Project Management Process Groups

Project Management Process Groups

Five overarching process groups The management of the project is divided
into five different phases or process groups Initiative, Planning, Executing,
Monitoring & Controlling and Closing The formal beginning of authorization of a new project
is called Initiating a Project A very first process group
is called Initiating Process Group The next process group called Planning Process Group The main goal or an output of the Planning Process Group
is a creation of a Project Management Plan What processes will be input to this document developing project management itself will be a part of
collecting requirements defining scope, creating WBS,
defining activities, sequence activities estimate activity resources,
after we estimate activity resources we are ready to develop a schedule after developing the schedule we can take a look at our
estimation of cost determining budget planning quality developing human resources plan planning our communication for the project,
risk management, identify risks take a look at qualitative and quantitative risk analysis,
response to a risk, plan procurement All of these elements are inputs to Project Management Plan The next process group is Executing Process Group The Executing Process Group is where the work
of the project is actually being done The next group is Monitoring and Controlling Process Group Measure and compare in order to track all major project
variables: time, cost, scope and quality The last but not the list is the Closing Process Group The goal of the Closing Process Group
could be one or more of the following 1. verify that all of the activities can be completed within all of other process groups in order to close the project or phase of the project 2. hand of a completed product or service, closeout a terminated project

9 thoughts on “Project Management Process Groups”

  1. Great video!
    I have always thought there was a better way to plan my tasks.
    This sounds great, ill be sure to look into this more!

Leave a Reply

Your email address will not be published. Required fields are marked *