What processes does project management have?

Bryan Jackson June 14, 2017 Comments Off on What processes does project management have?
What processes does project management have?

The key processes of project management are planning, monitoring and control.

Regarding project planning, Kerzner (1995) explains that “if not planned, uncertainty increases during execution and changes or modifications not initially planned that produce delays, costs, lack of motivation, confusion.”

For Kerzner, the four basic reasons for planning are:
1.- Eliminate or reduce uncertainty.
2.- Improve the efficiency of the operation.
3.- Get a better understanding of the objectives.
4.- Give a basis for monitoring and control of work.

And he adds that “To plan is to make decisions about the future”.

The Planning Process consists of the following operations:

– Specify the OBJECTIVES of the project (defined in scope).

– Structure it in ACTIVITIES and TASKS.

– Establish a SEQUENCE, PRIORITIES and dependency between tasks.

– Estimate the DURATION of tasks.

– Define the RESOURCES available.

– Define the admissible BUDGET.
You can learn more about project management processes by attending a CAPM online training.

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When talking about follow-up, what is done is to compare the initial planning with the actual execution, that is, with the fulfillment of the work plan and the budget. In any project there are more or less serious risks, problems appear, and for this reason, although it is not possible to foresee all possible contingencies, if a contingency plan is necessary. This will mean making changes and probably a new planning and adjustment cycle.

These can be asked to you as project manager interview questions.
In the example below, a couple has decided to spend a field day and is planning, although later we see that in the execution there are some problems that make it necessary to have a hotel management (contingency plan).

The following diagrams show the relationships between the process groups and the overlap that occur between them within the same phase.

As can be seen, there are initiation processes, which are the project start-up, a loop formed by the planning, execution, control and monitoring processes, and finally the closing process.

Processes have different levels of activity and require different amounts of resources. Within the same phase overlap occurs of the process groups. The initiation processes consume less than the planning processes and, in particular, the execution processes. Control is an activity that must be carried out throughout the entire life cycle, and finally it is very important to make a correct closing of the project.

You can attend in a project management training with a discount from Master of Project Promo Codes page.

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