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3 - PROJECT MANAGEMENT PROCESSES






                   3.6 Monitoring and controlling Process Group

                      The Monitoring and Controlling Process Group consists of those processes required to track, review, and
                   orchestrate the progress and performance of the project; identify any areas in which changes to the plan are
                   required; and initiate the corresponding changes. The key benefit of this Process Group is that project performance   3
                   is measured and analyzed at regular intervals, appropriate events, or exception conditions to identify variances
                   from the project management plan. The Monitoring and Controlling Process Group also involves:

                         •   Controlling changes and recommending corrective or preventive action in anticipation of possible
                           problems,
                         •   Monitoring the ongoing project activities against the project management plan and the project
                           performance measurement baseline, and
                         •   Influencing the factors that could circumvent integrated change control or configuration management
                           so only approved changes are implemented.

                      This continuous monitoring provides the project team insight into the health of the project and identifies any
                   areas requiring additional attention. The Monitoring and Controlling Process Group not only monitors and controls
                   the work being done within a Process Group, but also monitors and controls the entire project effort. In multiphase
                   projects, the Monitoring and Controlling Process Group coordinates project phases in order to implement corrective
                   or preventive actions to bring the project into compliance with the project management plan. This review can result
                   in recommended and approved updates to the project management plan. For example, a missed activity finish date
                   may require adjustments and trade-offs between budget and schedule objectives. In order to reduce or control
                   overhead, management-by-exception procedures and other techniques can be appropriately considered.



                   3.7 closing Process Group

                      The Closing Process Group consists of those processes performed to conclude all activities across all Project
                   Management Process Groups to formally complete the project, phase, or contractual obligations. This Process
                   Group, when completed, verifies that the defined processes are completed within all of the Process Groups to close
                   the project or a project phase, as appropriate, and formally establishes that the project or project phase is complete.
























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                   ©2013 Project Management Institute. A Guide to the Project Management Body of Knowledge (PMBOK  Guide) – Fifth Edition   57


                                           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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