During the full life cycle of the project, a plot of the project$$s expected expenditure will usually follow a characteristic $$S$$ shape. This indicates that:

During the full life cycle of the project, a plot of the project$$s expected expenditure will usually follow a characteristic $$S$$ shape. This indicates that:

There is a cyclic nature to all projects

The bulk of the project budget will be spent in the execution phase

There are high expenditure during closeout

Problems will always occur in the execution phase