Facts About 5 Project Management Process Groups

Revealed: 5 Project Management Process Groups

 

LAST UPDATED ON: 26TH AUGUST, 2019

 

Project management process groups can be seen as logical groupings of project management processes to achieve specific project objectives. They allowed a project manager to organize the activities of a project so that it will be very easy for him or her to manage the project.

 

One needs to understand that the project management process groups are not the same as project phases. A Project phase can be seen as a division of a large phase project into different stages. When you are using this method, a phase has to be completed before the next phase can begin.

Project Management Process Groups

Now the five phases…

 

#1 INITIATING

Initiating as part of the project management process groups are those processes that are performed in order to define a new product or a new phase of an existing or new project by obtaining authorization to start the project or phase.

 

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At the initiating phase of a project, you are trying to look at the feasibility of a project and determine whether that project can be done or not. This is also a stage at which you determine “what is” and “what is not” part of a project.

 

#2 PLANNING

The planning processes are processes that are required to establish the scope of the project, the planning processes refine the objectives of the project. It also defines the course of action required to attain the objectives that the projects were undertaken to achieve.

 

With planning process groups, you can envisage some of the challenges you are likely to face with the project. You will be able to come up with strategies to mitigate all risks.

 

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#3 EXECUTING

When it comes to executing process group as part of the project management process groups, you are embarking on processes that will be performed to complete the work defined in the project management plan in order to satisfy the project management requirements. The project management requirements are deliverables that stakeholders are expecting from the project.

#4 MONITORING AND CONTROLLING

Monitoring and controlling process groups are processes that are required to track, review, and regulate the progress and performance of the project. This allows you to compare what you originally planned and what was done on the project. It also helps you to identify areas where more planning are required so that you can initiate the necessary changes.

 

 

#5 CLOSING PROCESS GROUPS

At the closing process groups, we have processes that are required to formally complete or close the project, phase, or contract. This is when the Project Manager reviews all that has been done and ensure that the project meets stakeholder requirements.

 

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