1.2: Project Management Life Cycles and Processes

Notes

PMI Project Life Cycle

1. Fill in the blanks below with the stages of the PMI generic project management life cycle.
2. Draw a line that represents the relative costs and labour involved during these stages.

Graph of the P.M.I. project life cycle. X-axis is time; Y-axis is costs and labour.

Project Life Cycles…

  • Are not the same as project management processes.
  • Will vary based on industry and project
  • Can be short or long, but have an orderly progression from the start of the project to the end.

Process Groups

Fill in the names of the process groups below.

Blank chart of the process groups.

Chart of PMI Processes

Initiating Planning Executing Monitoring and Controlling Closing
Develop project charter Develop project management plan Direct and manage project work Monitor and control project work Close project or phase
Identify stakeholders Plan scope management Perform quality assurance Perform integrated change control Close procurements
Collect requirements Acquire project team Validate scope
Define scope Develop project team Control scope
Create WBS Manage project team Control schedule
Plan schedule management Manage communications Control costs
Define activities Conduct procurements Control quality
Sequence Activities Manage stakeholder engagements Control communications
Estimate activity resources Control risks
Estimate activity durations
Develop schedule
Plan cost management
Estimate costs
Determine budget
Plan quality management
Plan human resource management
Plan communications management
Plan risk management
Identify risks
Perform qualitative risk analysis
Perform quantitative risk analysis
Plan risk responses
Plan procurement management
Plan stakeholder management

Check Your Knowledge

Questions: Project Life Cycles and Processes

8. Fill in the blanks in the diagram below:

Blank chart of the process groups.

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