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Process Groups
progress from initiating activities to planning activities, executing activities, monitoring and controlling activities, and closing activities.
All projects and project phases need to include all five process groups, and project managers and teams need to reexamine the business need during every phase of the project life cycle.
True
Project Management
is an integrative endeavor that involves making trade-offs between scope, time, and cost.
first process of the five process group
Initiating processes include defining and authorizing a project or project phase.
second process of the five process group
Planning processes include devising and maintaining a workable scheme to ensure that the project addresses the organization’s needs.
third process of the five process group
Executing processes include coordinating people and other resources to carry out the various plans and create the products, services, or results of the project or phase.
fourth process of the five process group
Monitoring and controlling processes include regularly measuring and monitoring progress to ensure that the project team meets the project objectives.
fifth process of the five process group
Closing processes include formalizing acceptance of the project or project phase and ending it efficiently.