Methodologies and Life Cycles

A methodology is a set of standards and procedures to follow for a given process. Life cycles define the various components of a project’s or product’s life and are comprised of initiation, execution and closing components. You need to utilize both methodologies and life cycles to be a truly successful project manager.

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"Too bad all the people who know how to run the country are busy driving taxi cabs and cutting hair."

- George Burns

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