Project Management Process

Project Management Process
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Project Management Process
Initiation process
Initiation is the first phase of project management. During the initiation period, project goals and objectives are established. Initiation phase is very important in any project undertaking. Project managers liaise with the project stakeholders to define the project scope, estimate costs and all the resources required in the project, finish the project request in a bid to obtain authorization in order to begin the planning process of the project CITATION Sco05 \l 1033 (Berkun, 2005). The initiation stage should encompass an analysis of the business requirements, proper financial analysis of all the costs and benefits, identification of the support personnel of the project, and a review of the current operations CITATION Cur05 \l 1033 (Cook, 2005). Scope verification process
Scope verification starts with scope planning and advances to scope definition, which entails determination of what fits into the project. Project scope verification is specifically the process through which formal acceptance from stakeholders is obtained concerning the completed project scope. Inspection is carried out in the process where deliverables are measured and v...