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TOPIC 3 (PROJECT MANAGEMENT PROCESS GROUPS (Initiating (Identify…
TOPIC 3
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Planning is establishing project scope, refine objectives
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Monitoring/Controlling is track, review, regulate progress & performance of the project
Closing is finalizing all activities and completion of project by formalizing the acceptance of deliverables
INITIATING PROCESS GROUP
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The outputs of the Initiating process group e.g project charter become inputs into the Planning process group
PLANNING PROCESS GROUP
Consists of 24 processes performed to establish total scope of the effort, define & refine objectives, and develop action items to attain those objectives
Executing, Monitoring & Controlling, and Closing process groups rely on Planning processes to carry out their functions
EXECUTING PROCESS GROUP
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Uses MOST time & resources, thus costs are usually the highest
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10 KNOWLEDGE AREAS
Project Management (PM)
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Stakeholder (Knowing the people, groups, organizations)
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