Preview

Pmbok Summary

Good Essays
Open Document
Open Document
403 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pmbok Summary
The PMBOK guide is meant to offer a basic guide to manage and understand most projects. It defines a project as – “a temporary endeavor undertaken to create a unique product, service, or result, and project management as the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.”

The book has recognized 42 logically grouped management processes, which when appropriately applied and integrated lead to accomplishment of the successful project implementations. These 42 processes are part of the 5 process groups i.e.
1.Initiating
2. Planning
3. Executing 4.Monitoring and controlling
5. Closing
Managing a project is not limited to the process groups; there are also constraints that are to be taken into account. The most common constraints called the Triple Constraints talk about Time, Scope and Budget. These are broad terms that encompass but are not limited to the following – ~Quality ~Schedule ~Resources ~Risk
Further, apart from the 5 process groups PMBOK also talks about the 9 knowledge areas. Each of the knowledge areas comprise of the processes that need to be accomplished within its discipline in order to achieve an effective project management program. Each of the processes mentioned below also fall into one of the five broad process groups. It creates a matrix kind of structure wherein every process can be related to one knowledge area and one process group.

The nine knowledge areas, as per their names are pretty self-explanatory. They are stated as follows with their purpose--
1. Project Integration Management - Coordinating the other areas to work together throughout the project
2. Project Scope Management – Ensures that the project includes all the requirements and no new requirements closer to the project end dates
3. Project Time Management—This process ensures that the project is completed on schedule.
4. Project Cost Management – Takes of the budgetary

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Proj586 - Week 2 Quiz

    • 932 Words
    • 4 Pages

    A) The triple constraint of project management describes the interdependency between the three cornerstones of a project: 1. Scope - all the work we have to do in order to create the clearly specified product. 2. Schedule - the time we need in order to create that product. 3. Budget - the total amount of money we need in order to create that product. If the scope is increased because of additional features added to the product then the time and amount of money has to increase as well. In order to shorten the time we could reduce the scope and consequently reduce the budget of that project. The time could be shortened as well by involving more resources…

    • 932 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Scope: Scope of the project is identified up front and once completed can meet the end deliverable for the project; however, scope can also change during the project life cycle. If the scope is not defined properly or understood up front the chances of failing the project can be high.…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Project Management Institute. (2008). A guide to the project management body of knowledge: PMBOK guide (4th ed.). Newton Square, PA: Author. ISBN: 9781933890517.…

    • 13779 Words
    • 56 Pages
    Powerful Essays
  • Satisfactory Essays

    CIS 517 Assignment 2

    • 252 Words
    • 2 Pages

     Describe the knowledge and processes areas of project management in accordance to the Project Management Institute Project Management Body of Knowledge (PMBOK®) Guide.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    PMBOKV4 ITTO 42 Processes

    • 1835 Words
    • 46 Pages

    ©2009 PMServicesNW. All rights Reserved. Page 1 of 9 Project Management Process…

    • 1835 Words
    • 46 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Charter Wedding bells

    • 1190 Words
    • 8 Pages

    A guide to the project management body of knowledge, PMBOK guide, 5th Edition, PMI Inc. 2013.…

    • 1190 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    It301 Unit 5

    • 1300 Words
    • 6 Pages

    Project Management Institute. A Guide to the Project Management Body of Knowledge(PMBOK-Guide)– Fourth Edition (2008).…

    • 1300 Words
    • 6 Pages
    Better Essays
  • Better Essays

    The Work Breakdown Structure (WBS) contains the different activities within a project. Every activity necessitates outputs from several experts following different measures and timelines. The total of these activities represent the end deliverable. In order to control the task effectively the project supervisor must track the logical order of the various parts. He must visualize the final project deliverable. Views regarding project management, benefits and restrictions, bottlenecks, changes to risk or time in a crisis, and four points touched.…

    • 1092 Words
    • 5 Pages
    Better Essays
  • Best Essays

    CIS 517: Project Management

    • 2741 Words
    • 11 Pages

    It defines Project Life Cycle, and five (5) Process areas, and nine (9) Knowledge areas. The nine knowledge areas of the project management body of knowledge are summarized as: -…

    • 2741 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Risk Matrix Pm586

    • 1234 Words
    • 5 Pages

    4) A guide to the project management body of knowledge (PMBOK® Guide) (4th ed.). (2008). Newtown Square, Pa.: Project Management Institute.…

    • 1234 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Summarize how the PMBOK® process groups and knowledge area are involved throughout the project life cycle.…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Project Management Institute, (2004). A Guide to the Project Management Body of Knowledge (PMBOK Guide) (3rd ed.). Newton Square, PA: PMI.…

    • 1599 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    PMBOK (2004) 3rd Ed. A guide to the project management body of knowledge, Project Management Institute.…

    • 1943 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Volkswagen Mexico Case

    • 459 Words
    • 2 Pages

    All companies are faced with completing projects, whether it is to make a product, complete a service or an outcome such as a research project. Project Management helps to ensure that the projects are done effectively and efficiently. Project management is the “application of knowledge, skills, tools, and techniques to meet the project requirements.” (Project management body, 2008) There are 5 process groups associated including initiating, planning, executing, monitoring and controlling, and closing. Managing a project is complex, a Project manager needs to define and identify requirements, needs, concerns, and balance constraints such as recourses, schedules, budget and risks.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Project Management Institute(2008) A Guide to the Project Management Body of Knowledge:(PMBOK® Guide), 4th edition, PMI,…

    • 2275 Words
    • 10 Pages
    Powerful Essays

Related Topics