ABSTRACT
This chapter provides some high-level insights into the Project Management Body of Knowledge (PMBOK®) Guide model. It also provides a brief overview of the Project Management Institute (PMI) project management model as described by PMI, in the sixth edition of the PMBOK® Guide. Monitoring and Control transcend the full project life cycle and have the goal of proactively guiding the project toward successful completion. One of the most important aspects of the Initiation process is the evaluation of the vision from a goal alignment perspective. When examined from some high-level perspective, the project model is a deceptively simple structure, but be aware that this simple view hides significant real-world challenges in executing the defined processes. The actual project deliverables are produced in the execution phase. Formal project closing involves a group of activities required to formally shut down the project and document acceptance of the result.
