Five Project Management Process Groups Paper

Describe what happens in each of the five project management process groups (initiating, planning, executing, monitoring and controlling, and closing). Initiating a process is where the project begins. The tasks that are part of the initiation process are to identify and understand the project stakeholders, creating the project charter and holding a kick-off meeting. The project stakeholders are usually the project sponsor, the project team, the support staff and the internal customers. The project charter is a document that formally recognizes the existence of a project and provides a summary of the projects objectives and management. (Schwalbe, K, pg. 97) The planning process group is responsible for the success of the project. It keeps

This is also where the teams should spend most of their efforts. During the executing process a deliverable is created. A deliverable is a product or service that is produced or provided as part of the project. (Schwalbe, K, pg. 77) Project managers can implement several process during this stage which include coordinating the planning and execution, developing the soft skills of the team, providing a supportive organizational culture, breaking the rules when needed, capitalizing on product, business and application area knowledge, and using the project tools and

The team should spend most of its time on the executing process then planning.

Why? The executing process is where the real work of the project is done. However, planning is also an important key to the executing process. With correct and well thought out, planning the executing process will run smoothly and can finish on time or ahead of time. The executing process is where the real work of the project is done. It is where the process team creates the product, or service.

Why is it helpful to follow a project management methodology? Project management methodologies are all about specifying the best way to initiate, plan, and execute projects. ("Project Management Methodologies for Beginners - Workfront," n.d.) A project management methodology is tailored to the company on how things should be done. While a project manager can be successful in project management, every single company is distinct for everyone. Because of this organic nature of each company and project management methodology is useful, it looks to the needs of each team and adjusts to fitting the style needed and how each team should