The Project Life Cycle: Definition

Case Solution

Jaume Ribera
IESE ()

One of the ways to examine how projects are managed is to review the various stages throughout the project life cycle. In this note we examine one of the first phases, the definition of the project. An adequate definition of the project is necessary to reach a mutual agreement between all the parties involved on the basic characteristics of the project. It includes the project objectives, scope, stakeholders, risks, assumptions, success criteria, etc.

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