PMP Certification Practice Test 7

You work as a Project Manager at the mobile phone chipset manufacturer. As predicted by Moore's law, each year your company introduces new models of mobile phone chipsets which are faster and more powerful than their predecessors. Mobile phone chipsets that are obsolete or do not sell are quickly retired from production. The chipsets' lifecycle begins in R and D, extends to manufacturing, and finally ends with phase out. This cycle is often referred to as: