1. Strategic Project Management 1 SPM Processes Project Management Processes zA process is "a series of actions bringing about a result". zThe purpose of project management processes is to identify, establish, coordinate, and monitor the activities and resources necessary for a project to produce the product or service that best satisfies the project objectives.

2. Strategic Project Management 2 SPM Processes Process Outcomes ythe scope of the work will be defined; ythe tasks and resources required will be sized and estimated; ythe feasibility of achieving the objectives of the project with the available resources and constraints will be evaluated; yinterfaces between the elements of the project, and with other projects, will be identified and monitored;

3. Strategic Project Management 3 SPM Processes Process Outcomes (continued) yPlans for execution will be developed and implemented; yprogress will be monitored and reported; ycorrective and preventative actions will be identified and taken.

4. Strategic Project Management 4 SPM Processes Process Groups zProject management process can be organized into five major groups. yInitiating Processes yPlanning Processes yExecuting Processes yControlling Processes yClosing Processes zSee PMI BOK Figures 3-1 and 3-2

5. Strategic Project Management 5 SPM Processes Processes within Process Groups zPMI BOK Figures 3-4 through 3-8 show the processes within each of the process groups. ythere are a few differences between 1996 ed. and 2000 ed. (primarily for Risk Mgmt) zIn this course, our focus will primarily be in the Planning Group (Fig. 3-5) and the Controlling Group (Fig 3-7). yLet’s take a look at these two figures.

6. Strategic Project Management 6 SPM Processes For Next Week zPlease read Chapter 6 of the PMI BOK. zIf you are unable to acquire a copy of the book, let me know and I’ll have a copy of the 1996 edition sent to you.