Project
Management
is
the
applica3on
of
knowledge,
skills,
tools
and
techniques
to
projects’
ac3vi3es
to
meet
project
requirements.
This
applica3on
of
knowledge
requires
the
effec3ve
management
of
appropriate
processes.
Project
management
processes
describe,
organize,
and
complete
the
work
of
the
project.
The
project
management
processes
that
are
applicable
to
most
projects,
most
of
the
3me,
will
be
described
in
our
session.
Project
Management
Processes
A
process
is
a
set
of
inter
related
ac3ons
and
ac3vi3es
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
resul3ng
outputs.
The
project
manager
must
consider
organiza3onal
process
assets
and
enterprise
environmental
factors
even
if
they
are
not
explicitly
listed
as
inputs
in
the
process
specifica3on.
Project
Management
Processes
In
order
for
a
project
to
be
successful,
the
project
team
must:
Select
appropriate
processes
required
to
meet
the
project’s
objec3ves,
use
a
defined
approach
that
can
be
adopted
to
meet
requirements,
comply
with
requirements
to
meet
stakeholders’
needs
and
expecta3ons,
and
balance
the
compe3ng
demands
of
scope,
3me,
cost,
quality,
resources,
and
risk
to
produce
the
specified
product,
service,
or
result.
Project
Management
Processes
Project
managers
and
their
teams
should
carefully
address
each
process
and
its
cons3tuent
input
and
output.
This
effort
is
known
as
Tailoring.
Project
Management
Processes
Project
management
is
an
integra3ve
undertaking
requiring
each
project
and
product
process
to
be
appropriately
aligned
and
connected
with
the
others
processes
to
facilitate
coordina3on.
Ac3ons
taken
during
one
process
typically
affect
that
process
and
other
related
processes.
For
example,
a
scope
change
typically
affects
project
cost,
but
may
not
affect
the
communica3on
plan
or
product
quality.
Successful
project
management
includes
ac3vely
managing
these
interac3ons
to
meet
sponsor,
customer,
and
other
stakeholder
requirements.
Project
Management
Process
Groups
Project
management
processes
are
grouped
into
five
categories
known
as
project
management
process
groups.
Ini1a1ng
process
group:
performed
to
define
a
new
project
or
a
new
phase
of
an
exis3ng
project
by
obtaining
authoriza3on
to
start
the
project
or
phase.
Planning
process
group:
required
to
establish
the
scope
of
the
project,
refine
the
objec3ves,
and
define
the
course
of
ac3on
required
to
aLain
the
objec3ves
that
the
project
was
undertaken
to
achieve.
Project
Management
Process
Groups
Execu1ng
process
group:
performed
to
complete
the
work
defined
in
the
project
management
plan
to
sa3sfy
the
project
specifica3ons.
Monitoring
and
controlling
process
group:
required
to
track,
review,
and
regulate
the
progress
and
performance
of
the
project;
iden3fy
any
areas
in
which
changes
to
the
plan
are
required;
and
ini3ate
the
corresponding
changes.
Closing
process
group:
performed
to
finalize
all
ac3vi3es
across
all
process
groups
to
formally
close
and
accept
the
project
or
phase.
Project
Management
Process
Groups
Project
Management
Process
Groups
Within
each
process
group,
the
individual
processes
are
linked
by
their
inputs
and
outputs.
Inputs—documents
or
documentable
items
that
will
be
acted
upon.
Tools
and
techniques—mechanisms
applied
to
the
inputs
to
create
the
outputs.
Outputs—documents
or
documentable
items
that
are
a
result
of
the
process.
Project
Management
Process
Groups
Process
Groups
are
not
Project
Phases
As
projects
are
separated
in
into
dis3nct
phases
or
sub
projects
such
as
feasibility
study,
concept
development,
design,
build,
test,
etc.,
all
of
the
process
groups
would
normally
be
repeated
for
each
phase
or
sub
project.
processes
and
ac3vi3es
needed
to
iden3fy,
define,
combine,
unify,
and
coordinate
the
various
processes
and
project
management
ac3vi3es
within
the
Project
Management
Process
Groups.
In
the
project
management
context,
integra3on
includes
characteris3cs
of
unifica3on,
consolida3on,
ar3cula3on,
and
integra3ve
ac3ons
that
are
crucial
to
project
comple3on,
successfully
managing
stakeholder
expecta3ons,
and
mee3ng
requirements.
Project
Scope
Management
Project
Scope
Management
includes
the
processes
required
to
ensure
that
the
project
includes
all
the
work
required,
and
only
the
work
required,
to
complete
the
project
successfully.
Managing
the
project
scope
is
primarily
concerned
with
defining
and
controlling
what
is
and
is
not
included
in
the
project.
Project
Time
Management
Project
Time
Management
includes
the
processes
required
to
accomplish
3mely
comple3on
of
the
project.
Project
Cost
Management
Project
Cost
Management
includes
the
processes
involved
in
es3ma3ng,
budge3ng,
and
controlling
costs
so
that
the
project
can
be
completed
within
the
approved
budget.
Project
Quality
Management
Project
Quality
Management
includes
the
processes
and
ac3vi3es
of
the
performing
organiza3on
that
determine
quality
policies,
objec3ves,
and
responsibili3es
so
that
the
project
will
sa3sfy
the
needs
for
which
it
was
undertaken.
It
implements
the
quality
management
system
through
policy
and
procedures
with
con3nuous
process
improvement
ac3vi3es
conducted
throughout,
as
appropriate.
Project
Human
Resource
Management
Project
Human
Resource
Management
includes
the
processes
that
organize,
manage,
and
lead
the
project
team.
The
project
team
is
comprised
of
the
people
with
assigned
roles
and
responsibili3es
for
comple3ng
the
project.
Project
Communica1ons
Management
Project
Communica3ons
Management
includes
the
processes
required
to
ensure
3mely
and
appropriate
genera3on,
collec3on,
distribu3on,
storage,
retrieval,
and
ul3mate
disposi3on
of
project
informa3on.
Project
Risk
Management
Project
Risk
Management
includes
the
processes
of
conduc3ng
risk
management
planning,
iden3fica3on,
analysis,
response
planning,
and
monitoring
and
control
on
a
project.
The
objec3ves
of
Project
Risk
Management
are
to
increase
the
probability
and
impact
of
posi3ve
events,
and
decrease
the
probability
and
impact
of
nega3ve
events
in
the
project.
Project
Procurement
Management
Project
Procurement
Management
includes
the
processes
necessary
to
purchase
or
acquire
products,
services,
or
results
needed
from
outside
the
project
team
to
perform
the
work.
Project
Procurement
Management
includes
the
contract
management
and
change
control
processes
required
to
develop
and
administer
contracts
or
purchase
orders
issued
by
authorized
project
team
members.
Project
Stakeholders
Management
(New)
Includes
the
processes
required
to
Iden3fy
the
people,
groups,
or
organiza3ons
that
could
impact
or
be
impacted
by
the
project,
Analyze
stakeholder
expecta3ons
and
their
impact
on
the
project
and
Develop
appropriate
management
strategies
for
effec3vely
engaging
stakeholders
in
project
decision
and
execu3on.
Project
Management
Process
Groups
and
Knowledge
Area
Mapping
Project
Management
Process
Groups
and
Knowledge
Area
Mapping
REFERENCES