What are Project Management Process Groups?

Project management Process Groups divide the many activities involved in project management into discrete phases. In project management, five Process Groups are recognized:

1. Initiating – This stage include defining the project, its goals, and identifying stakeholders. It is about legally approving the project and ensuring that all stakeholders understand its purpose and goal.

2. Planning – Project plans and strategies are established during this period. Creating a complete project management plan, defining scope, establishing objectives, setting dates, developing a budget, and identifying possible hazards are all part of this process.

3. Executing- This phase entails carrying out the project plan. It include coordinating resources, managing stakeholders, and supervising real work. The project manager ensures that everything remains on track and follows the set plan.

4. Monitoring and Controlling – Monitoring and controlling guarantee that everything goes as planned throughout the project lifetime. It entails monitoring progress, comparing actual performance to the plan, managing adjustments, and taking remedial steps as needed.

5. Closing – The project is formally closed during the closure phase. Delivering the final product to the client, gaining their approval, completing all project closing procedures, releasing project resources, and archiving project papers are all part of it.