Text explanation for graphic:

The graphic shows the phases in the life cycle of a project in the environments in which we are most interested: Integrated Product Development (IPD), Customer Relationship Management (CRM), WWPMM, and Project Management Body of Knowledge (PMBOK).

The following table will explain part of the graphic:

Initial Phase Intermediate Phase Final Phase
WWPMM Defining Planning Executing/Controlling Closing
CRM Solution Desing Solution Desing Solution Delivery Solution Delivery
IPD Concept Plan Develop Qualify Launch Life Cycle Close
PMBOK Initiating Planning Executing/Controlling Closing

Note: The cost and staffing level is lower at the beginning and final part of the project. And it is higher in the intermediate phase.