Project Management Processes Flashcards
What is project management
The application of knowledge, Skills, tools and techniques to project activities to meet requirements
What is a process
A set of interrelated actions and activities performed to create a pre-specified product or service or result
What are project management processes
They ensure effective flow of a project through the lifecycle. They are divided into knowledge areas
What are product oriented processes
They specify and create the projects product
What is the initiating process group
The processes perform to define a new project or a new phase.
Initial scope is defined
Financial resources are committed
Stakeholders are identified
A project manager is selected and given the authority to apply resources to subsequent activities
What is the key purpose of the initiating process group
To align stakeholders expectations with project purpose
What are the outputs of the initiating process group
Project charter
Stakeholder register
What is the planning process group
Processes perform to establish total scope of effort, define and refine objectives and develop course of action required to meet objectives
What is the key benefit of the planning process group
Delineate strategy and tactics as well as a course of action to successfully complete the project
What are the outputs of the planning process group
Project management plan
Project documents
What is the executing process group
Processes perform to complete the work
Includes coordinating people and resources, managing stakeholder expectations, and integrating and performing activities on the project according to the plan
What is the monitoring and controlling process group
Processes to track, review, and orchestrate the progress and performance of the project; identify areas in which plan changes are required; and initiate corresponding changes
Includes controlling changes in recommending corrective or preventive action; monitoring ongoing project activities against the plan; and influencing the factors that could circumvent integrated change control so that only approved changes are implemented
What is the key benefit of monitoring and controlling
Project performance is measured in analyzed at regular intervals, appropriate events, or exception conditions to identify variances from the project management plan
What is the closing process group
Processes performed to conclude all activities across all process groups to formally complete the project, phase, contractual obligations
What types of activities are performed under at the closing process group
Obtain acceptance by customer or sponsor to close
Conduct post project, phase and review
Record impacts of tailoring
Document lessons learned
Apply appropriate updates to organizational process assets
Archive project documents
Close out procurements
Farm team member assessments and release resources