PPM-001 Exam Dumps | True or False: The first stage of the project life cycle is Conceptualization.

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Question 73/108

True or False: The first stage of the project life cycle is Conceptualization.

A. True

B. False

Correct Answer: A

The statement is true. The first stage of the project life cycle is indeed Conceptualization. During this stage, the project's initial idea or concept is developed and explored. This involves identifying the project's goals, objectives, and feasibility. The conceptualization stage is critical for laying the groundwork for the project and ensuring that there is a solid foundation and clear understanding before moving forward into more detailed planning and execution phases.

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