The three phases involved in the management of large projects are:
Show Hint
- Planning, scheduling, evaluating
- Planning, scheduling, controlling
- Scheduling, designing, operating
- Scheduling, operating, evaluating
The Correct Option is B
Solution and Explanation
Step 1: Breakdown of the three phases.
• Planning: This involves setting goals, defining the project, and identifying the required resources, tasks, and team organization.
• Scheduling: This involves the creation of a detailed timeline. It assigns people, money, and supplies to specific activities and relates activities to each other (e.g., using CPM or PERT).
• Controlling: This is the ongoing process of monitoring resources, costs, quality, and budgets. It involves comparing actual progress against the schedule and taking corrective action if necessary.
Step 2: Verification.
Option (2) correctly identifies these three pillars that form the lifecycle of project management.
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