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1. Initiation. The first phase of the project management life cycle is initiation. No plan can commence unless you know exactly what end goal you’re trying to achieve.
Most energy economics texts portray the life cycle of a typical oil and gas project as having six distinct stages. These are identified below in Figure 1. It has been observed though, ...
Collective buy-in guarantees minimal impact on project scheduling. For reference, a typical ICS cybersecurity life cycle for existing systems has five phases: vulnerability/gap assessment, risk ...