What are the five Process Groups defined in project management?

The five Process Groups defined in project management are Initiating, Planning, Executing, Monitoring and Controlling, and Closing. These groups provide a structured approach to managing and delivering projects successfully.

Initiating involves defining and authorizing the project or a project phase. This is crucial as it sets the foundation for what the project is aimed at delivering and ensures stakeholder alignment.

Planning is the stage where detailed strategies are developed to achieve the project objectives. This includes outlining the scope, defining objectives, and determining the resources required, making it essential for guiding project execution.

Executing encompasses carrying out the work defined in the project management plan, coordinating resources, and ensuring that tasks are completed as planned. This phase is where project deliverables are produced.

Monitoring and Controlling involves tracking, reviewing, and regulating the progress and performance of the project and identifying any areas where changes to the plan are required. It is integral to maintaining quality and ensuring that the project stays on track.

Finally, Closing ensures that all project work is completed, deliverables are accepted, and the project is formally closed. It signifies the completion of the project lifecycle and includes conducting a post-project review.

The other answer choices introduce terms that do not align with the established framework of project management Process Groups,