Explain purpose of each part of life cycle of project

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1. Use characteristics of the project to distinguish it from operations work.

2. Explain the life cycle of project and describe the purpose of each part of the cycle.

3. Draw the distinction between project and program. Why is the distinction important?

4. Why are R&D projects in company's Aggregate Project Plan significantly different in kind from the firm's Derivative, Breakthrough and Platform projects?

5. How does weighted scoring approach avoid drawbacks of NPV approach? Can the two approached be combined? If so, how?

Reference no: EM1397263

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