The Project Life Cycle: Improve Your Process & Communication With This Simple Framework
Complex projects involve a lot of people, tasks, and procedures. Having a comprehensive knowledge of the project life cycle, its types, and its various phases can lead to a more successful outcome. To understand more about the types and phases of a project life cycle, let’s start with the basics—what exactly is a project life cycle?
What Is A Project Life Cycle?
A project life cycle is a phase-wise structure for a project manager to coordinate a campaign from start to finish. This acts as a checklist to not only keep track of details but also to keep the project structured.
Understanding your project’s life cycle is also useful when changes occur or you are managing multiple projects. It’s important to choose the right type of project life cycle for your project. So let’s discuss different types of project life cycles out there.
What Are The Types of Project Life Cycle?
1. Predictive Life Cycle
As the name suggests, a Predictive life cycle offers a predictive workflow. Every detail regarding a project including its schedule, costs, and the process is pre-decided.
A team then performs in a manner to stick to the plan for finishing a project. This makes the whole process predictive because the scope of changes is minimal.
2. Iterative Life Cycle
The Iterative life cycle also matches the name and description it holds. This life cycle is an iteration or repetition of a predictive life cycle in small packets. In this approach too, most of the project is pre-planned, but the goal is to make a minimum viable product in the first iteration.But even after solving many problems posed by the Predictive life cycle, there are still some projects that require us to adapt very fast. These projects are not well defined and demand constant changes, and that brings us to the Adaptive life cycle.
3. Adaptive Life Cycle
This type of project life cycle is totally opposite from a Predictive life cycle. This approach is more open to change and works for very complex projects where it is difficult to define the project requirements beforehand. In this approach, the iterations are time-bound and rapid. Each iteration is known as an increment and is focused on delivering a part of the project each time. As each iteration is rapid—new changes are incorporated after each cycle—making it the most flexible project life cycle.Is it the right fit for my project? The adaptive life cycle is based on working over feedback in each iteration. This requires the team to communicate and collaborate in the clearest way possible to deal with changes. Such methodology is ideal for a complex project where customer feedback is of utmost importance. But it also makes it difficult for a project manager to define the scope of a project and offer clarity regarding deadlines and cost of a project.
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