Quick Answer: What Are Project Management Processes?

What are the five project management processes?

Developed by the Project Management Institute (PMI), the five phases of project management include conception and initiation, planning, execution, performance/monitoring, and project close.

PMI, which began in 1969, is the world’s largest nonprofit membership association for the project management profession..

What are examples of project management?

Project management is the science and art of organizing all the components of a project. For example, the launching of a new service, a marketing campaign, or the development of a new product are projects. In fact, even a wedding is a project that requires management.

How do I memorize PMP processes?

How to Memorize the PMP Process Chart in the PMBOK GuideStep 1: Draw a 6×11 chart. … Step 2: Write out your Process Groups and Knowledge Areas. … Step 3: Fill in the corners. … Step 4: Fill in your “Plan” processes. … Step 5: Fill in your “Estimate” processes. … Step 6: Fill in your “Perform” processes. … Step 7: Fill in your “Develop” processes. … Step 8: Fill in your “Control” processes.More items…•

How many processes are there?

So there are 49 processes in PMBOK 6 (47 PMBOK 5 processes + 3 new processes – 1 process).

What does project management include?

On a very basic level, project management includes the planning, initiation, execution, monitoring, and closing of a project. Many different types of project management methodologies and techniques exist, including traditional, waterfall, agile, and lean.

What is the project management life cycle?

The project management life cycle is usually broken down into four phases: initiation, planning, execution, and closure. These phases make up the path that takes your project from the beginning to the end.

What are the 10 knowledge areas of project management?

The knowledge areas are the core technical subject matter, which are necessary for effective project management.Project Integration Management. … Project Scope Management. … Project Time Management. … Project Cost Management. … Project Quality Management. … Project Human Resource Management. … Project Communications Management.More items…•

What are the three pillars of project management?

The project management “triangle” of scope, time, and cost has been informing projects ever since the first team member was hired to accomplish a job. In the basic setup of a triple constraint, one of three elements (or possibly more) can constrain a project. The elements are budget/cost, time/schedule, and scope.

What are the six phases of project management?

These include preparing handbooks, training the end users, setting up support team, writing project report, evaluating the project, transferring to the concerned team and dismantling the project. The six-phase model is designed on the rule – ‘think before you act’.

What are the 9 knowledge areas of project management?

PMBoK Knowledge Areas: 9 Must Know Aspects Related to PMProject Integration Management. … Project Scope Management. … Project Time Management. … Project Cost Management. … Project Quality Management. … Project Human Resource Management. … Project Communication Management. … Project Risk Management.More items…•

What are the types of project management?

While there are numerous project management types, there are seven primary ones that get used the most often.Waterfall Project Management. … Agile Project Management. … Scrum Project Management. … Kanban Project Management. … Lean Project Management. … Six Sigma Project Management. … PRINCE2 Project Management.

What are the 5 process groups?

There are 5 phases to the project life cycle (also called the 5 process groups)—initiating, planning, executing, monitoring/controlling, and closing. Each of these project phases represents a group of interrelated processes that must take place.

How many processes are there in project management?

47 processesWell, it includes the 47 processes that make-up the PMBOK Guide to successful project management. The 47 processes are broken down into two groupings – by process group (also known as project phase) and knowledge areas.

What are the 4 P’s of project management?

There are 4 critical components puff project management which is known as the ‘4Ps” namely Product, Process, People, Project.