Explain the pre-planning stage of the project management lifecycle. Explain project management terms, tools, and techniques that are applicable to the pre-planning/project selection stage. Describe the elements of the project selection form. Provide an example of a project selection form. Explain the purpose of a project selection form. Explain the elements of the project selection form and their importance.

Project Management Importance

Introduction
Explain what a project is and how project management can contribute to an organization’s success.
Briefly outline the five process groups in the project management life cycle.

Initiating
Explain the pre-planning stage of the project management lifecycle.
Explain project management terms, tools, and techniques that are applicable to the pre-planning/project selection stage.
Describe the elements of the project selection form.
Provide an example of a project selection form.
Explain the purpose of a project selection form.
Explain the elements of the project selection form and their importance.

Planning
Explain the planning process of the project management lifecycle.
Explain project management terms, tools, and techniques that are applicable to the planning stage.
Explain the purpose of the project scope statement and all the terms used in the project scope template.
Project Basics:

• Project Name
• Project Sponsor
• Project Scope Statement

Project Scope:

• Assumptions
• Milestones
• Out of Scope (Exclusions)

Project Execution:

• Stakeholders
• Time estimate
• Cost estimate
• Project Acceptance Criteria
• Insert a corrected

Explain the work breakdown structure (WBS), project milestones, and the critical path.

Executing
Explain the executing process group of the project management lifecycle.
Explain project management terms, tools, and techniques that are applicable to executing the project.
Explain the change control process.

Monitoring and Controlling
Explain the monitoring and controlling within the project management lifecycle.
Explain project management terms, tools, and techniques that are applicable to monitoring and controlling the project.

Closing
Explain the closing process within the project management lifecycle.
Explain project management terms, tools, and techniques that are applicable to closing a project or phase.
Explain what a “Lessons Learned” report is and highlight its importance for future projects within the organization.

Conclusion
Conclude the paper by reiterating how project management improves an organization’s success and highlighting the importance of using the five process groups for accomplishing a project’s objectives.