The process each manager follows during the life of a project is known as : 

The correct answer is: option 2: Project Management Life Cycle

Concept:

The Project Management Life Cycle refers to the structured set of phases that every project manager follows from the start to the end of a project. It provides a framework for planning, executing, and completing a project successfully.

Typical phases of the Project Management Life Cycle include:

1. Initiation – Defining the project at a broad level
2. Planning – Establishing the scope, objectives, and procedures
3. Execution – Performing the tasks and producing deliverables
4. Monitoring and Controlling – Tracking and reviewing project performance
5. Closure – Finalizing all activities and closing the project

Explanation of options:

• Option 1 – Project Management: ❌ This is the discipline, not the step-by-step process.
• Option 2 – Project Management Life Cycle: ✅ Correct. It is the process each manager follows.
• Option 3 – Manager life cycle: ❌ Not a standard or recognized term in project management.
• Option 4 – All of the mentioned: ❌ Incorrect since only option 2 is accurate.

Hence, the correct answer is: option 2: Project Management Life Cycle