What Are the 5 Project Management Process Groups?Ī project management process consists of five process groups:Ī project begins with the initiation phase, where a project begins as a conceptualized idea. An output or “exit criteria” that leads into another process (such as a deliverable, approval, signed document, and so on).The use of an application, tool, system, or technique.An input or “entrance criteria” to another process.Processes that are followed continuously throughout the projectĮach project management process is comprised of the following:.Processes that are followed, depending on project needs.Processes that are followed at specific points in the project life cycle.In its most basic form, a project management process supports the project lifecycle and can vary depending on the needs of the project and can typically fall into several categories: It can also help them save crucial time, money, and effort, ultimately benefiting the bottom line. Going through all the stages of the process carefully and correctly can help a business become more efficient in fulfilling the needs and requirements of the project. Processes need to be in place in order to execute and complete projects successfully.Īfter all, this is project management at work.Īlthough project management at its core relies on processes for managing and completing projects, project management itself also requires a process. They run campaigns, roll out events, launch products or services, initiate new procedures internally and externally, and perform many other activities. Project Management 5 Phases of a Project Management Process Dec 30, 2021īusinesses take on many different projects to fulfill their corporate goals.
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