The execution process group pays close attention to deadlines, enables communication within and outside the project team, plans team needs, maximizes workflow, addresses concerns and deals with issues and complexities that are bound to crop up.The planning process group sets out timelines for reaching goals, defines scope of the project, optimizes individual skill sets for key project goals and creates the infrastructure for effective project management.The initial teams, work phases, budgetary allocations, initial work orders, authorizations or permits needed (if any) are elucidated. The initiation group defines the skills and activities required for the project.5 process groups for project managementĪ project will have varied objectives however, the logical progression for each can be structured along similar lines: Understanding the 5 process groups, the 10 knowledge areas (9 in earlier editions of the PMBOK) and the 49 processes (which have steadily increased from 37 in the first edition to 49 in the sixth, 2017 edition), that make up the latest edition, is the first step towards learning the course material for the certification exam. Various PMP formulae relating to project selection methods, critical path methods, PERT analysis with Beta distribution, project cost management, earned value management, estimate at completion and so on can help the student bone up on their study material. Is it any wonder that students and professionals with PMP certifications are so highly sought after? No matter what stage of your career you are, this certification is a value addition as are the formulas, tips and tricks that help prepare for this.
Pmbok 49 processes chart professional#
As a result, the certified Project Management Professional (PMP) is increasingly valuable to employers and businesses all over the world. More and more of modern businesses pivot on project based processes now. PMP is all about 5/10/49 – The Winning Formula for you
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