Project Management Coursework

Project management
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List the five process groups and describe in detail each process group. Make sure to explain the purpose and function of each process group
Initiation
At this phase the project is authorized to either go into the next step or for the whole project to be approved. As such, the scope is defined, deliverables are identified, and all the parties are also identified as well as the project objectives (Berkun, 2008).
Planning
After identifying the project objectives, the planning process emphasizes on the best course of action to meet the objectives. Core processes in planning are performed in succession because they have dependencies (Berkun, 2008). Another aspect of planning facilitating processes which depends on the project, and hence performed when required.
Executing
In order to fully meet the plan specifications, execution is important, where the human resource is used in developing the project team. Additionally, coordinating all the resources is part of the project plan to meet benchmark goals within the expected time.
Monitoring and control
Monitoring risk and performances as well as controlling processes helps to ensure that the project team meets the objectives (Berkun, 2008). It also allows the members to undertake corrective action especially when the project is not on track. Budget considerations may affect the project’s process, and hence the process is important to keep monitoring progress.
Close
The project is finalized at this phase, and it is important to accept the project and close out the contact. It also offers lessons for future project undertakings.
Identify and define the phases within the project life cycle and explain their importance to the project being successful. 
The project lifecycle is an integral part of project management making it easier to work using the indentified schedule and executing the project. In the project management process, the project lifecycle plays a critical role in facilitating the execution of the project. Overall, team members execute different components of the lifecycle, and hence they all need to understand how the project lifecycle works.
Initiation phase
Project identification takes place in this phase of the project lifecycle. A feasibility study is also conducted to address the viability of the project.
Planning phase
There is further development of the project in this phase, and this sets ground for identifying the project’s objectives.
Execution phase
This relates to implementation of the project, whereby appropriate adjustments are undertaken, while progress is also monitored continuously.
Closing phase
  This is the completion phase of the project, where all the relevant documentation as well as final deliverables is handled. It provides an opportunity to the project team to assess what was achieved and targets missed.
Differentiate between the three major organizational forms. Examine the advantages and disadvantages of each form and discuss some of the critical factors that might lead you to choose one form over the other.
Functional
This organizational form is based on a structure that separates divisions depe...