Questions

Depending upon the increase or decrease in price rates, buyers may respond accordingly. Some buyers may assume that quality of the product may have reduced to to reduction in price or that the company may not be selling the product as per expectations. The other assumption that buyers may make is that prices may go down in the future and so may delay purchase. On the other hand increased price may lead to a decrease in demand as the product may be more costly for the consumers who may switch to another seller offering similar products at lower prices.

A project has a beginning and an end and passes through several phases of development known as life cycle phases. Every project has certain phases of development. A clear understanding of these phases allows managers and executives to maintain control of the project more efficiently.
These phases are varied depending upon the industry involved but all follow the same basic steps.

How Important is Project Life Cycle::

1. This is a tried and tested method for delivering projects on time, within budget and to the expected quality targets.

2. Aids communication and helps define roles within the project organisation as it provides a framework for the project that is visible and understood by all members of the project.

3. The project lifecycle will allow the project manager to link progress directly to each phase and recognise the completion of each phase

4. The phases within the project lifecycle provide an understanding of the evolution of the project, being able to identify areas that need greater attention at different times such as risk management in the early stages and more Project Evaluation Reviews during the Implementation stage.

5. At each stage, approval is generally required from outside the project team before proceeding to the next stage.

6. The project life cycle also allows for the gate procedure to be used.

7. At each stage, approval is generally required from outside the project team before proceeding to the next stage.

Alter database backup control file to trace

The 828-metre (2,717 ft) tall Burj Khalifa in Dubai has been the tallest building since 2008.

The combined gas law states that the ratio between the pressure-volume product and the temperature of a system remains constant.

Hence it depends on all the three Volume, Temperature & Pressure.

Anirudh Bhattacharyya