Initiating Process Group Notes: Definitions & Explanations PDF | Download eBooks
Study Initiating Process Group lecture notes PDF with project management definitions and explanation to study What is Initiating Process Group?. Study initiating process group explanation with project management terms to review project management course for online MBA programs.
Initiating Process Group Definition:
Process(es) performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase is called initiating process group.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Initiating Process Group Notes:
A process group, as the name indicates, is a set of one or more processes. Process groups in project management are the processes that are grouped together and are used to address the topics involved in the project management knowledge areas. These process groups play a major role in achieving the project objective. There are five project management process groups. One of them is initiating process group. The processes included in the initiating process group are used when a new project is started or a new phase of the current project starts. The major aim of initiating process group is to identify stakeholders and aligning their expectations with the project objective and scope. The processes involved in initiating process group are developing project charter and identifying stakeholders.
Keep Learning with Project Management Notes
What is Basic Sender Receiver Communication Model?
Communication is an important part of a project which involves two or more parties. A communication model involves method to ...
What is Critical Path?
Usually network diagrams for large projects are complex and involve a large number of activities. A network diagram consists of ...
What is Activity?
In the process of planning a project, the first step is to identify the activities associated with the project. An ...
What is Decision Tree Analysis?
There are several tools and techniques to perform quantitative risk analysis. One of them is decision tree analysis. Generally, decision ...
What is Risk Acceptance?
Threats faced by an organization can be identified through SWOT analysis. Not only organizations face threats but the projects associated ...
What is Contingency?
Contingency is also termed as management reserve. The costs of all the activities are estimated by the contractor in a ...