In 2011, Jacksonville State University adopted the Project Management Body of Knowledge (PMBOK) Guide 4th Edition in the management of grants and contracts. The PMBOK has five process groups (outlined in the figure below). Project management processes ensure effective flow of the project throughout its existence.
Initiate Process Grou p: consists of processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.
Planning Process Group: consists of processes performed to establish the total scope of the effort, define and refine the objectives, and develop the course of action required to attain those objectives.
Executing Process Group: consists of those processes performed to complete the work defined in the project management plan to satisfy the project specifications.
Monitoring and Controlling Process Group : consists of those processes required to track, review, and regulate the progress and performance of the project, identify any areas in which changes to the plan are required, and initiate the corresponding changes.
Closing Process Group: consists of those processes to finalize all activities across all project management process groups to formally complete the project, phase, or contractual obligations.