Chapter3 Summary - actions to begin projects and project...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 3 Summary: The Project Management process groups Key Terms Business Case- a formal document written to justify the need for a project, recommend how it should be done, and estimate its budget, schedule and risks, before the decision in starting the project has been taken. Closing processes- formalizing acceptance of the project or one of its phases and bringing it to an orderly end. Controlling processes- actions to ensure that project objectives are met. Executing processes- coordinating people and other resources to carry out the project plan and produce the project's deliverables.
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: actions to begin projects and project phases. • Planning processes- devising and maintaining a workable scheme to accomplish the business need that the project addresses. • Process-a series of actions directed toward a particular result. • Project charter- A formal document that recognizes the existence of a project and provides direction on its objectives and management. • Project management process groups-initiating, planning, executing, controlling and closing (5). Key charts and figures • 3.1: Overlap of process groups in a phase or a project (p. 81)....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern