9 + Q9ODMOOOMODOD oO @ Precena Strategic Partners The 3 Components of a Project Project has 3 components: result (can also be regarded as scope) These 3 components push and pull each other in creating the dynamic of a project. schedule and resource. If the result it is expected to be high, then the schedule would requires more time, and at the same time, additional resources might need to be added. Projects “Life-Cycle” From the beginning to the end, a project will go through these 4 phases. 4 Phases of Project Life- Cycle: Evaluating the business needs & general approach ofthe project Activities Approval of the project; rough plan on the project, @ Precena Strategic Partners Developing plan to achieve the goal, with scheduling & resource planning Detailed project plan & budget omerat Establishing the team/system, performing, and controling the execution Assessing result approval, transit Final project, Project progress results, Pe recommendatior for future obtaining customer & post-evaluation ts, ion ns 18 GOancacoad