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1. What is the primary benefit of managing a project by breaking it into project phases?
Phases provide structure and focus to project activities.
Phases make it easier for finance to budget a project.
Phases ensure management is able to make decisions about the project at key milestones.
2. What is the implication for the project if it receives a “Conditional Go” at a phase gate meeting?
The next phase can be started, but there are additional activities that must be completed before the preceding phase is closed.
The project is put on hold until certain business conditions are met and then the project can restart and go to the next phase.
The next phase can be started, but the team must stop at the end of that phase and get permission to go any further.
3. How is a phase managed differently from a project?
A phase is only concerned with the schedule. A project manages scope, schedule, and resources.
A phase is a subset of a project that is conducted within just one function. Within that function it is managed like a project, but it does not include any cross-functional activities.
A phase is a mini-project within a larger project. There is no difference in how it is managed. It can be planned and controlled just like a normal project.
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