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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"There is a theory which states that if ever anybody discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable. There is another theory which states that this has already happened."

- Douglas Adams

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