CHAPTER 3

Decisions and the Project Management Life Cycle

Success is the objective during project management, and good decision-making is the “yellow brick road” that leads to success. The project management life cycle guides decision-making. Project managers need a structure that helps to logically sequence their decisionmaking activities. Because early decisions impact later decisions, a project management life cycle identifies early activities that might have a bearing on later activities. Mistakes due to poor decision-making during the front end of the project management life cycle can have significant negative effects on the total cost of the product and its success with users and those who fund product development (often called bill payers) ...

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