How does a phased life cycle model assist software management?

What is role of phased life cycle model in software management?
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"The phased life cycle improves the visibility of the project. The project can be managed by using the phases as milestones. More detailed phases will allow closer monitoring of progress."
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A application life-cycle design (SLCM) is a reflection of the significant elements of application growth work and their interrelationships in a visual structure that can be easily recognized and conveyed.
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