Question 4
Consider the following statements regarding the project life cycle
1. Understanding the scope of the project is part of the initiation phase. 2. Objectives of the project are defined in the initiation phase. 3. Formulation and planning of various activities are done before moving to the execution phase.
Select the correct answer using the codes given below.
1 only
1 and 2 only
1 and 3 only
1, 2 and 3