PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
by Anne Bogardus
2.9. Project Management Concepts
Project management (PM) describes the process of initiating, planning, executing, controlling, and closing an assignment that is temporary in nature. The assignment may involve designing a new software program, constructing a building, implementing a new marketing strategy, or doing any other activity that is not part of the ongoing operations of a business. In Project Management Jumpstart, Kim Heldman, a certified project management professional (PMP), describes the five phases of a project life cycle:
Initiation
During the initiation phase, project requests are evaluated and selected for implementation. Those who will be affected by the project, the stakeholders such as the project manager, sponsor, team members, ...
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