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You are the program manager for the HGQ Program in your organization. Your program has eight constituent projects including a small project which you've assigned to Beth a new project manager in your organization. Part of your assignment is to coach Beth on project management in your program. You are telling Beth about the five process groups of project management and how they map to the progression of the project. Which process group would you tell Beth is where she'll likely spend the bulk of the project time and the project budget?
Correct Answer: C
Explanation/Reference: Explanation: Answer option C is correct. The bulk of the project team and project funds are spent during project execution. This is the prime phase of a project where all the planned work is executed. It contains eight project management processes. Answer option B is incorrect. Planning is a large percentage of the project time, but not also the project funds. Answer option D is incorrect. Monitoring and controlling does not consume the project funds but does happen in tandem with the project execution. Answer option A is incorrect. Procurement does consume the project funds, if the project manager is procuring goods and services, but it is not a project management process group. Reference: The Standard for Program Management and The Guide to the Project Management Body of Knowledge, fourth edition. Chapter: Procurement and Project Integration Objective: Project Execution