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42 PMI PMBOK 4th Edition Project Management Process Chart Area Initiating Planning Executing Monitoring & Controlling 4. 1. Develop project 2. Develop project 3. Direct and manage 4. Monitor and control INTEGRATION charter management plan project execution project work 5. Perform integrated change control 5. 1. Collect requirements 4. Verify scope SCOPE 2. Define scope 5. Control scope 3. Create WBS 6. 1. Define activities 6. Control schedule TIME 2. Sequence activities 3. Estimate activities resources 4.Estimate activity duration 5. Develop schedule 7. 1. Estimate costs 3. Control costs COST 2. Determine budget 8. 1. Plan quality 2. Perform quality 3. Perform quality QUALITY assurance control 9. 1. Develop human resource 2. Acquire project team HUMAN plan 3. Develop project team RESOURCE 4. Manage project team 10. 1. Identify stakeholders 2. Plan communications 3 Information distribution 5. Report performance COMMUNICATIONS 4. Manage stakeholder expectations 11. 1. Plan risk management 6. Monitor and control RISK risks 2. Identify risks 3. Perform qualitative risk analysis 4. Perform quantitative risk analysis 5. Plan risk response 12. 1. Plan procurements 2. Conduct procurements 3. Administer PROCUREMENT procurements Closing 6. Close project or phase 4. Close procurements 1 from 2 Initiating Select project manager Determine company culture and existing systems (EEFs) Collects processes, procedures and historical information (OPAs) Understand and document project purpose: SOW, contract and/or business case Uncover initial requirements, assumptions, constraints and risks Assets product and project feasibility into given constraints Divide large projects into phases Determine measurable objectives Develop project charter Identify stakeholders Set up stakeholder management strategy Planning 80 FJSPSV Key Project Management Activities Chart Executing Monitoring &Controlling Planning all management plans development, defining a minimum content for each one Constitute project management team Collect all detailed requirements negotiating with stakeholders Create project scope statement Asset and determine partnership and / or what to purchase Create WBS and WBS dictionary Create activity lists and attributes Create network diagram Estimate activities resources requirements Estimate time and cost Determine critical path Develop schedule Develop budget Determine quality standards, processes and metrics Create process improvement plan Determine all roles, responsibilities and assignments Determine communications requirements Perform risks identification, qualitative and quantitative risk analysis and risk response planning ITERATION, GO BACK & REVIEW Prepare procurement documents Finalize the “how to execute (methods) and control (metrics)” aspect of all management plans determine realistic objectives in each one (goals) Develop Changes Management Plan and Configuration Management Plan Gain Project Management Plan (PMP) and Performance Measurement Baselines (PMBs) formal approval Hold kickoff meeting (All these activities are executed in sequence) Obtain sellers responses Acquire final team Select sellers and awards contracts Ordering the execution the work according the PDP Plan Collect works information and release resources when completed Produce deliverables and/or request changes Implement only approved changes Inform stakeholders of approves changes and manage theirs expectations Lead team and ensure common understanding Follow work processes established Ensure quality processes (assurance) Perform quality audits Perform continuous improvement Hold team building activities Assess individuals and team performance Give recognition and rewards Use issue logs and facilitate conflict resolution Send and receive information Hold meetings Take action to control the project Monitor project work and collect information Measure against the PMBs and the metrics established in each plan Determine variance and whether they warrant a change Influence the factors that cause changes Request changes Perform integrated change control Approve or reject changes Use change log and manage configuration Create forecast Update project plan and documentation Perform interim completed deliverables quality control (validation) Gain interim completed deliverables acceptance from the costumer (verification) Report on project performance and solicit feedback Perform risk audits and reassessment Manage contingency reserves Administer procurements Closing Check that final product, service or result is completed and meets all requirements Complete all procurement closures and audits Gain formal acceptance final product, service or result Complete financial closure Complete final performance reporting Index and archive records Update lessons learned knowledge base Hand off final product, service or result and solicit client project feedback Release project management team 2 from 2