The process of inserting a peripheral IV involves several steps. Firstly, the nurse needs to gather all necessary supplies, including gloves, antiseptic, a tourniquet, an IV catheter, and a saline flush. After identifying a suitable vein, the site is cleaned with an antiseptic. The tourniquet is applied to engorge the vein, and the catheter is inserted at a shallow angle. Once blood return is observed, the catheter is advanced into the vein, and the needle is removed. The IV is then secured with a dressing and connected to the IV tubing.