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The Project Execution phase of your Project Management process involves the actual implementation in the project, such as the allocation of resources, the execution of tasks, plus the monitoring and control of project progress. A project is executed by deciding upon an appropriate software development lifecycle model (SDLC). In your current

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Estimate the budget and determine the amount to spend within the project to realize the most return on investment. Collect the resources and begin building the team. At that time, the project’s performance is compared to the project management plan to evaluate whether or not the project really should be amended, terminated, or continue