Explore the Four Different Project Life Cycles - GetSmarter Blog (2024)

Career Advice

Dec 14, 2021

Explore the Four Different Project Life Cycles - GetSmarter Blog (1)Read time: 3.7 mins

Depending on the nature of the project and organisation, a project will go through one of four life cycles by the time it’s completed. The predictive, iterative, incremental, and agile life cycles are all effective project management strategies comprising different phases and outcomes based on the objectives and complexity of the scope.

Find out more about the trajectory of project life cycles from Ulrike Rivett, Course Convenor on the Agile Project Management online short course from the University of Cape Town.

Transcript

The life cycle refers to the process that a project goes through from start to finish. There are four main life cycles in project management: predictive, iterative, incremental, and agile.

The predictive life cycle is made up of five phases: initiate, plan, execute, control, and close. The project team moves through these phases in a linear progression, performing each phase once, and only moving on to the next phase once the previous one has been completed. A single product or service is delivered to the client. Most of the planning for this life cycle is done upfront.

The iterative life cycle is also made up of five phases, delivering a single product or service at the end of the cycle. Instead of moving through each phase in a linear progression, however, the phases in an iterative life cycle are performed as many times as necessary, best suited to projects that have an unpredictable scope, and where the central priority is to achieve the best possible solution for the client. Most of the planning will occur throughout the process, as the customer feedback informs the next phase.

In the incremental life cycle, the project team will move through each phase performing it only once and in order, several times in one life cycle, producing a finished product at the end of each set. The feedback on each increment will inform the next. This life cycle is also well-suited to projects with unpredictable scopes, especially those where speed of delivery is the highest priority.

The Agile life cycle is a combination of the iterative and incremental life cycles. The initiation phase will occur once at the start of the project, after which the planning, executing, and control phases will occur in iterations as many times as necessary. After each iteration, a finished product is presented to the customer. The feedback from this product will then inform the next increment. This will continue for as many iterations as necessary until the client is completely satisfied, after which the closing phase will commence.

The Agile life cycle works best for projects where the scope is unpredictable, and where the highest priority is regular feedback and delivery.

It is important to bear in mind that not all projects will fit neatly into the standard life cycle models. Depending on the nature of the project or organization, a combination of life cycles or a hybrid is often an effective strategy.

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Explore the Four Different Project Life Cycles - GetSmarter Blog (2024)

FAQs

What are the 4 project life cycles? ›

The project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure. These phases make up the path that takes your project from the beginning to the end.

What is the phase 4 in project management life cycle? ›

Close projects. In the closing phase of the project management lifecycle, you'll conclude project activities, turn the finished product or service over to its new owners, and assess the things that went well and didn't go so well. It'll also be a time to celebrate your hard work.

What are the 4 basic phases of a project life cycle as taught in this course? ›

A standard project typically has the following four major phases (each with its own agenda of tasks and issues): initiation, planning, implementation, and closure.

What are the 4 life cycles? ›

There are four stages in a product's life cycle—introduction, growth, maturity, and decline. A company often incurs higher marketing costs when introducing a product to the market but experiences higher sales as product adoption grows.

What are the 4 stages of a project? ›

Because there is a lot of power in repeatability. The right processes, systems, and techniques—if repeatable—provide repeatable results. The project management lifecycle consists of four key steps: initiating, planning, executing, and closing.

What are the different types of life cycles? ›

The development stage of the living organism of any species from the beginning to the adult stage is called the life cycle. There are three types of life cycles: Haplontic life cycle, Diplontic life cycle and Haplodiplontic life cycle.

What are the stages of a project cycle? ›

What are the five stages of the project life cycle?
  • Initiating.
  • Planning.
  • Executing.
  • Monitoring/controlling.
  • Closing.
Mar 18, 2022

What is an example of a life cycle? ›

A life cycle is the series of stages of life for an organism, beginning with life and ending with death. An example would be the life cycle of a bird. A bird's life cycle consists of four main stages, which include 1) egg, 2) hatchling, 3) fledgling, and 4) adult.

What are the four types of project management? ›

On a very basic level, project management includes the planning, initiation, execution, monitoring, and closing of a project. Many different types of project management methodologies and techniques exist, including traditional, waterfall, agile, and lean.

What are the four processes of project implementation? ›

Most organizations utilize four phases for the best project management software implementation process: Initiation, Project-Level Installation, Enterprise-Level Installation, and Maintenance. A description of each step follows.

What are the four steps of project planning Quizlet? ›

There are four steps to project planning: step one - project goals; step two - project deliverables; step three - project schedule; and step four - supporting plans.

What are the stages of the 4 stage life cycle? ›

The four-stage life cycle consists of the egg, the larva, the pupa and the adult stages.

What are the four steps in the life cycle? ›

What Are the Project Life Cycle Phases? There are 4 project life cycle phases: initiation, planning, execution, and closure.

What are the types of project life cycles? ›

The 5 Project Life Cycle Phases. The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. Each of these phases is necessary for the effective delivery of the project.

What are the 5 project cycles? ›

There are typically five project life cycle phases: initiation, planning, execution, monitoring and controlling, and closure. Initiation is where you define the goals, scope, budget, and timeline.

What are the 7 project life cycles? ›

The Project Lifecycle consists of seven phases intake, initiation, planning, product selection, execution, monitoring & control, and closure. These phases make up the path that takes your project from start to finish.

What are the four types of project management processes? ›

Many different types of project management methodologies and techniques exist, including traditional, waterfall, agile, and lean. Project management is used across industries and is an important part of the success of construction, engineering, and IT companies.

What is the life cycle of a 4D model project? ›

A typical modernization project could be divided into 4 distinct phases – Define, design, develop, and deliver. This 4D development methodology enables teams in managing and executing modernization projects in a controlled manner.

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