IT390: Project Management Module 8 Final Exam: Part II How can the success or failure of a project be defined? Explain the factors that will help projects succeed. Describe the concept of a systems approach. What is a systems development life cycle? What are some of the predictive models associated with the systems development life cycle? Describe the concepts of informal methods for distributing information. How do they compare to formal methods for distributing information? How do you determine the number of communications channels? How does the number of people involved in a project affect this value? How can project managers control this value?