Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close.

What is a group of PRojects called?

A program is a group of projects that are managed together, to make the most of their interrelated status. For example, a construction company that is working on a new subdivision manages each house in the subdivision as a separate project.

How many processes fall under monitoring and controlling?

Definition of the Monitoring and Controlling Process Group, the Fourth Stage of Project Management. The PMBOK5 categorizes project management processes into five groups.

What are the five process groups?

These five essential phases or process groups are:

  • Initiating Process Group. The initiating process group involves the processes, activities, and skills needed to effectively define the beginning of a project.
  • Planning Process Group.
  • Executing Process Group.
  • Monitoring and Control Process Group.
  • Closing Process Group.

What are some of the key outputs of each process group?

What are some of the key outputs of each process group? Some of the key outputs might include a charter, a project management plan, deliverable, performance reports, and close procurement. project failure like the Denver International Airport baggage handling system.

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What are the three components of the triple constraint?

The triple constraint theory, also called the Iron Triangle in project management, defines the three elements (and their variations) as follows:

  • Scope, time, budget.
  • Scope, schedule, cost.
  • Good, fast, cheap.

What are the 5 phases of a project?

Dividing your project management efforts into these five phases can help give your efforts structure and simplify them into a series of logical and manageable steps.

  • Project Initiation.
  • Project Planning.
  • Project Execution.
  • Project Monitoring and Control.
  • Project Closure.

What types of activities occur before initiating a project?

What types of activities are done before initiating the project? Project management inolves five main process groups: initiating, planning, executing, monitoring and controlling, and closing processes. These processes take place at the every stage of the project life cycle.

What are the 10 Pmbok knowledge areas?

These are the 10 Project Management knowledge areas:

  • Project Integration Management.
  • Project Scope Management.
  • Project Schedule Management.
  • Project Cost Management.
  • Project Quality Management.
  • Project Resource Management.
  • Project Communications Management.
  • Project Risk Management.

Also, what are the Pmbok processes?

Every project needs the 5 Process Groups – Initiating, Planning, Executing, Monitoring & Controlling and Closing. Process Groups bundle together processes that often operate around the same time on a project or with similar input and outputs.

Likewise, how many processes are in PMI? The PMP Process Chart: The 5 Process Groups

Process Groups, group the 47 processes based on phase of the project life cycle. There are five phases in the project lifecycle that include, initiating, planning, executing, monitoring/controlling, and closing.

What are the 47 processes of project management?

It is a logical grouping of the 47 individual project management processes into groups describing the initiating processes, planning processes, executing processes, monitoring and controlling processes, and closing processes.

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What is a project life cycle?

A project life cycle is the sequence of phases that a project goes through from its initiation to its closure. The project lifecycle can be defined and modified as per the needs and aspects of the organization.

In respect to this, what are PMI process groups?

The project management processes are a part of those project management knowledge areas. All of these project management processes belong to five major project management process groups. These project management process groups are called initiating, planning, executing, monitoring and controlling and closing.

What is the main purpose of project plans?

The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summarized or detailed.”

What is PMI framework?

PMIĀ® is a leading membership-based organization that provides tools, best practices, and networks for project managers and practitioners who need to successfully manage their projects, programs, and portfolios.

What are the steps in management process?

Management process/functions involve 4 basic activities;

  1. Planning and Decision Making – – Determining Courses of Action,
  2. Organizing – Coordinating Activities and Resources,
  3. Leading – Managing, Motivating and Directing People,
  4. Controlling – Monitoring and Evaluating activities.

How many processes are in Pmbok 6?

49 processes

What are the four core knowledge areas?

The four core knowledge areas of project management include project scope, time, cost, and quality management. These are core knowledge areas because they lead to specific project objectives.

What are the 9 Pmbok knowledge areas?

PMBoK Knowledge Areas: 9 Must Know Aspects Related to PM

  • Project Integration Management.
  • Project Scope Management.
  • Project Time Management.
  • Project Cost Management.
  • Project Quality Management.
  • Project Human Resource Management.
  • Project Communication Management.
  • Project Risk Management.

How many quality management process groups are there?

five process groups