Project cycle includes Bbl6epuTe Bce nopxogauue OTBeTbl u3 crlucka construction stage exploitation stage preconstructior stage none listed above

The project cycle includes the following stages:<br /><br />1. Pre-construction stage<br />2. Construction stage<br />3. Exploitation stage<br /><br />Therefore, the correct answer is: Pre-construction stage, Construction stage, and Exploitation stage.