According to (Wysocki, 2012) there are five Project Management Life Cycle (PMLC) models that can be used to manage and execute different types of projects. Each PMLC model has different project management approach in the sequencing of the five process groups; scoping, planning, launching, Monitoring & controlling, and closing. The five PMLC models are: 1)Linear
Below are the five PMLC models and potential risks and failures associated with each model and its mitigation strategies:
This model is the simplest PMLC model, it is based on the TPM approach. In the linear model the relationship between the five process group is follow the sequential style. The sequential relationship means that the planning process can not start before the completion of the scoping process, the launching process can not start before the completion of the planning process, the monitor and control process can not start before the completion of the planning process, and the closing process can not start before the completion of the monitor and control process.
Risks, failures, and mitigation strategy:
According to (Wysocki, 2012) below are the risk and mitigation strategy for this model:
•One of the major risks related...