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The 5 Process Groups

14 Feb

single phase

I currently work at a large gaming organization in Nevada, where in the last couple of years I have taken on managing the pricing for new and used slot machine and option pricing, and most recently, managing new incentive promotions and programs.   While this has been an interesting and challenging role, I really have enjoyed working with the cross-functional team members, looking for several areas for improvement, and ways efficiencies so we can implement these projects in a faster pace.

Through my experience in managing projects, I begin my second blog discussing the 5 process groups used in project management.  Each of these processes can be expanded into further detail, which I plan to do as I continue my blog, but wanted to start with introductory piece to get you started:

  • Initiating-START: Defining and authorizing a project or project phase
  • Planning-PLAN: Devising and maintaining a workable scheme to ensure that the project addresses the organization’s needs
  • Executing-DO: Coordinating people and resources to carry out the various plans and produce the products, services or results of the project or phase
  • Monitoring and Controlling-CHECK & ACT: Regularly measuring and monitoring progress to ensure that the project objectives are met
  • Closing-END: Formalizing acceptance of the project or phase, closing out contracts, documenting lessons learned
—Project management can be viewed as a number of interlinked processes.  —The PM process groups do not occur sequentially, but rather they overlap.  Example:  Monitor and Controlling Processes are performed throughout the project’s life span.

 

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Posted by on February 14, 2011 in Planning a Project

 

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