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Developing a project needs five processes that should be performed to make any project a success. Theses processes or phases include:

Initiation

Planning

Execution

Monitoring

Closing

Initiation phase is to create a document highlighting the need for this project, the returns on the investment made on the project as well as its viability.

In the planning phase green signal is given to the project planning and the team led by the project manager gets down to the nitty-gritty of each and every aspect of the project such as schedules, tasks, assignments, roles, etc. This leads to the allocation of resources (human, material, and finances).

In the execution phase, the implementation is started by assigning tasks to various members and team, overseeing their work, and hauling up the laggards is undertaken.

In monitoring phase monitoring and measuring of the project, deadlines, resources, issues, etc takes place. Issues and problems can arise. Managing these challenges and changes smoothly is integral to the proper execution of any project.

In the closing phase, all the deliverables associated with the project are keyed in. All loose ends tied up and successful closure of the project based on its outcomes achieved.

These are the phases of the Project Management Life Cycle. If you want to manage your projects more efficiently and smoothly then you should go for a project management app.

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Continue Learning about Management

Do you like project management institute?

Yes. The PMI (Project Management Institute) is the premier institute that determines Project Management processes and methodologies.


What are the main processes in project quality management?

The main processes in Project Quality Management are: quality planning and assurance, quality control and quality improvement


Define project management?

PROJECT MANAGEMENT:- Project management is a methodical approach to planning and guiding project processes from start to finish. According to the Project Management Institute, the processes are guided through five stages: initiation, planning, executing, controlling, and closing. -------RAJESH KUMAR(Lohrajpur)


What is the project plan and its parts?

Below are some issues that a Project Management Plan is expected to address.1. Which project management processes will be used for this process, what the level of implementation for each of these processes will be, and what the inputs and tools and techniques for these processes are2. How the changes will be monitored and controlled3. What the needs and techniques for communication among the stakeholders are4. How the project lifecycle looks, including the project phases if the project is a multiphase project5. The lifecycle selected for the project at handThe Project Plan includes a bunch of Subsidiary plans like:Schedule Management PlanScope Management PlanCost Management PlanRisk Management PlanQuality Management PlanRequirements Management PlanProcess Improvement PlanHR Management PlanProcurement Management Plan andCommunication Management Plan


What are the issues that a Project Management Plan is expected to address?

Below are some issues that a Project Management Plan is expected to address. 1. Which project management processes will be used for this process, what the level of implementation for each of these processes will be, and what the inputs and tools and techniques for these processes are 2. How the changes will be monitored and controlled 3. What the needs and techniques for communication among the stakeholders are 4. How the project lifecycle looks, including the project phases if the project is a multiphase project 5. The lifecycle selected for the project at hand

Related Questions

Do you like project management institute?

Yes. The PMI (Project Management Institute) is the premier institute that determines Project Management processes and methodologies.


What are the main processes in project quality management?

The main processes in Project Quality Management are: quality planning and assurance, quality control and quality improvement


Define project management?

PROJECT MANAGEMENT:- Project management is a methodical approach to planning and guiding project processes from start to finish. According to the Project Management Institute, the processes are guided through five stages: initiation, planning, executing, controlling, and closing. -------RAJESH KUMAR(Lohrajpur)


What information from subsidiary plans is inculded in the project management plan?

Procurement processes Quality management processes


When Project management is effective?

The only way that these objectives can be met is through the use of effective project management processes and techniques.


What is the project plan and its parts?

Below are some issues that a Project Management Plan is expected to address.1. Which project management processes will be used for this process, what the level of implementation for each of these processes will be, and what the inputs and tools and techniques for these processes are2. How the changes will be monitored and controlled3. What the needs and techniques for communication among the stakeholders are4. How the project lifecycle looks, including the project phases if the project is a multiphase project5. The lifecycle selected for the project at handThe Project Plan includes a bunch of Subsidiary plans like:Schedule Management PlanScope Management PlanCost Management PlanRisk Management PlanQuality Management PlanRequirements Management PlanProcess Improvement PlanHR Management PlanProcurement Management Plan andCommunication Management Plan


What are the key concepts related to how the project integration management processes are linked?

All deliverables are compared to the project management plan... Work performance information and change requests are used to... The project charter is the foundation for the project management...


What are the issues that a Project Management Plan is expected to address?

Below are some issues that a Project Management Plan is expected to address. 1. Which project management processes will be used for this process, what the level of implementation for each of these processes will be, and what the inputs and tools and techniques for these processes are 2. How the changes will be monitored and controlled 3. What the needs and techniques for communication among the stakeholders are 4. How the project lifecycle looks, including the project phases if the project is a multiphase project 5. The lifecycle selected for the project at hand


Can you define waterfall project management and explain how it is used in project management processes?

Waterfall project management is a linear and sequential approach to managing projects. It involves breaking down the project into distinct phases, with each phase being completed before moving on to the next. This method is used in project management processes to provide a structured and organized framework for planning, executing, and completing projects.


How many project management processes are defined in the pmbok guide?

42


Which process-related components do you need to consider for the project management plan?

Procedures for carrying out work... Phases or life cycle stages of the project Tailored project management processes


What information from subsidary plans is included in the project management plan?

Quality management processes Procurement process