ITM 311 Chapter Notes - Chapter PMI 3: Project Plan

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Document Summary

Key terms pmi ch 3 project management processes. Closing process group those processes performed to finalize all activities across all process groups to formally close a project or phase. Enterprise environmental factors conditions not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio. Executing process group those processes performed to complete the work defined in the project management plan to satisfy the project specifications. Initiating process group those processes performed to define a new project or a new project phase by obtaining authorization to start the project or phase. Monitoring and controlling process group those processes required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes. Organizational process assets plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization.

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