THE STANDARD FOR PROJECT MANAGEMENT OF A PROJECT...A process is a set of interlaced actions and activities performed to achieve a pre-specified product,result or a service. To achieve project goals balance demands of scope,time,cost,quality,resources and risk. Project processes in general belong to one of two categories:Project management processes and Product oriented processes.
Project managers and their teams should carefully address each process and its constituent inputs and outputs.This effort is known as tailoring. Be aware of the fact that project exist within an organization and can not operate as a closed system. The project processes may generate information to improve the management of the future projects.
PM processes are grouped in 5 PM Process Groups:
- Initiating Process Group
- Planning Process Group
- Executing Process Group
- Monitoring and Controlling Process Group
- Closing Process Group
COMMON PROJECT MANAGEMENT PROCESS INTERACTIONS - The PM processes are discrete elements with well defined interfaces, but application of the PM processes is iterative and many processes are repeated during the project. When a project is divided into phases,the Process Groups are invoked as appropriate to effectively drive the project to completion in a controlled manner
PROJECT MANAGEMENT PROCESS GROUPS - The Process Groups are not project phases. When complex project is separated into distinct phases or sub-projects, all of the Process Groups will be repeated for each phase or sub-project.
INITIATING PROCESS GROUP: define new project or new phase in a existing project; define scope, define internal and external stakeholders; select project manager; write project charter. Involving customers and other stakeholders during initiation generally improves the probability of shared ownership, deliverable acceptance and customer and other stakeholder satisfaction. Initiating process may be performed by organizational, program or portfolio processes external to the project's scope of control. As part of the initiating process the project manager is given the authority to apply organizational resources to the subsequent project activities.
- DEVELOP PROJECT CHARTER - develop a document that formally authorizes a project or a phase and document initial requirements that satisfy the stakeholder's needs and expectations.
- IDENTIFY STAKEHOLDERS - identify all people and organizations impacted by the project,document relevant information regarding their interests,involvement and impact on project success.
- PLANNING PROCESS GROUP - ...establish scope,define objectives,develop course of actions;develop project management plan and project documents. The progressive detailing of the project management plan is often called rolling wave planning, indicating that planing and documentation are iterative and ongoing processes. Planing process group:
- Project scope management: collect requirements,define scope,create WBS
- Project time management: define activities,sequence activities,estimate activity resources,estimate activity durations,develop schedule
- Project cost management: estimate costs,determine budget
- Project quality management: plan quality
- Project human resource management: develop human resource plan
- Project communications management:plan communications
- Project procurement management: plan procurements
- Project risk management: plan risk management, identify risks, perform qualitative risk analysis, perform quantitative risk analysis, plan risk responses
- Project management plan: Based on on all plans above develop
- DEVELOP PROJECT MANAGEMENT PLAN ...page 78..more to come