Mastering Principles and Practices in PMBOK®, Prince 2®, and Scrum: Using Essential Project Management Methods to Deliver Effective and Efficient Projects

2. Project Processes

In this chapter, you will learn the following:

• The five process groups of the PMBOK Guide 5^th Edition

• The seven processes of the PRINCE2 method

• A synthesis of processes of both instruments that gives the project manager the big picture of what to do in each process of project management

The two international standards on project management—PMBOK Guide and PRINCE2—underline the importance of the project’s processes.

PMBOK Guide 5^th Edition Process Groups

The current PMBOK Guide, Fifth Edition, provides guidelines for managing individual projects and defines project management–related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle.¹

¹ PMI (2012). ...