Friday, October 17, 2014

The Five Project Process Groups

The Five Project Process Groups

1.Initiation
2.Planing
3.Execution
4.Monitoring
5.Controlling
6.Closure

Initiation Phase

* Recognizes the beginning of the project
* Define and authorize the project
* Name the project and project manager
* Define scope
* Identify the deliverable
* Ascertain the duration and resources
* Phase output: the Project charter

Planning Phase 

* Develop the Schedule
* Define the Budget
* Identify Risks
* Identify Resources
* Phase output: The project management plan

Execution Phase

* the Real work begins
* Execute your plan
* Coordinate staff
* Phase output: Deliverable finished and accepted

Monitoring and Controlling

* Continuously monitor the project
* analyze the issue associated with the deviation
* Execute approved changes
* Phase output: take corrective action

Closure Phase

* Turn Over deliverable
* Closure of the project
* Release resources
* Close Contracts
* Review Projects
* Create a final report
* Phase output: formal acceptance and sign off

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