Project Management Body of Knowledge (PMBOK)

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Project Management Body of Knowledge (PMBOK) Enterprise & Project Management Please note that these slides are not intended as a substitute to reading the recommended text for this course.

Objectives Explain PMBOK Describe the elements of PMBOK 1

What is PMBOK? "The PMI Project Management Body of Knowledge (PMBOK ) is an inclusive term that describes the sum of knowledge within the profession of project management. The PMBOK includes knowledge of innovative and advanced practices that are widely applied in all fields of project management. Project management is the application of knowledge, skills, tools and techniques applied to meet a projects requirements. 2

The Project Management Processes Process Groups: Initiating processes recognize when project or phase should begin Planning processes designing and maintaining a scheme which leads to successful accomplishment of a project Executing processes coordinating people and resources to carry out the plan Controlling processes monitoring and measuring progress and taking corrective actions when necessary Closing processes analyzing acceptance of the project or phase and bringing it to an end 3

9 Project Management Knowledge Areas Knowledge areas describe the key competencies that project managers must develop 4 core knowledge areas lead to specific project objectives (scope, time, cost, and quality) 4 facilitating knowledge areas are the means through which the project objectives are achieved (human resources, communication, risk, and procurement management) 1 knowledge area (project integration management) affects and is affected by all of the other knowledge areas 4

Knowledge Areas 5

Knowledge Areas in Detail 6

PMBOK Knowledge Areas & Processes 7

PMBOK Knowledge Areas & Processes 8

The Project Management Knowledge Areas Project Integration Management Ensure that various elements of the project are properly coordinated and integrated Processes: Project Plan Development, Project Plan Execution, Overall Change Control Project Scope Management Ensure that the project includes all the work required, And only work required, to complete the project successfully Processes: Initiation, Scope Planning, Scope Definition, Scope Verification, Scope Change Control Project Time Management Ensure timely completion of the project Processes: Activity Definition, Activity Sequencing, Activity Duration Estimating, Schedule Development, Schedule Control 9

The Project Management Knowledge Areas Project Cost Management Ensure that the project is complete within the approved budget Processes: Resource Planning, Cost Estimating, Cost Budgeting, Cost Control Project Quality Management Ensure that the project will satisfy the requirements Processes: Quality Planning, Quality Assurance, Quality Control Project Communication Management Ensure timely and appropriate generation, collection, storage and ultimate disposition of project information Processes: Communications Planning, Information Distribution, Performance Reporting, Administrative Closure 10

The Project Management Knowledge Areas Project Risk Management Concerned with identifying, analyzing, and responding to project risk. Maximizing the results of positive events Minimizing the consequences of negative events Processes: Risk Identification, Risk Quantification, Risk Response Development, Risk Response Control Project Procurement Management Acquire goods and services from outside the performing organization Processes: Procurement Planning, Solicitation Planning, Solicitation, Source Selection, Contract Administration, Contract Close-out Project Human Resources Management Make the most effective use of people involved with the project Processes: Organizational Planning, Staff Acquisition, Team Development 11

Lifecycle Processes 12