Predictive example at cereal product
Assume your company is a leader in the market in production of cereal products. It has been in this market for over 50 years. You are the project manager for a new product that is a derivative from the company’s core product. As you determine a life cycle for this project, you believe you should follow one that is—
a. Incremental
b. Predictive
c. Iterative
d. Adaptive
Answer: b. Predictive
Predictive life cycle
If the product to be delivered is well understood, a predictive life cycle or one that is fully plan driven is recommended. The project’s scope, time, and cost to deliver it are determined in the project life cycle as early as possible. [Planning]