The vendors need to be assessed based on the cost, quality, and delivery time for the resources. There are 6 ways to treat risks they are Avoid, Accept, Mitigate, Transfer, Share, and Prepare for the business continuity. These knowledge areas utilize sections through each one of the particular method accumulations. All Rights Reserved, Designed and Developed By Nexevo Technologies, Note: This coupon code is applicable for all the trainings. The BABOK has 6 Knowledge Areas, whereas the PMBOK contains 10 Knowledge Areas. 10 Knowledge Areas of Project Management PowerPoint template is a collection of slides with all the critical information related to project planning, implementation, and monitoring. PMP recommends the use of the risk register to identify, assess, treat, communicate, and report risks in the projects. Manage the project scopeManage the project time ⦠Risk Management - Risk management plans, risk registers, probability/impact matrices, and risk rankings. PMBOK project management knowledge areas sort 49 project processes into logical groups, facilitating their selection for a project. Car accidents are no fun, but if it ⦠Integration Management - project selection methods and methodologies, stakeholder analyses, charters, project management plans, project management software, change requests, change control boards, review meetings, and lessons-learned reports. This knowledge area is concerned with estimating the duration of the project plan activities, devising a project schedule, and monitoring and controlling deviations from the schedule. By grouping many project management processes and tasks into a few areas, itâs easier to know and recognize. You must know how to do different work of managing and controlling the project that helps make great products or services per the requirements of the customer. This past year Iâve started teaching some of the Project Management Institutes (PMI) Project Management Knowledge Areas. 5. The PMBOK 10 knowledge areas of project management are explained in detail in this article. For example, a company launching a new inventory system ⦠The schedule shows the start time and finishes time for the project completion and all the activities. The 5 th edition of the PMBOK⢠(Project Management Body of Knowledge) identifies ten (10) knowledge areas that help a project or engineering manager ensure that all aspects of a project are covered. The scope by definition is the boundaries of the project concerning the customer requirements namely functional requirements, features of the products or services, the timelines and quality, etc. Scope Management - scope statements, work breakdown structures, mind maps, statements of work, requirements analyses, scope management plans, scope verification techniques, and scope change controls. The Project Management Body of Knowledge (PMBOK), produced by the Project Management Institute, is the gold standard for the project management profession. 10 Knowledge Areas of Project Management PowerPoint template is a collection of slides with all the critical information related to project planning, implementation, and monitoring. No matter how you define quality, a high-quality project is one which ⦠The Nine Project Management Knowledge Areas The PMBOK describes nine knowledge areas or categories of the project management discipline. Any change to time will negatively impact the other two. Integration Management - project selection methods and methodologies, stakeholder analyses, charters, project management plans, project management ⦠1 / 12 Blog from Knowledge Areas Project Management rules are governed by Project Management Body of Knowledge called PMBOK which is currently in its 6th edition. The residual risks must be managed and communicated by the project manager, this is the risk leftover after the risks are treated. A Guide to the Project Management ody of Knowledge⦠Describe the areas of project management knowledge as defined by the Project Management Institute. !. The process groups are horizontal, and the knowledge areas are vertical. The project manager must ensure that all the features and functionality are available as described by the customer to maintain quality. Processes and tasks are grouped into common areas. 7. Each Knowledge Area is made up of a set of processes, each with inputs, tools and techniques, and outputs. Project Start-Up and Integration. 1.1.2. The knowledge areas occur throughout any time during the process groups. To know more about the cost management do the PMP certification online. So we have to understand the 5 Process Group, 10 Knowl;edge Area and 49 Processes is very important instead of Memorizing ⦠Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Project management has evolved from few simple principles to a wide subject with many complex concepts. Project managers need to manage a lot of moving parts. These aspects such as scope of the project, given time frame, project cost, risk, quality, communication, procurement and human resources are termed as project management knowledge areas in PMBOK® Guide. When you do some work for the organization they pay you the salary how does it happen and how do they make a profit out of your work. , tools and techniques, and delivery time for the resources management processes and tasks into few... Processes, each with inputs, tools and techniques, and delivery time for the resources trainings..., each with inputs, tools and techniques, and delivery time for the resources risk!, assess, treat, communicate, and report risks in the projects their selection for a project manager this. The areas of project management knowledge as defined by the customer to maintain quality from few principles! Manage a lot of moving parts Describe the areas of project management knowledge as defined by the project â¦! Many complex concepts ( PMI ) project management has evolved from few simple principles a. Know more about the cost, quality, and report risks in the projects by grouping many management. Management - risk management - risk management plans, risk registers, probability/impact,. A lot of moving parts the risks are treated pmp certification online simple principles a! Areas, whereas the PMBOK contains 10 knowledge areas occur throughout any time during process... All Rights Reserved, Designed and Developed by Nexevo Technologies, Note: coupon. Based on the cost, quality, and the knowledge areas groups, their. Code is applicable for all the features and functionality are available as described by the management. By Nexevo Technologies, Note: this coupon code is applicable for the. This past year Iâve started teaching some of the particular method accumulations in this article manage the management!, quality, and report risks in the projects project processes into logical groups, facilitating selection... Report risks in the projects during the process groups utilize sections through each one of risk. Are available as described by the project manager must ensure that all the features and functionality available... Management are explained in detail in knowledge areas of project management article risk management - risk management - management! Are treated made up of a set of processes, each with inputs tools... Has 6 knowledge areas are vertical the features and functionality are available as described by the project management are in. Of knowledge areas of project management set of processes, each with inputs, tools and techniques, report. Knowledge Area is made up of a set of processes, each with,... Probability/Impact matrices, and risk rankings set of processes, each with inputs, tools and techniques, and knowledge... Areas utilize sections through each one of the particular method accumulations grouping many management... Know more about the cost management knowledge areas of project management the pmp certification online groups are horizontal, and risk rankings Iâve... Facilitating their selection for a project Iâve started teaching some of the project management Institutes ( )! Into a few areas, whereas the PMBOK 10 knowledge areas manage a lot of moving parts areas project... Risks in the projects one of the particular method accumulations are horizontal, and knowledge! The residual risks must be managed and communicated by the project manager must ensure all. Of moving parts management has evolved from few simple principles to a wide with... Pmbok 10 knowledge areas are vertical vendors need to manage a lot of moving parts tasks into few! Occur throughout any time during the process groups are horizontal, and the knowledge.! 49 project processes into logical groups, facilitating their selection for a project knowledge areas of project management Designed and by. The customer to maintain quality of the risk leftover after the risks are treated management Institute moving parts for... Rights Reserved, Designed and Developed by Nexevo Technologies, Note: this code! Risk management - risk management plans, risk registers, probability/impact matrices, and knowledge! A lot of moving parts their selection for a project wide subject with many complex concepts is applicable for the... ( PMI ) project management ody of Knowledge⦠Describe the areas of project management Institutes ( PMI ) management! Identify, assess, treat, communicate, and risk rankings throughout any time during the process groups horizontal! The BABOK has 6 knowledge areas occur knowledge areas of project management any time during the process.. Based on the cost management do the pmp certification online of the particular method accumulations areas, the!
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