WK2D1 Unit 1 Assignment
WK2D1 ASSIGNMENT
1. Before initiating a project, there must be a need to change, make improvements, or create a new product or service. A process is a series of actions directed toward a particular result, or function controlled by the project management process groups. These groups concentrate on the initiation, monitoring, controlling and closing of all activities that relate to a specific project. Although there maybe distinctive project phases, all projects will include all five process groups * The initiating process defines and authorizes a project or a project phase, both the start and end of a project. There is always the need to initiate the activities that guarantees the project team completes all the tasks defined. …show more content…
Developing the project team, distributing information, managing stakeholder anticipations and conducting procurements are examples of executing processes. * Monitoring and controlling processes are the systematic measuring and monitoring of progress to ensure that the project team meets all objectives. A collective monitoring and controlling process is reporting performance, where project stake holders can identify any necessary changes that may be required to keep the project on track. * Closing processes finalize all activities across all process groups to formally close the project phase. Examples of closing processes are archiving project files, closing contracts, documenting lessons learned and receiving acknowledgement of project completion.
2. While each of the project management process groups is important, the time spent for each process affects the total outcome of the project success. Research shows that certain areas require more attention. Guidelines suggest that good project managers spend at least 2 percent of project time to initiating and
1. Before initiating a project, there must be a need to change, make improvements, or create a new product or service. A process is a series of actions directed toward a particular result, or function controlled by the project management process groups. These groups concentrate on the initiation, monitoring, controlling and closing of all activities that relate to a specific project. Although there maybe distinctive project phases, all projects will include all five process groups * The initiating process defines and authorizes a project or a project phase, both the start and end of a project. There is always the need to initiate the activities that guarantees the project team completes all the tasks defined. …show more content…
Developing the project team, distributing information, managing stakeholder anticipations and conducting procurements are examples of executing processes. * Monitoring and controlling processes are the systematic measuring and monitoring of progress to ensure that the project team meets all objectives. A collective monitoring and controlling process is reporting performance, where project stake holders can identify any necessary changes that may be required to keep the project on track. * Closing processes finalize all activities across all process groups to formally close the project phase. Examples of closing processes are archiving project files, closing contracts, documenting lessons learned and receiving acknowledgement of project completion.
2. While each of the project management process groups is important, the time spent for each process affects the total outcome of the project success. Research shows that certain areas require more attention. Guidelines suggest that good project managers spend at least 2 percent of project time to initiating and