PMP Chapter 2 Project Management
PMP Chapter 2 Project Management
PMP Chapter 2 Project Management
All work of the project and project management must be monitored and controlled.
Throughout the life of the project, you will be taking measures of the project and
project management and analyzing them to help identify variance from the plan, so
that you can make proactive decisions to keep the project on track.
How the process of project management is performed will be adjusted or tailored to
the type and strategic importance of the project and the chosen life cycle.
Ritas Process Chart
Initiating
1. Select Project Manager
2. Determine the companys culture and existing systems
3. Collect procedures, process and historical information
4. Divide large project into phases
5. Understand the business case of the project e.g. the case for why the project is
being doing, because it will guide all other project management activites to ensure
the project is worthy the required investment when completed.
The initiation of a project is always backed by a reason and the results of the
project must support that reason. (Often many projects do not satisfy the business
needs when completed. E.g. they may create the project they want rather than
what was asked of them etc. )
The company should know what its strategic objectives are, and all projects should
help meet the objectives. A company manages itself well will have its strategic
objective and will be able to evaluate the various options for achieving those
objectives. Many project ideas will be proposed, and the company will conduct an
analysis to see which proposed project meet the objectives for the least cost, time,
resources, and if it is a very well-run company, the least risk. The organization will
then authorize one or more projects by issuing project charters.
6. Uncover the initial requirements, risks, constraints, assumptions, and existing
agreements
7. Access project and product feasibility within the given constraints