Hello and welcome to our whiteboard session today on why project planning isn’t project management. Have you ever wondered the difference? Well, it’s two terms that often get misused in the marketplace, and we wanted to take the time to distinguish the difference.
If you look on the board here, we have a diagram and it’s actually referenced from “The Project Management Body of Knowledge,” the Fourth Edition by PMI, the Project Management Institute. They have a great diagram there that distinguishes the two this way.
If you look at the diagram, we have the start of the project and the end of the project and a lot of things going on in between. There are five process groups identified by the Project Management Institute. There are the initiating processes, there are planning processes, executing processes, monitoring and controlling processes, and the closing processes. That’s five project management process groups here that make up the whole life cycle of the project. Learn More »