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Geoffco's project manager names three individuals and requests a project budget of $3,000,000 for the new 8-Pod, a backpack-sized personal music player for 8-track tapes capable of holding up to 100 songs from the '60s and '70s. This important step takes place during __________ of the project life cycle.A) planningB) conceptualizationC) executionD) termination

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Answer:

B) conceptualization

Step-by-step explanation:

Conceptualization -

It is the phase of the life cycle of project , where the capability to give an idea or concept is considered .

This phase is the very first phase for the life cycle of the project , where all the initial steps are taken to start the project .

Hence , from the question ,

the project manger of the Geoffco company , assign three individual the a task to perform .

Therefore , the correct term for the given statement is B) conceptualization .

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