenses (OpEx).

  • Initiating Phase Activities: Define the project’s objectives, success criteria, preliminary scope and requirements, high-level risks and assumptions, summary ...

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