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PMI PMP Content Outline

Initiating

The initiation phase of the project encompasses a total of 8 tasks including the following:

• Getting project charter approval for the sponsor to enact the authority dedicated to the project;
• Performing benefit analysis with the stakeholders to verify project alignment with the business strategies;
• Performing project assessment based on the existing lessons and information obtained from the previous projects;
• Informing the stakeholders of the accepted project charter to create a common understanding of the key deliverables, milestones, and their responsibilities.
• Completing stakeholder analysis using the right tools and techniques to support projects;
• Participating in the development of the project charter, which involves analyzing and compiling the existing information to ensure project stakeholders approve its elements;
• Identifying the major deliverables depending on the business needs;

Closing

This is the last stage of a project lifecycle that, as you remember, will contribute to about 7% of the actual exam content. It gives cutting-edge knowledge of the following skills:

• Obtaining the concluding acceptance of the project deliverables from the sponsors and stakeholders to prove that the project scope was achieved;
• Archiving project documents and materials using conventional practices;
• Transferring the ownership of the deliverables to the right stakeholders as detailed by the project plan;
• Getting feedback from the relevant stakeholders using the right tools and techniques.
• Collating lessons documented throughout a project lifecycle and performing a thorough review to update a company's knowledge base;
• Preparing and sharing the final project report;

Reference: https://www.pmi.org/certifications/project-management-pmp

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