Temporary endeavor undertaken to create a unique product or service.
Project
The knowledge, skills, values, and attitudes of those working on the project.
Human Resources
Activities performed to finalize the project - bring it to a conclusion.
Closing
Persons or organizations who are actively involved in the project.
Stakeholders
In this stage interpersonal relations are characterized by cohesion.
Norming
Planning, organizing, and managing resources to bring about the successful completion of a project.
Project Management
A two-way process of reaching a mutual understanding in which participants exchange information.
Communication
Activities performed to track, review, and regulate the execution of a project.
Monitoring and Controlling
Technique of systematically gathering and analyzing the quantitative and qualitative information of a project.
Stakeholder Analysis
In this stage, people work independently, in subgroups, or as a total unit.
Performing
Defines the boundaries of a project and what is outside those boundaries.
Scope
A threat or damage, liability, loss or other negative occurrence to a project.
Risk
Activities performed in order to establish the total scope of the project.
Planning
Judgement or expertise sought from groups or individuals with specialized training or knowledge.
Expert Judgement
In this stage, interpersonal skills are characterized by competition and conflict.
Storming
Establishing a timeline for completion of the project.
Time
The way businesses and organizations purchase or obtain goods or services.
Procurement
Activities performed to define a new project or a new phase of an existing project.
Initiating
Interview
This stage involves the disengagement of relationships between team members.
Adjourning
The ability to satisfy both stated and implied needs of stakeholders.
Quality
Internal and external factors that surround or influence a project's success.
Enterprise Environmental Factors
Activities performed to carry out and complete the work defined in the project management plan.
Executing
In this stage, personal relations are characterized by dependence.
Forming
A modern business model that is based on the belief that people who work effectively in teams can accomplish more than individuals.
Team Concept