Question: What Are The Processes Of Project Management?

What is project life cycle?

A standard project typically has the following four major phases (each with its own agenda of tasks and issues): initiation, planning, implementation, and closure.

Taken together, these phases represent the path a project takes from the beginning to its end and are generally referred to as the project “life cycle.”.

What are the five project management processes?

Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close.

How many processes are there in project management?

47 processesWell, it includes the 47 processes that make-up the PMBOK Guide to successful project management. The 47 processes are broken down into two groupings – by process group (also known as project phase) and knowledge areas.

What are the three pillars of project management?

The project management “triangle” of scope, time, and cost has been informing projects ever since the first team member was hired to accomplish a job. In the basic setup of a triple constraint, one of three elements (or possibly more) can constrain a project. The elements are budget/cost, time/schedule, and scope.

What are the 10 knowledge areas of project management?

These are the 10 Project Management knowledge areas:Project Integration Management.Project Scope Management.Project Schedule Management.Project Cost Management.Project Quality Management.Project Resource Management.Project Communications Management.Project Risk Management.More items…•

What is Project processes?

Project process corresponds to the project implementation that is divided into sub processes. … The components of the project process are: project start, project preparation, project planning, project implementation and project completion. The two last components should contain also the project decision.

How many processes are there?

So there are 49 processes in PMBOK 6 (47 PMBOK 5 processes + 3 new processes – 1 process).

Why Project Management is a process?

Project management process is an administration process for the planning and control of the services or the implementation of a project. … The results of one of these processes are: delivery of the project product; achievement of the project objectives; documentation of the learning processes.

What are the 4 phases of project management?

There are 4 project life cycle phases: initiation, planning, execution, and closure.

How do I memorize PMP processes?

How to Memorize the PMP Process Chart in the PMBOK GuideStep 1: Draw a 6×11 chart. … Step 2: Write out your Process Groups and Knowledge Areas. … Step 3: Fill in the corners. … Step 4: Fill in your “Plan” processes. … Step 5: Fill in your “Estimate” processes. … Step 6: Fill in your “Perform” processes. … Step 7: Fill in your “Develop” processes. … Step 8: Fill in your “Control” processes.More items…•

What are the six phases of project management?

These include preparing handbooks, training the end users, setting up support team, writing project report, evaluating the project, transferring to the concerned team and dismantling the project. The six-phase model is designed on the rule – ‘think before you act’.

What is the most important process in project management?

Project execution and monitoring phase. This is the main and most important stage of your entire project management life cycle. It is the real start of the project.