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Executing consists of the processes used to complete the work defined in the project management plan. It's about accomplishing the project's objectives. The executing process involves co-ordinating people and resources, as well as integrating and performing the project activities. The deliverables are produced as outputs from the processes performed, as defined in the project management plan.
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The primary elements in the Executing process group include:
• Complete work packages
• Use a work authorization system
• Collect status information
• Hold meetings
• Acquire, develop and manage project team
• Distribute project information
• Obtain bids from outside vendors
• Select a vendor
• Negotiate vendor contract
• Manage contracts
• Perform quality assurance
• Manage Stakeholder Expectations
Additional knowledge and skills needed by the PM for executing activities also include:
• Project monitoring tools and techniques
• Elements of a statement of work
• WBS interaction elements within the project schedule
• Project budgeting tools and techniques
• Quality standard tools
• Continuous improvement process
The primary goal of the Executing process is to direct and manage project execution.
· Direct and Manage Project Execution
· Perform Quality Assurance
· Acquire Project Team
· Develop Project Team
· Information Distribution
· Request Seller Responses
· Select Sellers