The application of the project management processes is iterative, and many processes arc repeated during the project. The integrative nature of project management requires the Monitoring and Controlling Process Group to interact with the other Process Groups, as shown in Figure 3-1. In addition, since management of a project is a finite effort. Project management and business analysis are two disciplines that are becoming more strategic for many companies. Project management focuses on the creation of the "product, service, or result" of the project in order to meet its objectives. Business analysis aims at understanding the needs of the business stakeholders and at defining the characteristics of the solution to meeting those needs.