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The Marketing Manager of LRH Products is very impressed with your work thus far and has asked you to be part of a group formed to create some project management related corporate training documentation.

Individual Portion: Divide the following topics among each member within your group. Individually, research your topic. Your role is to be the expert in that topic area so be sure to respond to any questions your group members may have with regard to your topic. Your response will be 1500 - 1750 words in length.

My section is: Process Phases and Knowledge Areas. Describe each of the phases of the project management process and its related knowledge areas. List the major activities in each phase.

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The Marketing Manager of LRH Products is very impressed with your work thus far and has asked you to be part of a group formed to create some project management related corporate training documentation.

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Project management phases include:

Initiation, Planning, Executing, Control & Monitor, And Closing.

Initiation is a process that occurs at the very beginning of a project. This is when stakeholders decide to acknowledge a need for a project. An example would be when a company reviews its existing IT infrastructure and finds a need to upgrade the infrastructure for implementing advanced software applications.

Planning is the process that will formulate project goals and objectives. Planning includes the most processes of all the project management process groups. Documentation developed during the planning process is critical to the executing, controlling & monitoring, and closing process groups. Planning is very important because it has effects on all the other areas of project management and include budget reviews, activity definitions, project scope, schedule development, risk ID, Staffing, procurement planning, etc.

Executing is the process that will put the project plans to work. This is ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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