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42 terms

PMP Processes Definitions

STUDY
PLAY
1. Develop Project Charter
Process of developing a document that formally authorizes a project or a phase and documenting initial requirements that satisfy the stakeholders needs and expectations.
2. Identify Stakeholders
Process of identifying all people or organization impacted by the project, and documenting relevant information regarding their interests, involvement, and impact on project success.
3. Develop Project Management Plan
Process of documenting the actions necessary to define, prepare, integrate, and coordinate all subsidiary plans.
4. Collect Requirements
Process of defining and documenting stakeholders' needs to meet the project objectives.
5. Define Scope
Process of developing a detailed description of the project and product.
6. Create WBS
Process of subdividing project deliverables and project work into smaller, more manageable components.
7. Define Activities
Process of identifying the specific actions to be performed to produce the project deliverables.
8. Sequence Activities
Process of identifying and documenting relationships among the project activities.
9. Estimate Activity Resources
Process of estimating the type and quantities of material, people, equipment, or supplies required to perform each activity.
10. Estimate Activity Durations
Process of approximating the number of work periods needed to complete individual activities with estimated resources.
11. Develop Schedule
Process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule.
12. Estimate Costs
Process of developing an approximation of the monetary resources needed to complete project activities.
13. Determine Budget
Process of aggregating the estimated costs of individual activities or work packages to establish the authorized cost baseline.
14. Plan Quality
Process of identifying quality requirements and/or standards for the project and product, and documenting how the project will demonstrate compliance.
15. Develop Human Resources Plan
Process of identifying and documenting project roles, responsibilities, and required skills, reporting relationships, and creating a staffing management plan.
16. Plan Communications
Process of determining project stakeholders information needs and defining a communications approach.
17. Plan Risk Management
Process of defining how to conduct risk management activities for a project.
18. Identify Risks
Process of determining which risks may affect the project and documenting their characteristics.
19. Perform Qualitative Risk Analysis
Process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
20. Perform Quantitative Risk Analysis
Process of numerically analyzing the effect of identified risks on overall project objectives.
21. Plan Risk Responses
Process of developing options and actions to enhance opportunities and to reduce threats to project objectives.
22. Plan Procurements
Process of documenting project purchasing decisions, specifying the approach, and identifying potential sellers.
23. Direct and Manage Project Execution
Process of performing the work defined in the project management plan to achieve the project's objectives.
24. Perform Quality Assurance
Process of auditing the quality requirements and the results from quality control measurements to ensure appropriate quality standards and operational definitions are used.
25. Acquire Project Team
Process of confirming human resource availability and obtaining the team necessary to complete project assignments.
26. Develop Project Team
Process of improving the competencies, team interaction, and the overall team environment to enhance project performance.
27. Manage Project Team
Process of tracking team member performance, providing feedback, resolving issues, and managing change to optimize project performance.
28. Distribute Information
Process of making relevant information available to project stakeholders as planned.
29. Manage Stakeholder Expectations
Process of communicating and working with stakeholders to meet their needs and addressing issues as they occur.
30. Conduct Procurements
Process of obtaining seller responses, selecting a seller, and awarding a contract.
31. Monitor and Control Project Work
Process of tracking, reviewing, and regulating the progress to meet the performance objectives defined in the project management plan.
32. Perform Integrated Change Control
Process of reviewing all change requests, approving changes, and managing changes to the deliverables, organizational process assets, project documents, and the project management plan.
33. Verify Scope
Process of formalizing acceptance of the completed project deliverables.
34. Control Scope
Process of monitoring the status of the project and product scope and managing changes to the scope baseline.
35. Control Schedule
Process of monitoring the status of the project to update project progress and managing changes to schedule baseline.
36. Control Costs
Process of monitoring the status of the project to update the project budget and managing changes to the cost baseline.
37. Perform Quality Control
Process of monitoring and recording results of executing the quality activities to assess performance and recommend necessary changes.
38. Report Performance
Process of collecting and distributing performance information including status reports, progress measurement, and forecasts.
39. Monitor and Control Risks
Process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk processes effectiveness throughout the project.
40. Administer Procurements
Process of managing procurement relationships, monitoring contract performance, and making changes and corrections needed.
41. Close Project or Phase
Process of finalizing all activities across all of the management Process Groups to formally complete the project or phase.
42. Close Procurements
Process of completing each project procurement.