This project life cycle as implemented by Simply Bits has been designed to clearly define the customer's expectations and address risks early and often.
Experience has shown a formal process reduces overall implementation time and results in a lower total cost of ownership. Although this process could be followed for a traditional project process in a single iteration, the Simply Bits Enterprise Services DevOps team prefers to follow this process for each iteration of an agile approach. This process model works for projects of all sizes. For small and some medium sized projects, steps can be combined or abbreviated.