1st CBT video Explain the Project+ Certification and Basic Concepts

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Last updated 4:26 PM on 6/12/26
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5 Terms

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Project

A temporary endeavor undertaken to create a unique product, service, or result.

The temporary nature of projects indicates a beginning and an end.

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Project Life Cycle Phases

The series of phases that a project goes through from its start through to its finish

1. Discovery/Concept Preparation

2. Project Initiation

3. Project Planning

4. Project Execution

5. Closing

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Product Lifecycle

The entire evolution of a product form concept through retirement.

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Program

Related projects managed in a coordinated manner

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Portfolio

Projects and programs managed in a coordinated way to achieve the organization's strategic objectives.