Part of a good project is managing the risks involved so that they remain at an acceptable level. Identifying who these people are, and what role they will play in the project, is something that should be done right from the start.
There are usually a variety of people within an organization that will have an interest in a given project, so keeping them informed is an important task. Knowledge areas[ edit ] The ten knowledge areas, each of which contains some or all of the project management processes, are: Among the costs that could come into play for a given project include labor costs, raw materials, equipment, and much more.
Project Scope Management One common problem encountered in many projects is allowing the scope of the work to expand beyond what A guide to project management body of knowledge originally intended.
Recommended by Free Project Management Resources See the full list of Project Management eBooks, templates and checklists available for free download right now. Project Procurement Management Many projects will require some kind of inputs from outside the project team in order to reach a successful conclusion.
Proper time management is something that any good project manager will keep at the top of his or list of things to track. One thrust of critique has come from the critical chain developers and followers e. Those processes performed to complete the work defined in the project management plan to satisfy the project specifications Monitoring and Controlling: Extensions[ edit ] While the PMBOK Guide is meant to offer a general guide to manage most projects most of the time, there are currently three official extensions: Project Quality Management Of course, no project is going to be deemed a success if the final work is of poor quality.
Inputs documents, plans, designs, etc. Those processes performed to finalize all activities across all Process Groups to formally close the project or phase. This knowledge area highlights the importance of managing the scope of a project so that it remains safely within the boundaries that were established at the beginning of the project.
Obtaining the products or services necessary to keep the project moving forward is an integral part of good project management. Project Time Management Time is one of the key elements of any project that cannot be overlooked.
Typically a project team will be assigned to a given project, and they will be led by the project manager. Goldratt and Lawrence P. Some stakeholders will be strongly influential over the project, while others will only be loosely interested in the outcome.
Each of these processes also falls into one of the five process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group.
Obviously most organizations will want to keep risks as minimal as possible, but taking on some risk is often required in order to accomplish great things.
Tools and Techniques mechanisms applied to inputs Outputs documents, plans, designs, etc. That document was to some extent based on earlier work that began with a white paper published in called the "Ethics, Standards, and Accreditation Committee Final Report.
That is where project procurement comes into play. The PMBOK as described in the Guide recognizes 49 processes that fall into five basic process groups and ten knowledge areas that are typical of most projects, most of the time.
Inputs documents, plans, designs, etc. The Fourth edition was published in Processes overlap and interact throughout a project or its various phases. Project Integration Management This knowledge area relates to bringing together various processes in order to work toward a common goal.
Those processes required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes.
Getting all of the various team members pointed in the right direction and working toward the goal that has been laid out for the project manager is a challenging and complicated task. Process groups[ edit ] The five process groups are: A second strand of criticism originates in Lean Construction.
Project Cost Management Just like time needs to be controlled within a given project, so too do costs need to be controlled. Project Risk Management Anytime resources are being used to work toward a specific goal, there is some measure of risk involved.
The Fifth Edition was released in It is usually up to the project manager to then get the best possible performance out of the team by putting each individual in a position to use their knowledge and experience to guide the project in the right direction. Project Stakeholders Management As referenced briefly above, there are various stakeholders who will have an interest in any given project.
When a project manager properly identifies who belongs in each group, they can then communicate with each individual in an appropriate manner.
By establishing guidelines and expectations for managing project quality right from the start, projects can be guided more accurately toward the proper conclusion.
Establishing a specific set of policies and objectives can help to make sure that not only does the project get completed, but it also is completed in a manner that is useful to the organization as a whole. Each of the ten knowledge areas contains the processes that need to be accomplished within its discipline in order to achieve effective project management.The PMBOK® Guide–Sixth Edition – PMI’s flagship publication has been updated to reflect the latest good practices in project management.
New to the Sixth Edition, each knowledge area will contain a section entitled Approaches for Agile, Iterative and Adaptive Environments, describing how these practices integrate in project settings.3/5().
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) —Fifth Edition reflects the collaboration and knowledge of working project managers and provides the fundamentals of project management as they apply to a /5(7).
Here is an overview of the important areas to study for your PMP exam as defined by A Project Management Body of Knowledge (PMBOK) Guide. Jan 02, · A Guide to the Project Management Body of Knowledge (PMBOK Guide) is a volume which provides us with accepted and authoritative set of terminologies and guidelines for project mi-centre.com: Anshuman Tripathi.
The Project Management Body of Knowledge. The Project Management Institute has established a guide known as the Project Management Body of Knowledge (PMBOK) to identify global standards for the practice of project mi-centre.com guide is used by countless people worldwide and is something that any aspiring project manager.
Library of Congress Cataloging-in-Publication Data A guide to the project management body of knowledge (PMBOK® guide) ed.
p. cm. Includes biobliographical references and index.Download