Project Stakeholder Management  The processes of these knowledge areas are described by their inputs, tools and techniques, and outputs.
A standard is formal document that describes established norms, methods, processes, and practices. As with other professions such as law, medicine, and accounting, the knowledge contained in this standard evolved from the recognized good practices of project management practitioners who contributed to the development of this standard.
Chapter 3 is the standard for project management.
As such, it summarizes the processes, inputs, and outputs that are considered good practices on most projects most of time.
Chapters 4 through 12 are the guide to the project management body of knowledge. They expand on the information in the standard by describing the inputs and outputs as well as tools and techniques used in managing projects.
It defines project management and related concepts and describes the project management life cycle and related processes. Purpose The increasing acceptance of project management indicates that the application of appropriate knowledge, processes, skills, tools, and techniques can have a significant impact on project success.
A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nuture of projects indicates a definite beginning and end.
Temporary does not necessarily mean short in duration. For example, a projects ti build a national monument will create a result expected to last centuries.
Projects can also have social, economic and environmental impacts that far outlast the projects themselves.
Every project creates a unique product, service, or result. Although repetitive elements may be present in some project deliverables, this repetition does not change the fundamental uniqueness of the project work. For example, office buildings are constracted with the same or similar materials or by the same team, but each location is unique — with a different design, different circumstances, different contractors, and so on.
In contrast, because of the unique nature of projects, there may be uncertainties about the products, services, or results that the project creates. Project tasks can be new to a project team, which necessitates more dedicated planning than other routine work.
In addition, projects are undertaken at all organizational levels. A project can involve a single persone, a single organizational unit, or multipale organizational units. A project can create: A product that can be either a component of another item or an end item in itself A capability to perform a service e.
Examples of projects include, but not limited to: Developing a new product or services Effecting a change in the structure, staffing, or style of an organization Developing or acquiring a new or modified information system Constructing a building or infrastructure, or Implementing a new business process or procedure.
What is a project management? Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements.
Project management is accomplished through the application and integration of the 42 logically grouped project management processes comprising the 5 Process Groups.
These 5 Process Groups are Initiating.Graduate Opportunities Graduates will have applied accepted management practices while working independently and collaboratively to achieve the project and organizational goals on time, on budget, and to the full satisfaction of all stakeholders in terms of scope and quality.
PMP - Process 42 Chart Matrix 1. The 42 Processes by Knowledge Area and Process Group 4th Edition Monitoring Initiating Planning Executing and Closing (2) (20) (8) Controlling (10) (2) Develop Develop Project Direct & Manage Monitor & Control Close Project Integration Project Charter Mgmt Plan Proj.
Help your business team prepare for and participate in the SAP project journey!
Get an early read on timelines, processes, responsibilities, and potential setbacks. The 42 Project Management Processes You'll need to be familiar with the 42 project management processes and what each process accomplishes in the project. Here's a quick rundown of each process group and its processes.
From a PMI (Project Management Institute) standpoint, there are 47 processes - this was just updated in the PMBOK 5th Edition, previously there were 42 processes. These processes are considered components of a Project Management Framework that applies to any project in any industry.
timberdesignmag.com ISBN Principles of Project Management Project Skills Paul Newton.