The Closing Process Group consists of the process(es) performed to formally complete or close a project, phase, or contract. PMBOK 6 So the project that we initiated with the Initiating phase is coming to an end with the Closing Process Group. A process which is mostly overlooked as resources are moved to other projects or […]
The Monitoring and Controlling Process Group consists of those processes required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes. PMBOK 6 How do you know the current status of your project? How is the current […]
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 by the stakeholders at the […]
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, you are planning to fail […]
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 helps in to understand the […]
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 Extreme Programming (XP), an Agile […]
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 what works in the real […]
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, outputs, and life cycle phases […]
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 an effective strategy for intended […]
