Identify and descripe the implications of the five process groups of project management. Choose one of the implications and provide an example to illustrate your understanding.
The implications of the five process groups of project management
(1) Initiating process group - this mainly involves clarifying the objectives of the project, and identifying what is needed in order to effectively achieve the objectives of the project. It is during this process that authorization for the project or project phase is obtained, objectives, outcomes and success criteria are defined, resources are allocated and a project manager is assigned. The key outputs during this phase include preparation of the project charter, performing a feasibility study and producing other stakeholder-related documents.
(2) Planning process group ...
This solution identifies and describes the implications of the five process groups of project management, The solution highlights the activities performed during each process group as well as the key outputs.