The generic life cycle structure generally displays the following characteristics: • C ost and…

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The generic life cycle structure generally displays the following characteristics: •     C ost and staffing levels are low at the start, peak as the work is carried out, and drop rapidly as the

project draws to a close. Figure 2-8 illustrates this typical pattern. he typical cost and staffing curve above may not apply to all projects. A project may require significant • Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

T expenditures

to secure needed resources early in its life cycle, for instance, or be fully staffed from a point very early in its life cycle. •     R isk and uncertainty (as illustrated in Figure 2-9) are

greatest at the start of the project. These factors decrease over the life of the project as decisions are reached and as deliverables are accepted. • Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

T he ability to influence the final

characteristics of the project’s product, without significantly impacting cost, is highest at the start of the project and decreases as the project progresses towards completion. Figure 2-9

illustrates the idea that the cost of making changes and correcting errors typically increases substantially as the project approaches completion. While these characteristics remain present to

some extent in almost all project life cycles, they are not always present to the same degree. Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

Adaptive life cycles, in particular, are developed with the intent of keeping stakeholder influences

higher and the costs of changes lower throughout the life cycle than in predictive life cycles.

High

Risk and uncertainty

Degree Cost of changes Low Project Time

Figure 2-9. Impact of Variable Based on Project Time Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted

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