It defines objectives, outcomes, and success criteria. 3. The Executing Project Group: 3rd Stage in Project Management According to the PMBOK 5, Definition of the Monitoring and Controlling Process Group, the Fourth Stage of Project Management. However, the key difference is that in PMBOK5, the Project Communications Management knowledge area was split into Project Communications Management and Project Stakeholder Management. Stakeholders should be identified as early as possible so that their input and objectives are understood and addressed during the initiation and planning processes. PMP PMI PMBOK Vr. A Program charter documents the mission and vision statement for the program. After completing the processes in this group, a project manager has the authority to use organizational resources for project activities. Below comprehensive picture is a 3697px *1658px picture with a sample project charter included. This post is part of the series: Phases of Project Management, Power/Interest, Power/Influence, and Influence/Impact, Overview of the Initiating Process Group in the PMBOK 5, Overview of the Project Planning Process Group, Project Execution Process Group: Put Your Plan to Work, The Monitoring & Controlling Process Group: A Definition, Ending Your Project: the Closing Process Group, Writing a Test Plan: Test Strategy, Schedule, and Deliverables, Writing a Test Plan: Define Test Criteria, Writing a Test Plan: Plan Test Resources, Writing a Test Plan: Product Analysis and Test Objectives, Innovate to Increase Personal Effectiveness, Project Management Certification & Careers, Project Management Software Reviews, Tips, & Tutorials. Benefit Cost Ratio (BCR), Cash Flow (CF), Discounted Cash Flow (DCF), Internal Return Rate (IRR), Opportunity cost, Return on Investment (ROI), Present Value (PV) and Net Present Value (NPV) are various techniques used in the investment analysis involved in Program Initiation phase to present a realistic business case. More Pmp Quizzes. Sometimes the projects are selected from a list of possible projects before project initiation, and sometimes this is done within the initiating process group. Wiki User Answered . All of them are aligned with the last version of PMBOK (6th edition). Executing Process Group often creates updates to outputs of Initiating Process Group. In Project management process groups the initiating process group activities mainly aim to initiate a project successfully. A charter explains the importance of the program wrt organizational goals. Creating the WBS b. False Explanation: Initiating processes are also required to end a project. I took my bootcamp last week and passed the next day. The information can help a Project Manager understand which stakeholder is potentially a supporter of the project objectives and which stakeholder can derail the project. Feedback. Project Integration Management. It assigns a project … During initiating the project is defined and authorized. Similar to how a referee starts a match with the blow of his whistle, a project or a new phase of project needs some authorization to start it. The two outputs from initiating process group processes necessary to start planning are the project charter and the stakeholder register. This artifact is a project charter developed and used for a group assignment. The two word phrase initiating process refers specifically to a particular group or processes, the purpose of which is for the sole and express authorization by those who have the power to make the determination as to when it may be feasible and or appropriate to resume work on any particular work schedule activity that has been halted previously for one reason or another. They can take the form of facilitation workshops, small group guided discussions, and virtual groups using electronics or social media technologies to share ideas and analyze data. Project Scope Management. While some stakeholders are obvious, some are not. Now we are left with the last option, i.e., scope baseline, but it does not seem to be correct in prima facie. Which of the following is not part of the planning process? Important Note: * Note# 1: There could be some typo or presentation errors. The Initiating Process Group (Figure 3-5) includes the following project management processes (Tables 3-2 through 3-3): 3.3.1 Develop Project Charter. The initiating process group then determines the nature and scope of the project. T/F: Initiating processes are not required to end a project. Asked by Wiki User. PMP- Initiating Process Group . Recruitment practices set the procedure for recruitment of team for the program. Don’t be afraid to return to the planning process at any point if you find that any artifact needs to be changed or updated during the project life-cycle. A project charter assists the project managerin defining the boundaries around a project so that all expectations and objectives are clear from the very beginning. The Initiating Process Group consists of those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase. Questions. All of these are documented in the two major outputs of this group which are the Project Charter and the Stakeholder Register. PMP Exam Audio Prep: http://praizionmedia.com Our project management courses are credit eligible for contact hours or professional development units (PDUs). This includes the features, characteristics, abilities etc. Asked by Wiki User. It is important that this takes place during the Initiating Process in order to ensure maximize participation and identify key project assets such as subject matter experts, financial supporters, working groups, teams and communication lines of authority. They may be internal or external however they need to be considered for the benefits realization plan. Product scope is clarified in the executing phase. These questions could be part of your PMP Exam. Don’t be afraid to return to the planning process at any point if you find that any artifact needs to be changed or updated during the project life-cycle. Project Quality Management. Identified stakeholders is another output of … According to PMI, the process of Initiating helps to set the vision of what is to be accomplished. Initiating Process Group: 21 PMP Exam Questions. By Process Group. The Initiating Process Group defined in the Project Management Book of Knowledge (PMBOK) Fifth Edition provides critical activities that need to be performed before you plan and execute the project. Preliminary program scope statement defines the objectives and deliverables of the program. 25 terms. The Environment in which Projects Operate. Process Groups bundle together processes that often operate around the same time on a project or with similar input and outputs. In this course, I have carefully prepared for you 21 PMP Exam Questions from the Initiating process group of the PMBOK. The main output is the project initiation documentation (PID) (equivalent to the Project Management Plan in the PMBOK® Guide). false. I hope they can help you pass your PMP Exam. However, major … Quiz Flashcard. Sincerely, As you might expect, some outputs of this process are change requests and updates to the project management plan and project documents. I took the exam the very next day after the boot camp ended, and passed. The output or the main deliverable of a project can be a product. Every organization has strategic and tactical plans. Once you've got comfortable with them they are actually a very logical way of grouping together the things you have to do. The initiating process group is used to define a new project or a new phase of an existing project by getting the authorization to start. or Create Online Exam. It produces Project Charter and Stakeholder Register as outputs. The Project Charter and Stakeholder Register are used as inputs to processes in the other process groups, such as the Planning process group. It also includes communication plan for benefits realization, procedure for benefit measurement, roles and responsibilities for benefits management, and mapping between program outcomes and benefits. It involves generating important documents such as Program Charter and identification of the Program Manager. Settings. Executing Process Group; Monitoring and Controlling Process Group; Closing Process Group; It follows a short description of Initiating and Planning Process Groups, with a table of processes and key outputs for each Process Group, handy while preparing for the Project Management Professional (PMP)® exam. The two outputs of the Initiating process group, including the project charter and identification of the stakeholders, become inputs into the Planning process group. 21 Agile Questions. When Executing Process Group completes and gets confirmed by the Monitoring and Controlling Process Group, we move on to Closing Process Group where the project or a project phase phase is closed. The project cost management knowledge area maps to which process group through the activities of estimating costs and budget determination? This document authorizes a project manager to utilize organizational resources for the sake of the project. Wiki User Answered . The Initiating Process Group consists of those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the projector phase. While taking plac… I hope they can help you pass your PMP Exam. true. These include scoring models, benefit-contribution models and economic models. The key outputs of these processes are: Acquire Project Team: Typical outputs include assigning staff and creating resource calendars. The process groups include initiating, planning, production or execution, monitoring and controlling, and closing. Planning phase triggers the execution process group. The Project Management Body of Knowledge (PMBOK) defines the five phases of Project Management. In this course, I have carefully prepared for you 21 PMP Exam Questions from the Initiating process group of the PMBOK. Develop Project Charter is the process of developing a document that formally authorizes a project or a phase and documenting initial requirements that satisfy the stakeholder's needs and expectations. The Role of the Project Manager. -The executing processes begin after planning starts and finish shortly before the end of the project. Start. Authorize Projects Process is a program initiating process used to authorize projects in the program that includes obtaining project approval, issuing a program charter and assigning a project manager. 5 Free PMP Exams. As shown below: A project charter contains an overview of the project, the approach the project will take and all signatures needed to approve the proejct. The project begins to take shape by reviewing the SOW or Business Case. Outputs of the Initiating Process Group becomes inputs to Planning Process Group, which produces Project Management Plan and Project Documents as its outputs. a. So, none of these are correct. All of them are aligned with the last version of PMBOK (6th edition). Process Assessment. During the Quiz End of Quiz. Initiating Process Group: 21 PMP Exam Questions. After completing the processes in this group, a project manager has the authority to use organizational resources for project activities. Processes, Inputs, Tools and Techniques and Outputs. Sequential Easy First Hard First. Explain the major outputs and reasons for starting the initiating process group. Not performing this stage well means it's unlikely the project will be successful in meeting the business' needs. Without a well thought out and documented charter the project initiation processes are ambiguous. -When the executing processes are at their peak, the planning process group is winding down. This process involves auditing of quality requirements and quality control measurements. Negotiations and Acquisitions are part of this process. Manager information, etc other important constituents are involved in the project management processes estimating costs and determination. Or presentation errors obvious, some are not the same as life cycle other. Often creates updates to the project Stakeholder management knowledge area poor communication processes, the product structure. Group is winding down a sample project Charter developed and used for a assignment! Charter, which defines “ what is included and excluded mid 2013 its.. 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