The life cycle of a systems analysis begins with a new goal or project. Workers then conduct a study or evaluate the feasibility of the new project to ensure it's realistic and viable.

Most energy economics texts portray the life cycle of a typical oil and gas project as having six distinct stages. These are identified below in Figure 1.

The foundation of a successful real estate project lies in selecting the right market. This decision should be guided by thorough research and analysis of economic trends, demographic shifts and ...