The project management processes are related with defining, organizing and managing the scope of the project. In order to understand better, let’s define the “project” term.
A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources and a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal .
Project management is the implemetation of knowledge, talents, techniques and methods to project tasks in order to achieve the project’s goals. Project management has several dimensions based on the type and magnitute of project.
In briefly, project management is the method of selecting, organizing, planning, managing and controlling resources to meet the project’s requirements.
Project Management Processes
According to PMBOK Guide, Project management has five interrelated processes;
4. Monitoring and Controlling
An idea for a project will be analyzed considering it’s benefits and incomes for the stakeholders in the initiating phase. Project charter and scope will be clearly defined, project’s schedule, budget and resources will be determined in the planning phase. The executing phase is usually the longest phase in the project life cycle in which the physical project deliverables will be built and presented to the client.
In the monitoring and controlling phase, project management teams will compare and report the planned and the actual status of the project. During this phase, project managers will make adjustments to to keep the project on track.
The closing phase comes after the completion of all the scope of work and project management processes. Closing process is a formal process includes the formal agreement of completion of the project between the parties.
Although project types and project management processes vary from industry to industry, above project management phases are traditional phases for almost all the projects.
Project Management Knowledge Areas
The PMBOK Guide defines ten knowledge areas for a successfull project management.
7. Human resources
9. Risk management
10. Stakeholder management
These ten knowledge areas provide a direction to organize and classify knowledge and skills required in a particular specialty in project management. Processes and tasks are group into common areas. By grouping many processes and tasks into a few areas, it’s easier to know and recognize.
Gaining expertise in all of these knowledge areas can help project managers to become more successfull in their organizations. Project managers need to know each of the processes and have the skills to accomplish their tasks.