Five Processes Group Of Project Management

The life circle of one project could be divided into concept, developing, implementing, controlling and ending processes. During the concept process, the main items include cost analysis, and study of project feasibility. The purpose is to make a report and receive the approval and support. In the real work, most people just have an idea or a concept and then quickly turn to the developing process. However, during the developing process, the project planning paper, budgetary cost and job plan should be prepared for carrying out the work. 

Most people carry on work with a general schedule of project and then finished the job. In the implementation phase, people should have a job plan and the fixed cost estimation. In fact, most people just regarded the stage as a project. Then at the end of the project, people would lose control because of no specific "milestone". So during this time, people would discuss the lessons of each project. But for the done work, people could not keep pace with it. For the connection to the users, it doesn't work well also.

The five processes of project management includes launching, planning, implementing, controlling and ending processes. And the five processes run through the whole lifecycle of the project. For the process of launching, people should pay special attention to the analysis to organization environment and project stakeholders. And in the later processes, the project manager should effectively control the project. The ideal result is the both-side satisfactory achievement within the fixed time, limited cost and quality limit.