QuestionQ97

Project Life Cycle Phases

A project manager examines spending across the different phases of a project schedule. The schedule is divided into these project phases:

  • Initiation: January to February
  • Planning: March to May
  • Execution: June to October
  • Close: November to December

The following chart shows monthly expenses:

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Given the monthly budget graph:

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Which of the following project phases had the greatest cost?

  • A Planning
  • B Execution
  • C Initiation
  • D Close
Explanation

The Initiation phase has total spending of $560,776.00, calculated from January ($325,026.00) and February ($235,750.00). This exceeds the Execution phase total of $559,052.00 and all other phase totals.

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