Final answer:
Companies performing projects will generally subdivide their projects into phases or stages, collectively they are called project phases.
Step-by-step explanation:
Companies performing projects will generally subdivide their projects into phases or stages, collectively they are called project phases. These phases help ensure that the project is properly planned, executed, and monitored, allowing for better control and organization. For example, the engineering design process involves completing project tasks or phases in repetitive cycles until the desired result is achieved. Another example is breaking down a large research project into smaller steps, such as brainstorming, researching, outlining, drafting, revising, and proofreading.