Question: Project Life Cycle Map the 11 steps appropriately to the four phases of a project life cycle and describe of the purpose of each decision

Project Life Cycle Map the 11 steps appropriately to the four phases of a project life cycle and describe of the purpose of each decision point and the key decision factors. Consider the phases of the following proposed project life cycle: Concept - Development - Production - Implementation Assign each of the 11 steps below to one of the phases. Here are the 11 steps: 1. Technical Feasibility (analysis to determine if the technology will work) 2. Technical Prototype (fabrication of a working model) 3. Development Testing (testing prototype to see if it works) 4. Pre-Production Prototype (fabrication of a producible model) 5. Operational Testing (testing the producible model to see if it will work in use) 6. Develop Production Capability (installation / test of production equipment and facilities) 7. Production (fabrication of many units using mature production process) 8. Market Needs Assessment (analysis to determine desired product features) 9. Market Study (analysis to determine potential demand for product) 10. Market Valuation (analysis to set price for initial production units) 11. Market Diversification (analysis to identify additional future markets and product features) Place each step that corresponds to the phase and describe the purpose of each decision point and factors to consider: Concept: Development: Production: Implementation

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