What does the project lifecycle include in construction?

The project lifecycle in construction encompasses all the phases that a project goes through from its beginning to its end. This includes initiation, where the project is defined and justified; planning, where detailed schematics, timelines, and budgets are developed; execution, where the actual construction takes place; monitoring and controlling, where progress is tracked against the plan; and finally closure, where the project is completed, and lessons learned are documented.

Option B captures this full spectrum of phases, signifying the importance of a comprehensive approach in managing construction projects effectively. By addressing every stage from initiation to closure, it acknowledges that successful project management requires meticulous attention to each aspect of the lifecycle to ensure that goals are met and resources are utilized efficiently.

In contrast, the other choices incomplete the lifecycle, focusing only on limited aspects, which does not reflect the comprehensive nature necessary for effective project management in construction.