49 Project Management Processes

Overview

• Project management involves guiding a project from start to finish within budget and time constraints.
• Follows guidelines and best practices from the PMBOK Guide.
• PMP (Project Management Professionals) certification validates project management skills.

5 Phases of Project Management

1. Project Initiation
2. Project Planning
3. Project Execution
4. Project Monitoring and Control
5. Project Closure

10 Knowledge Areas

1. Project Integration Management
2. Project Scope Management
3. Project Schedule Management
4. Project Cost Management
5. Project Quality Management
6. Project Resource Management
7. Project Communications Management
8. Project Risk Management
9. Project Procurement Management
10. Project Stakeholder Management

49 Processes in Project Management

Integration Management Processes

• Develop Project Charter: Authorizes project existence, outlines objectives, stakeholders, requirements.
• Develop Project Management Plan: Combines all project plans into a single plan; approved by stakeholders.
• Direct and Manage Project Work: Leads and controls project activities; outputs include deliverables, change requests.
• Manage Project Knowledge: Uses existing knowledge to improve processes.
• Monitor and Control Project Work: Tracks, reviews, and reports project progress.
• Perform Integrated Change Control: Manages change requests effectively across departments.
• Close Project or Phase: Finalizes deliverables and prepares closure documentation.

Scope Management Processes

• Plan Scope Management: Documents scope definition and management.
• Collect Requirements: Gathers requirements from stakeholders to meet project objectives.
• Define Scope: Documents what is included/excluded in the project.
• Create WBS: Develops Work Breakdown Structure for task assignments.
• Validate Scope: Ensures final deliverables meet project scope.
• Control Scope: Manages changes to scope during project activities.

Schedule Management Processes

• Plan Schedule Management: Ensures timely completion of project activities.
• Define Activities: Lists project activities needed for project execution.
• Sequence Activities: Prioritizes and sequences project activities.
• Estimate Activity Durations: Documents time allotted for each activity.
• Develop Schedule: Combines components into a project timeline.
• Control Schedule: Monitors time taken to complete activities.

Cost Management Processes

• Plan Cost Management: Establishes guidelines for planning, managing, and controlling costs.
• Estimate Costs: Determines monetary resources needed for activities.
• Determine Budget: Combines costs to set the project's cost baseline.
• Control Costs: Monitors individual activity costs against the budget.

Quality Management Processes

• Plan Quality Management: Identifies quality standards for project outputs.
• Manage Quality: Integrates quality policies into project activities.
• Control Quality: Ensures project outputs meet standards and expectations.

Resource Management Processes

• Plan Resource Management: Identifies resources needed for activities.
• Estimate Activity Resources: Assesses the type and quantity of resources needed.
• Acquire Resources: Secures necessary team members and equipment.
• Develop Team: Enhances team skills and interaction.
• Manage Team: Tracks performance and resolves issues.
• Control Resources: Ensures resource allocation aligns with the plan.

Communications Management Processes

• Plan Communications Management: Plans communication according to stakeholder needs.
• Manage Communications: Ensures messages are correctly distributed and understood.
• Monitor Communications: Oversees communication throughout the project lifecycle.

Risk Management Processes

• Plan Risk Management: Prepares for identifying and managing potential risks.
• Identify Risks: Documents possible project-affecting risks.
• Perform Qualitative Risk Analysis: Analyzes risk probability and impact.
• Perform Quantitative Risk Analysis: Numerically assesses risk impacts.
• Plan Risk Responses: Develops strategies for risk mitigation.
• Implement Risk Responses: Executes action plans for identified risks.
• Monitor Risks: Tracks risks and their responses.

Procurement Management

• Plan Procurement Management: Documents procurement needs and potential suppliers.
• Conduct Procurements: Selects sellers and finalizes procurement agreements.
• Control Procurements: Manages procurement relationships and contract performance.

Stakeholder Management

• Identify Stakeholders: Recognizes key stakeholders based on skills and performance.
• Plan Stakeholder Engagement: Plans how to engage with stakeholders effectively.
• Manage Stakeholder Engagement: Interacts with stakeholders to meet expectations.
• Monitor Stakeholder Engagement: Ensures efficient stakeholder interaction.

Additional Resources

• PMP Certification Training and other professional courses by iCert Global.
• Various recommended posts and resources for PMP exam preparation.

Visit iCert Global for more information on certification training courses.