Project management Name Course Instructor Date List the five process groups and describe in detail each process group. Make sure to explain the purpose and function of each process group Initiation At this phase the project is authorized to either go into the next step or for the whole project to be approved. As such, the scope is defined, deliverables are identified, and all the parties are also identified as well as the project objectives (Berkun, 2008). Planning After identifying the project objectives, the planning process emphasizes on the best course of action to meet the objectives. Core processes in planning are performed in succession because they have dependencies (Berkun, 2008). Another aspect of planning facilitating processes which depends on the project, and hence performed when required. Executing In order to fully meet the plan specifications, execution is important, where the human resource is used in developing the project team. Additionally, coordinating all the resources is part of the project plan to meet benchmark goals within the expected time. Monitoring and control Monitoring risk and performances as well as controlling processes helps to ensure that the project team meets the objectives (Berkun, 2008). It also allows the members to undertake corrective action especially when the project is not on track. Budget considerations may affect the project’s process, and hence the process is important to keep monitoring progress. Close The p...