In the PMBOK, the logical groupings of the five project management processes to achieve specific project objectives are called the: project management process groups.
The project management process groups consist of five groupings known as initiating, planning, executing, monitoring, and closing.
The initiating stage is the stage where the basics of the project are thought out. The planning stage entails structuring the project.
After this, the plan is executed, monitored for progress, and finally closed.
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