3/13/2017 ProjectLifeCyclevs.

ProductLifeCycleTheCompleteIdiot'sGuidetoProjectManagement,5thEdition

The Complete Idiot's Guide to Project Management, 5th Edition

PREV NEXT

Project Phases and the Project Life Cycle A Case Study: Pinnacle Equipment

Project Life Cycle vs. Product Life Cycle

Asyoucanseefromthefollowingtwodiagrams,adistinctdifference
existsbetweenaprojectlifecycleandaproductlifecycle.Inaproduct
lifecycle,thereisanaturalprogressionfromtheintroductionofanew
productasitgoesthroughgrowthandmaturityandintodecline.Ina
projectlifecycle,youcanseethemajorityofthemoneyandtimeisspent
duringtheexecutionphaseoftheproject.Asyougothroughthese
chapters,youwillseewhythatisthecase.

Theclassicmodelofaproductlifecycle.

Therearefourphasesintheproject,andittakestimeandmoneyto
accomplisheachphase.

PREV
NEXT

Recommended
Project Phases/ Queue / History
and the Project/Life
Topics / Tutorials / Settings / Blog / Get the App / Sign Out
Cycle A Case Study: Pinnacle Equipment
2017 Safari. Terms of Service / Privacy Policy

Enjoy Safari? Subscribe Today

https://www.safaribooksonline.com/library/view/thecompleteidiots/9781615640874/h1_id_31.xhtml#h1_id_31 1/2
3/13/2017 ProjectLifeCyclevs.ProductLifeCycleTheCompleteIdiot'sGuidetoProjectManagement,5thEdition

https://www.safaribooksonline.com/library/view/thecompleteidiots/9781615640874/h1_id_31.xhtml#h1_id_31 2/2