CAPM (Certified Associate in Project Management) 2026 – 400 Free Practice Questions to Pass the Exam

The correct answer is B. The typical stages in a product life cycle are Introduction, Growth, Maturity, and Retirement.

Option A (Planning, Execution, Monitoring, Controlling) aligns more with the stages in project management, not specifically in a product life cycle.

Option C (Concept, Development, Implementation, Conclusion) also reflects a product development process rather than the stages in a product life cycle.

Option D (Initiation, Planning, Executing, Closing) corresponds to the stages in project management but does not represent the stages typically found in a product life cycle.