Project Execution: How well do you know the Executing Process Group?
Each phase has multiple outcomes and objectives. The project execution begins after the planning and project initiation. Lectures of PMP Training provide a more detailed explanation of the project execution and other process groups. We will also give an overview of the project execution phase and explain why this process group was initiated.
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You can learn more about the Project Management Process Groups by enrolling in the Project Management Bundle, which includes all project management courses.
What is the Definition of Definition?
Executing processes are essential for delivering the actual work, outputs and deliverables of a project. Project execution is the most important phase of a project. This is where project deliverables are created and delivered to the customer.
What is the purpose?
The purpose of the Executing Process Group is to execute the work defined in the Project Management plan and meet project objectives. The planning process determines what to do, when to do it, how many activities will be performed, which tools and equipment will be used, and the budget that will cover the project. These plans are then executed during the project execution. You will be able complete the project in the closing phase if you have successfully planned it.
But, if the planning is not perfected, it can affect the project’s execution. These flaws can lead to overbudget, delays in project activities, decreased quality, and other problems.
What is the Project Execution Focus?
Three main focuses are essential for project execution. Let’s take a look at each one:
Management of people. The project team handles the majority of the project activities. Project activities are assigned to members of the project team. To ensure project success, project team members must be properly managed during project execution.
These are the steps. These processes will be followed during project execution. Procurement management processes define how to purchase steel from the chosen supplier for a construction project. The procurement management processes will provide guidance on the steps to take to complete the purchase of steel in the executing phase.
Information distribution. Information distribution. Since most of the project work is completed during the project execution phase, the project stakeholders are regularly provided with progress information about the project. Meetings are held with the project team to review the current status, next steps, and to discuss problems and solutions. During meetings, all of these issues are discussed.
Why are meetings important in project execution?
Meetings are essential. Meetings can be held in different formats and can provide different levels of information during project execution. Meetings with the project team will include detailed discussions about project activities and specific problems. Meetings with senior management will provide high-level information on project progress, including whether it is on schedule, on budget, and if there are any high-level risk areas in the near future.
What happens during the Project Execution Meetings?
Examine all risks. It is important to review the risks and take the necessary actions to mitigate them. Also, contingency plans must be reviewed to address the potential impacts of risks. For example,