Applying applicable project management knowledge and skills to the project is done using the project management processes, which consist of five process groups and a control system.
Those process groups typically include the following:
Initiating - used to determine the nature and scope of the project. You need to understand the business environment. Report any deficiencies and making recommendation's to fix them. "What are we trying to do?" Planning - The main purpose is to plan time, cost and resources adequately to estimate the work needed and to manage risk effectively during project execution. The executing process involves coordinating people and resources, as well as integrating and performing the project activities. Executing -The executing process involves coordinating people and resources, as well as integrating and performing the project activities. Monitoring - The monitoring process group involves managing and tracking the project. Potential problems can be identified quickly for the team to take corrective action. Closing - Closing a project means finishing all activities across all process groups, disbanding the project team and signing off the project with the customer.
