Project Management Essentials - Mod 1/Ch 1
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What are the 5 Project Management Process Groups?
1. Initiating 2.Planning 3.Excuting 4.Montioring & Control 5.Closing
Project
A Unique process, not an everyday business process. It has a start and an end date.
What are the 10 knowledge areas?
Integration Scope Time Cost Quality Human Resource Communication Risk Procurement Stakeholder
Project Stakeholder
Someone with a stake in how the project goes.
Project Portfolio
a collection of diverse projects managed collectively to align with the organization's strategy and overall plan to achieve competitive advantage
