Executing is the process by which project plans are carried out. Executing involves several subprocesses:20
• Project Plan Execution—carrying out the project plan as written. Specifically, project plan execution involves building the house, producing the motion picture, developing the new software, or carrying out whatever activities the plan called for.
• Team Development—developing individual and group skills to enhance project performance. This may include formal and informal training, coaching, and so on.
• Information Distribution—making needed information available to project stakeholders in a timely manner.
• Solicitation—obtaining quotations, bids, offers, or proposals from contractors, vendors, or other providers of essential goods or services.
• Source Selection—choosing from among potential contractors, vendors, or providers.
• Contract Administration—managing the relationship with the contractor, vendor, or other provider. This includes such activities as handling paperwork and assuring payment.