ABSTRACT

This chapter reviews the standards that will be used as a foundation. Although many organizations strive toward implementing standard processes, this is often not as easy to do as it sounds. The first life cycle, the project life cycle, deals with the standard project management process groups of initiating, planning, executing, monitoring and controlling, and close–down. These processes are concerned with standard project issues such as budget, risk, schedule, and procurement. The second life cycle is the product life cycle, often called the systems development life cycle (SDLC). Analysis, design, and other product development phases should be treated as their own dependent mini–projects with initiation, planning, execution, monitoring and controlling, and closing down. In addition, although the project manager oversees the project at a top level, frequently it is more efficient to have the business analyst or system analyst function as the sub-project manager for the individual SDLC phases.