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The project lifetime cycle refers back to the 5 phases all projects need to development by way of, from get started to complete. The five phases of a project lifecycle serve as the most simple outline that gives a project definition. These five phases are initiation, setting up, execution, monitoring and closure.

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Moreover the categories of projects stated previously mentioned, projects can be categorised because of the project management methodology that’s accustomed to prepare, routine and execute them.

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