Hi Peter,
A Guide To The Project Management Body Of Knowledge (PMBOK®
Guide), 7th Edition, defines and details the Development Approach and Life Cycle Performance as the third of eight Project Performance Domains.
Development Approach. A method used to create and evolve the product, service, or result during the project life cycle, such as a predictive, iterative, incremental, adaptive, or hybrid method
(PMBOK®
Guide, 7th Edition, page 239).
Project Life Cycle. The series of phases that a project passes through from it start to its completion
(PMBOK®
Guide, 7th Edition, page 245).
More importantly for the PMP exam, a new section in the
PMBOK®
Guide, 7th Edition is dedicated to tailoring development approaches and processes. The following four steps are illustrated
(PMBOK®
Guide, 7th Edition, page 137).
- Select Initial Development Approach
Choose a development approach that is appropriate for the work at hand.
- Tailor for Organization
Consider the organizational requirements in modifying the approach.
- Tailor for Project
Consider the size, importance, and other critical factors of the project when making adjustments to the approach.
- Implement Ongoing Improvement
Monitor the progress and adapt the process where necessary.
Finally, see also the importance of project deliverables in relation to Development Approach and Life Cycle
(PMBOK®
Guide, 7th Edition, page 46).
Hope this helps in your understanding of Project Performance Domain, Development Approach and Life Cycle.
I wish you the best, Peter!
Lisa Sweeney, PMP