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Project Life Cycle & Project Stakeholder

What is a project life cycle? What is a project stakeholder? and What are some of the elements that differentiate a project from other types of work?

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Hello Student,

Before you proceed to answer this question, the first thing that you may want to do is note the definition of a project. According to Meredith (2003), a project is defined by the Project Management Institute (PMI) as a temporary endeavor undertaken to create a unique product or service. He further states that, "a project in its broadest sense is a specific, finite task to be accomplished. ...

Solution Summary

This solution first starts by providing a definition of what a project is. It also gives an overview of what a project life cycle is and what are the three stages of a project's cycle (including diagram). Mention is also made in this solution of what is a project stakeholder and who are the five primary project stakeholders; in addition to the elements that differentiate a project from other types of work. The solution is adequately referenced.

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