๐ Project Vocabulary: Project Life Cycle ๐ฑ
Definition: The series of phases that a project passes through from its start to its completion. Typical phases include initiation, planning, execution, and closure.
Example: In a construction project, the life cycle would include phases like feasibility study (initiation), design and planning, construction (execution), and handover and closeout.
The project life cycle is like the seasons of a tree, from the budding of spring to the harvest of fall and the rest of winter. ๐ณ๐
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