This section identifies and describes the five Project Management Process Groups required for any project. These five process Groups have clear dependencies and are performed in the same sequence on each project.
The five Process Groups are :
Initiating Process Group - Defines and authorizes the project or a project phase
Planning Process Group - Defines and refines objectives, and plans the course of action required to attain the objectives and scope that the project was undertaken to address.
Executing Process Group - Integrates people and other resources to carry out the project management plan for the project
Monitoring and Controlling process Group - Regularly measures and monitors progress to identify variances from the project management plan so that corrective action can be taken when necessary to meet project objectives.
Closing Process Group - Formalizes acceptance of the product, service or result and brings the project or a project phase to an orderly end.