Learn from Experience Principle: Misconceptions and Clarifications

B.

The Learn from Experience principle is a fundamental principle of project management. It emphasizes the importance of actively seeking and applying lessons learned from previous projects to improve future project outcomes. This principle applies throughout the project life cycle, from project initiation to project closure.

Therefore, the correct answer to the question is option A: "When Starting a Project" is NOT correct. This is because learning from experience should not only occur at the beginning of the project but throughout the project's duration. While it is essential to apply lessons learned during project initiation, this principle should also be applied during the project's progress and closure.

Here is a more detailed explanation of each option:

A. When Starting a Project: As mentioned earlier, learning from experience should not only occur at the beginning of the project. However, applying lessons learned during project initiation can improve project planning and decision-making.

B. When Initiating a Project: Applying lessons learned during project initiation can improve project planning and decision-making. Therefore, this option is correct.

C. As the project progresses: This is another correct option. As the project progresses, the project team should regularly reflect on the progress made, challenges encountered, and lessons learned to improve future project performance.

D. As the project closes: This is also a correct option. At project closure, the project team should review and document lessons learned to inform future projects.

In summary, option A is not correct as learning from experience should occur throughout the project life cycle and not just at the beginning of the project.