15 May WHAT IS THE DIFFERENCE BETWEEN PROJECT LIFE CYCLE AND PRODUCT LIFE CYCLE?
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Based on your experience and assigned readings for the week, provide 3 reasons why project management is important today.
How different is it today from the past?
Be sure to share examples to support your answer.
Pick 1 of the following concepts, define it, and provide an example that models it:
Project
Program
Portfolio
Project management
Project life cycle
Project stakeholders
Responses to Other Students: Respond to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:
What is the difference between a project and a program?
What are the differences between a project, program, and portfolio?
What is the difference between project life cycle and product life cycle?
How many phases are there in a project life cycle? Outline them, and then describe each.
Who are project stakeholders? What role do can they play in a project? Why is it important to account for them and to manage their expectations?
For assistance with your assignment, please use your text, Web resources, and all course materials.
Other Information
Instructions:
CTU Model Answer:
The students should define these concepts based on the definitions in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition and the Larson textbook. The students should provide examples to support their answers. This is a two-part question; the students should answer both parts to earn full credit.
Instructor’s Comments:
Correctly APA formatted References, and correctly APA formatted Citations in your text to those references, are required.
The two parts of this Discussion Board (DB) question are as follows:
Part 1: Primary Task Response consists of:
Paragraph 1 (200-300 words) discussing:
Based on your experience and assigned readings for the week, provide 3 reasons why project management is important today.
How different is it today from the past?
Be sure to share examples to support your answer.
Paragraph 2 (200-300 words) discussing:
Project
Program
Portfolio
Project management
Project life cycle
Project stakeholders
Part 2: Responses to Other Students consists of:
Your responses to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:
What is the difference between a project and a program?
What are the differences between a project, program, and portfolio?
What is the difference between project life cycle and product life cycle?
How many phases are there in a project life cycle? Outline them, and then describe each.
Who are project stakeholders? What role do can they play in a project? Why is it important to account for them and to manage their expectations?
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