2025/2026 BANK CURRENTLY
TESTING 2 VERSIONS
(VERSION A AND B) AND
STUDY GUIDE COMPLETE
EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS
What are the stages of a linear life cycle? - ANSWER ✔✔Concept,
Definition, Deployment, Transition
What is the best type of life cycle to use for a stable low-risk project? -
ANSWER ✔✔Linear life cycle
,State the three types of life cycle. - ANSWER ✔✔Linear, Iterative,
Hybrid
What is the main characteristic of an iterative life cycle? - ANSWER
✔✔It repeats one of more phases
When is an iterative life cycle beneficial? - ANSWER ✔✔If the project
scope is vague, or if the solutions are unclear
What are the three stages of Evolutionary Development in an Iterative
lifecycle? - ANSWER ✔✔Assemble, Review, Deploy
What is the definition of a hybrid life cycle? - ANSWER ✔✔It adds
iteration to a linear life cycle to enable a mix of approaches
Give one difference between a Project Life Cycle and an Extended Life
Cycle? - ANSWER ✔✔A project life cycle contains the phases up to
transition and closure, whereas an extended life cycle goes beyond the
transition and closure phase to include the benefits realisation phase
and adoption of outputs.
What are the two extra phases of an Extended life cycle? - ANSWER
✔✔Adoption, Benefits Realisation
,What are the different Documentation Requirements for a Project
lifecycle vs. an Extended lifecycle? - ANSWER ✔✔A project lifecycle
focuses on documentation required for project execution and closure,
such as project plans, progress reports, and final reviews.
An extended lifecycle requires comprehensive documentation that
extends into operational manuals, long-term maintenance schedules,
and end user support materials.
How are Changes Managed for a Project lifecycle vs. an Extended
lifecycle? - ANSWER ✔✔Project Lifecycle - Changes are managed
within the confines of the project's timeline and aim to minimise
disruptions to the initial plan.
Extended lifecycle - Incorporates continuous change management to
adapt to evolving technologies, user requirements, and operational
challenges over time.
How is Quality Assurance carried out in Project lifecycle vs. Extended
Lifecycle? - ANSWER ✔✔Project lifecycle - Quality assurance
processes are designed to ensure that the project meets defined
standards and specifications at closure.
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, Extended lifecycle - Ongoing quality assurance is crucial to maintain the
integrity, performance, and safety of the project outcomes throughout
their lifecycle.
How are Resources Allocated in a Project lifecycle vs. an Extended
lifecycle? - ANSWER ✔✔Project lifecycle - Resources are allocated
and managed with the goal of project completion, and resource
engagement typically concludes with the project
Extended lifecycle - Resource allocation is dynamic and may increase or
decrease based on the phase of the lifecycle, such as during major
upgrades or routine maintenance.
How do skills and expertise differ across a Project lifecycle vs. an
Extended Lifecycle? - ANSWER ✔✔Project lifecycle - Requires skills
relevant to project management and technical execution specific to the
project's requirements.
Extended lifecycle - Demands a broader range of skills, including
operational management, technical support, and lifecycle management
expertise.
How do Feedback Mechanisms differ in a Project Lifecycle vs an
Extended Lifecycle? - ANSWER ✔✔Project lifecycle - Feedback is