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Sunday, December 18, 2011

Chapter 40: Summary - Project Management Process Groups

Not all project management processes apply to all projects or project phases. Process groups can overlap and interact. Forty-two project management processes are contained within the five project management process groups:
1. Initiating
2. Planning
3. Executing
4. Monitoring and controlling
5. Closing

Initiating Process Group

The Initiating Process Group Formally authorizes new project or project phase. The two processes in it are:
1. Develop project charter - Authorizing project or project phase. The project charter defines the project’s purpose, identifies objectives, and authorizes the project manager to start the project.
2. Identify stakeholders - Documents all of the people or organizations that have an interest in the outcome of the project and their level of interest, impact, and involvement.

Planning Process Group

The Planning Process Group Defines objectives and plans course of action required to meet objectives and project scope. It also facilitates project planning across process groups. The Processes in the Planning Process Group are:
1. Develop project management plan - Primary source for how project is planned, executed, monitored, controlled, and closed. It’s an iterative and ongoing process often resulting in changes to the project management plan. This progressive detailing is called rolling wave planning.
2. Collect requirements - Documenting the stakeholders’ needs to meet the project objectives.
3. Define scope - Developing a detailed project scope.
4. Create WBS - Subdividing major project deliverables and project work into smaller, more manageable components.
5. Define activities - Identifying specific activities to be performed to produce project deliverables.
6. Sequence activities - Identifying and documenting dependencies among schedule activities.
7. Estimate activity resources - Type and quantity of resources required to perform each schedule activity.
8. Estimate activity durations - Number of work periods needed to complete individual schedule activities.
9. Develop schedule - Analyzing activity sequences, durations, resource requirements, and schedule constraints to create project schedule.
10. Estimate costs - Developing approximation of costs of resources needed to complete project activities.
11. Determine budget - Aggregating estimated costs of individual activities to establish cost baseline.
12. Plan quality - Identifying relevant quality standards and determining how to satisfy them.
13. Develop human resource plan - Identifying and documenting project roles, responsibilities, and reporting relationships.
14. Plan communications - Determining stakeholder communication needs.
15. Plan risk management - Deciding how to approach, plan, and execute risk management activities.
16. Identify risks - Determining which risks might affect the project and documenting their characteristics.
17. Perform qualitative risk analysis - Prioritizing risks for subsequent further analysis by assessing and combining their probabilities of occurrence and impacts.
18. Perform quantitative risk analysis - Numerically analyzing the effect on project objectives of identified risks.
19. Plan risk responses - Developing options to enhance opportunities and reduce threats to project objectives.
20. Plan procurements - Documenting products, services, and results requirements and identifying potential sellers.

Executing Process Group

The Executing Process Group Integrates resources to carry out project management plan. The processes in this group are
1. Direct and manage project execution - Directing technical and organization interfaces to execute work defined in project management plan.
2. Perform quality assurance - Applying planned, systematic quality activities to ensure project employs processes needed to meet requirements.
3. Acquire project team - Obtaining human resources needed to complete project.
4. Develop project team - Development improves competencies and interaction of team members.
5. Manage project team - Tracking team member performance, providing feedback, resolving issues, and coordinating changes to enhance project performance.
6. Distribute information - Providing information to stakeholders in a timely manner.
7. Manage stakeholder expectations - Managing stakeholder expectations to satisfy their requirements and resolve issues.
8. Conduct procurements - Obtaining seller responses, selecting sellers, and awarding contracts.

Monitoring and Controlling Process Group

The Monitoring & Controlling Process Group Monitors progress to identify variances from the project management plan so corrective action can be taken to meet project objectives. The processes in this group are:
1. Monitor and control project work - Collecting, measuring, and disseminating performance information and assessing measurements and trends to affect process improvements. Includes risk monitoring to ensure risks are identified early, their statuses reported, and risk plans executed. Monitoring includes status reporting, progress measurement, and forecasting.
2. Perform integrated change control - Ensure changes are beneficial; determine whether a change has occurred; and manage approved changes, including when they occur. Performed throughout project life cycle.
3. Verify scope - Acceptance of completed project deliverables.
4. Control scope - Controlling changes to project scope.
5. Control schedule - Controlling changes to project schedule.
6. Control costs - Influencing factors that create variances and controlling changes to project budget.
7. Perform quality control - Monitoring project results to determine compliance with quality standards and identifying ways to eliminate unsatisfactory performance.
8. Report performance - Collecting and distributing performance information, including status reporting, progress measurement, and forecasting.
9. Monitor and control risks - Tracking identified risks, monitoring risks, identifying new risks, executing risk response plans, and evaluating their effectiveness throughout the project life cycle.
10. Administer procurements - Managing contract between buyer and seller, reviewing and documenting seller performance, and managing contractual relationship with outside buyer of project.

Closing Process Group

The Closing Process Group Formalizes acceptance of product, service, or result and brings project or project phase to an end. The processes in this group are:
1. Close project or phase - Finalizing all activities across process groups to formally close project or project phase.
2. Close procurements - Completing each procurement, including resolution of open items, and closing each procurement relevant to project or project phase.

Prev: Chapter 39

Next: Chapter 41

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