1.6. Project Life Cycles and Project Management Processes
Most projects begin with an idea. After soliciting support and obtaining approval, a project progresses through the intermediate phases to the ending phase, where it is completed and closed out. As a project passes through this life cycle, it is carried out through a set of project management processes. These processes are interrelated and dependent on one another, and are divided into five project management process groups:
Monitoring and controlling
Each of these process groups displays characteristics that reflect the level of a project's costs, staffing, chances for successful completion, stakeholder influence, and probability of risk.