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3 - PROJECT MANAGEMENT PROCESSES






                         Updates arising from  approved changes during the  project (generally  during  Monitoring  and  Controlling
                      processes and specifically during the Direct and Manage Project Work Process) may significantly impact parts of
                      the project management plan and the project documents. Updates to these documents provide greater precision
                      with respect to schedule, costs, and resource requirements to meet the defined project scope.

                         The project team seeks input and encourages involvement from all stakeholders when planning the project
                      and developing the project management plan and project documents. While the act of collecting feedback and
                      refining the documents cannot continue indefinitely, procedures set by the organization dictate when the initial
                      planning ends. These procedures will be affected by the nature of the project, the established project boundaries,
                      appropriate monitoring and controlling activities, as well as the environment in which the project will be performed.

                         Other interactions among the processes within the Planning Process Group are dependent upon the nature of
                      the project. For example, for some projects there will be little or no identifiable risks until after a significant amount
                      of planning has been done. At that time, the team might recognize that the cost and schedule targets are overly
                      aggressive, thus involving considerably more risk than previously understood. The results of the iterations are
                      documented as updates to the project management plan or to various project documents.


                      3.5 Executing Process Group


                         The Executing Process Group consists of those processes performed to complete the work defined in the
                      project management plan to satisfy the project specifications. This Process Group involves coordinating people and
                      resources, managing stakeholder expectations, as well as integrating and performing the activities of the project in
                      accordance with the project management plan.

                         During project execution, results may require planning updates and rebaselining. This may include changes
                      to expected activity durations, changes in resource productivity and availability, and unanticipated risks. Such
                      variances may affect the project management plan or project documents and may require detailed analysis and
                      development of appropriate project management responses. The results of the analysis can trigger change requests
                      that, if approved, may modify the project management plan or other project documents and possibly require
                      establishing new baselines. A large portion of the project’s budget will be expended in performing the Executing
                      Process Group processes.























             56       ©2013 Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK  Guide) – Fifth Edition
                                                                                          ®


                                           Licensed To: Jorge Diego Fuentes Sanchez PMI MemberID: 2399412
                                       This copy is a PMI Member benefit, not for distribution, sale, or reproduction.
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