Most projects go through similar stages on the path from origin to completion. We define these stages, as the project's life cycle. The project is born (its start-up phase) and a manager is selected, the project team and initial resources are assembled, and the work program is organized. Then work gets under way and momentum quickly builds. Progress is made. This continues until the end is in sight. But completing the final tasks seems to take an inordinate amount of time, partly because there are often a number of parts that must come together and partly.

Question. Analyzethe suitability of the selected tool-kit for successful project management and determine at which stage might appropriate technological solution shave risk at project's life cycle.