'Illustrate Typical Phases of a Project Lifecycle Essay\r'

'Here is an example diagram of a pop out life cycle.\r\nThe plan starts with the initiation, this is where you need to desexualize what your start is so you have a view specification of what you want to achieve at the end. The abutting leg is planning, when planning it is important to make a clear and simple put through plan. With this it completelyow be easier for you to not only follow the plan, but to a fault to check back at you plan and figure what you unruffled need to do. Financial plans are be gradients vital to achieve your goals, Clear ciphers and forecasts should be make to allow you to be ready for your costs. A action plan would in addition be useful so you are ready in typesetters case whatsoever unforeseen costs should arise The next stage is purport execution.\r\nThis stage is obvious, you build your project and accomplish it. The final stage is project clo sure as shooting, this is where you evaluate the project and review what you could change, a fter a magical spell of examination your project you can write a all-inclusive review of what you need to change and fix with your project. It is withal important to communicate throughout the project. If you are running(a) as part of a large police squad communication is requisite to achieving your goals. little leadership and wish of direction is main reason why a project can fail, this is linked with planning in that if the team members don’t know whats liberation on they can’t work.\r\nKey reasons why a project can fail:\r\nThe low gear reason is poor planning. Big projects can be very complicated, if your team are not sure what they are supposed to be doing there will be sections missing, there may even be people running(a) on the exact identical thing. Also, as shown by the second example bellow, not accounting for all factors when planning can resultant role in failure. Financial planning is also essential for a leader to correctly budget the projec t and allocate each section a adapted spending limit.\r\nWithout a good financial budget that allows for unexpected costs and problems, the risks are significantly increase since you may not be able to care your costs and thus run out of cash. leave out of communication can also result in failure, ane good example of this was NASA loosing their mars rover, were one team was working in metric, and the other was working in imperial units. If you don’t anesthetize your product in time, it is possible that it will be out of date by the time that it is released. This is passing important in the technology business, take a look at example 3 bellow. You mustiness also ensure that the product you are relinquish is fit for the times.\r\nHere are some examples of failed projects from a range of backgrounds.\r\n1: Apple Power macintosh G4 Cube\r\nThis is an example of how Tech giants can still fail. In 2000 Apple released the G4 Cube and sales were slow.\r\nThe reasons for thi s were:\r\n full(prenominal) price tag\r\nFlawed use\r\nPoor grapheme\r\nSince apple had the reputation of premium quality products for a premium price, when they released the agreement and the plastic case cracked and had mold lines consumers were not happy. There were also several things overlooked in the design, such as the fact that you had to tip the machine on the side to connect wires and the hidden power button. These two flaws have with the extortionate price tag resulted in a failed product for Apple. This example goes to show that even large companies projects can fail. Apple did all the planning responsibility and had plenty of financial backing to push the project forward, they solely messed up the product it’s self.\r\n2: Soviet missile early warning dodge\r\nIn ’83 the soviet’s had a early warning system which would warn them should the States launch an attack on Russia. However the system had triggered that 5 ICBM’s had been launch ed by America, when in reality the system had been triggered by sunlight reflecting of clouds. fortunately the operator did not believe the warning and did not respond.\r\n3: Nokia\r\nRather than updating their phones to smart phones, Nokia stuck with just regular phones which were in very low demand. Nokia were not with the times and released outdated products which led to a bulky fall in market share and received prices\r\nRelation to my project\r\nThese examples and points relate to my project and any project. I have learnt from my research of project failures, I can bare these failures in mind while I am working on my project. So, from the powermac g4 pulley block example I will ensure that the design meets the standards that are required as well as the quality of the final product. From the Early warning example I will carefully consider all of the factors that i can see which would affect my project. last from the Nokia example I will ensure that the project meets the te chnology standards of the time.\r\n'