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Project Management Process Steps

oboloo Glossary

Project Management Process Steps

Project management is an important aspect of business operations, and having a clear definition of the project management process steps is critical for success. The official business definition of project management process steps involves the planning, organizing, directing, and controlling of resources to achieve defined objectives. This is done through the application of knowledge, skills, tools, and techniques. The first step is to define the project goals and objectives, which involve determining the project scope, identifying stakeholders, and setting the timeline. Next, the project team is established and a project management plan is created. This should include a resource plan, communication plan, risk management plan, and quality assurance plan. Additionally, the team should set a budget and identify the project milestones. The third step is to execute the project, which involves following the project plan, monitoring progress, and delivering the results. The fourth step is to control the project.

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