Marguerite is creating a budget for a software development project. What phase of the system life cycle is she undertaking?
A. Project initiation and planning
B. Functional requirements and definition
C. System design specification
D. Operations and maintenance
The Correct Answer is A. Project initiation and planning.
The budget analysis of a project is a part of the planning phase. The project will not be successful without analyzing the budget requirement of the project accurately. The budget analysis, objectives etc of a project needs to be done in the planning and initiation phase.