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  <mainDescription>&lt;p>&#xD;
    From a&amp;nbsp;development perspective, each iteration provides an increment of functionality to the product. Thus, the&#xD;
    end of each iteration corresponds to a checkpoint where the project team demonstrates to stakeholders that the&#xD;
    objectives for that iteration have been met.&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    From a management perspective, the software lifecycle&amp;nbsp;is decomposed over time into four sequential phases, each&#xD;
    concluded by a major milestone [&lt;a class=&quot;elementLinkWithUserText&quot; href=&quot;./../../../openup/guidances/supportingmaterials/references_6CCF393.html&quot; guid=&quot;_9ToeIB83Edqsvps02rpOOg&quot;>BOE95&lt;/a>].&#xD;
    There are four major milestones that provide evaluation criteria at the end of each phase.&#xD;
&lt;/p>&#xD;
&lt;p class=&quot;banner&quot; align=&quot;center&quot;>&#xD;
    &lt;img height=&quot;156&quot; alt=&quot;Click on text for more information about phases and milestones&quot; src=&quot;./resources/co_phas1.gif&quot;     width=&quot;406&quot; border=&quot;0&quot; />&#xD;
&lt;/p>&#xD;
&lt;p class=&quot;picturetext&quot; align=&quot;center&quot;>&#xD;
    The phases and milestones of a project&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    Each phase is&amp;nbsp;a span of time between two major milestones and has specific focus and objectives. At each phase-end&#xD;
    an assessment is performed to determine whether the objectives of the phase have been met. A satisfactory assessment&#xD;
    allows the project to move to the next phase. When a milestone is not met, more iterations in the current phase may be&#xD;
    performed before the milestone can be considered complete. Achieving a milestone represents an objective criteria with&#xD;
    which to measure progress.&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    At the end of the &lt;a class=&quot;elementLink&quot; href=&quot;./../../../openup/guidances/concepts/inception_phase_C4456871.html&quot; guid=&quot;_0hmKgBOMEduCNqgZdt_OaA&quot;>Inception Phase&lt;/a> is the first major project milestone or &lt;strong>Lifecycle Objectives&#xD;
    Milestone&lt;/strong>. At this point, you examine the cost versus benefits of the project, and decide either to proceed&#xD;
    with the project or to cancel it.&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    At the end of the &lt;a class=&quot;elementLink&quot; href=&quot;./../../../openup/guidances/concepts/elaboration_phase_BE880435.html&quot; guid=&quot;_2plxwBOMEduCNqgZdt_OaA&quot;>Elaboration Phase&lt;/a>&amp;nbsp;is the second important project milestone, the&#xD;
    &lt;strong>Lifecycle Architecture Milestone&lt;/strong>. At this point, a baseline of requirements is agreed to, you examine&#xD;
    the detailed system objectives and scope, the choice of architecture, and the resolution of the major risks. The&#xD;
    milestone is achieved when the architecture has been validated.&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    At the end of the &lt;a class=&quot;elementLink&quot; href=&quot;./../../../openup/guidances/concepts/construction_phase_873B6559.html&quot; guid=&quot;_48EKsBOMEduCNqgZdt_OaA&quot;>Construction Phase&lt;/a>&lt;strong>&amp;nbsp;&lt;/strong>is the third important project milestone,&#xD;
    the &lt;strong>Initial Operational Capability Milestone&lt;/strong>. At this point, the product is ready to be handed over to&#xD;
    the transition team. All functionality has been developed and all alpha testing (if any) has been completed. In&#xD;
    addition to the software, a user manual has been developed, and there is a description of the current release. The&#xD;
    product is ready for beta testing.&#xD;
&lt;/p>&#xD;
&lt;p>&#xD;
    At the end of the &lt;a class=&quot;elementLink&quot; href=&quot;./../../../openup/guidances/concepts/transition_phase_DD5986E5.html&quot; guid=&quot;__ca5UBOMEduCNqgZdt_OaA&quot;>Transition Phase&lt;/a>&lt;strong>&amp;nbsp;&lt;/strong>is the fourth important project milestone,&#xD;
    the &lt;strong>Product Release Milestone&lt;/strong>. At this point, you decide if the objectives were met, and if you should&#xD;
    start another development cycle. The Product Release Milestone is the result of the customer reviewing and accepting&#xD;
    the project deliverables.&#xD;
&lt;/p></mainDescription>
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