PMLead. Project Management Professional. edition. Based on PMBOK Guide 4 th.
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1 PMLead Project Management Professional Based on PMBOK Guide 4 th edition
2 SECTION II Chapter 3 Project Management Processes
3 Chapter 3
4 Project Process Groups A process is a set of interrelated actions and activities performed to achieve a pre-specified product, result, or service. Each process is characterized by its inputs, the tools and techniques that can be applied, and the resulting outputs. In order for a project to be successful, the project team must: Select appropriate processes required to meet the project objectives, Use a defined approach that can be adopted to meet requirements, Comply with requirements to meet stakeholder needs and expectations, and Balance the competing demands The project processes are performed by the project team and generally fall into one of two major categories: Project management processes ensure the effective flow of the project throughout its existence. Product-oriented processes specify and create the project s product.
5 Process Groups: Initiating process group: recognizing a project or phase should begin. Planning process group : devising and maintaining a workable plan. Executing process group : coordinating resources to execute the plan. Controlling process group : ensuring project objectives are met; monitoring, correcting and measuring progress. Closing process group : formalized acceptance.
6 Initiating Process Group: Defines and authorizes the project. Are often done external to the project s scope of control. Facilitate formal authorization to start a new project. Project manager assigned Funding and approval happens external to project boundaries Many large or complex projects are divided into phases, and repeating it for each subsequent phases Develop Project Charter Identify stockholders
7 Planning Process Group: Defines and refines the objectives, and plan the course of action required to attain the objective and scope that the project was undertaken to address. Develops project management plan and also refines project scope, project cost and schedule. It is updated and refines through out execution process group thru rolling wave planning. All necessary stakeholders are involved in this process Develop Project Management Plan Collect Requirements, Define Scope, Create WBS Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, Develop Schedule Estimate Costs, Determine Budget Plan Quality Develop HR Plan Plan Communications Plan Risk Management, identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, Plan Risk Responses Plan Procurements
8 Executing Process Group Majority of the project budget will be spent in performing Executing process group. Integrates people and other resources to carry out the project management plan for the project. Majority of the project budget will be spent in performing Executing process group. Integrates people and other resources to carry out the project management plan for the project. Direct and Manage Project Execution Perform Quality Assurance Acquire Project Team Develop Project Team Manage Project Team Distribute Information Manage Stakeholder Expectations Conduct Procurements
9 Monitoring and Controlling Process Group Group not only monitors and controls the work being done within a process group but also monitors and controls the entire project effort say all process areas so that timely corrective action can be taken. Monitor and Control Project Work Perform Integrated Change Control Verify Scope Control Scope Control Schedule Manage Stakeholder Expectations Control Costs Perform Quality Control Report Performance Monitor and Control Risks Administer Procurements
10 Closing Process Group: Formalizes acceptance of the project deliverable. Close Project or Phase Close Procurements
11 PMI, PMP, CAPM and PMBOK Guide are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did not participate in the development of this product.
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