Arrange the phases or stages of development of a project (life - cycle phases) given by Cleland and King in a proper sequence.

A. Divestment

B. Definition phase

C. Conceptual phase

D. Production phase

E. Operational phase

Choose the correct answer from the options given below

1
C, B, D, E, A 
2
B, C, D, E, A
3
E, C, A, D, B
4
B, A, D, C, E

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