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The Executing Process Group consists of those processes performed to complete the work defined in the project management plan to satisfy the project requirements. PMBOK 6 The processes in Executing Process Group deal with the completion of the work defined in the Project Management Plan which is completed and approved
The Planning Process Group consists of those processes that establish the total scope of the effort, define and refine the objectives, and develop the course of action required to attain those objectives. A Guide to the Project Management Body of Knowledge (PMBOK Guide) Sixth Edition If you fail to plan,
The Initiating Process Group consists of those Project management processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. PMBOK This is the first Project Management process group that translates the idea into a project. It
A metaphor is a figure of speech that describes something by referring to something else with similar characteristics. It is used to make comparisons between two unlike things and helps to explain complex or abstract concepts in a simple and relatable way. The XP Metaphor is a central concept in
Models, Artifacts and Methods are a set of tools to help you get the Project Management job done. PMi Calls them Options for Enabling Outcome Models Models help us to see complex reality as simple, simplified things and show us approaches to optimise our actual work. They help to explain
In project management, there isn’t a universal method that fits every project. Each project is distinct and comes with its own set of needs. To ensure we’re equipped with the most suitable tools, we need to focus heavily on tailoring. Tailoring: Determining the appropriate combination of processes, inputs, tools, techniques,
Value Delivery System is an all-inclusive approach through which projects accomplish business value. Corporate value is typically associated with tangible and intangible advantages received by users, employees and other business professionals. Projects are considered the key vehicle that delivers business value by reaching corporate objectives. The 7th Edition put forth
The Standard of Project Management and PMBOK 7 (“The dawn of a new era!) (Download) The Seventh Edition is a whole new beast. We are really focusing not so much on the outputs like we have seen before. We are focusing more on the outcomes. By Cyndi Dionisio, member of PMBOK
A principle is usually defined as a statement of: PMI’s guiding definition of a principle is: A statement that captures and summarizes a generally accepted objective for the practice of the disciplines and functions of portfolio, program, and project management. These 12 Project Management Principles include stewardship, teamwork, stakeholder engagement, value
