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The PMBOK® Guide - Third Edition.
Project Management Institute (PMI®) published the first PMBOK® Guide as a white paper in 1987 in an attempt to document and standardize generally accepted project management information and practices. The current edition, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Third Edition, was released on October 31, 2004 and provides a basic reference for Project Management. The PMBOK® Guide - Third Edition is widely accepted to be the standard in project management, although it has its critics: The main thrust of the critique comes from the critical chain (vs. critical path) followers (e.g. Leach). Others consider Agile approaches to software development - such as Scrum, for instance - to be more useful alternatives to master the threads stemming from complexity, unpredictability, and risk in project settlements. The PMBOK® Guide - Third Edition documents information and practices applicable to any type of project, not just IT related projects. Incorporated in 1969 and situated outside Philadelphia, Pennsylvania, USA, the Project Management Institute (PMI) was founded by five volunteers. ...
Project Management is the discipline of organizing and managing resources (i. ...
Critical Chain Project Management (CCPM) is based on methods and algorithms developed in 1997 by Eliyahu M. Goldratt. ...
The Critical Path Method, abbreviated CPM, is a mathematically based algorithm for scheduling a set of project activities. ...
Agile software development is a conceptual framework for undertaking software engineering projects that embraces and promotes evolutionary change throughout the entire life-cycle of the project. ...
It has been suggested that this article or section be merged with Scrum (development). ...
For those dedicated PMI Project Managers, a new standard is developing, Organisational Project Management Maturity Model (OPM3®). Containing three interlocking elements - knowledge, assessment, and improvement; the OPM3® standard is similar to the Capability Maturity Model Integration (CMMI) in that it develops upon the model of project management using the PMBOK® Guide - Third Edition as the accepted standard. The Capability Maturity Model (CMM) is a method for evaluating the maturity of software development organisations on a scale of 1 to 5. ...
- See also: ISO 10006 and PRINCE2
ISO 10006:1997, Quality management; Guidelines to quality in project management, is an international standard developed by ISO. It is not as popular or widely accepted as the PMBOK. See also project management External links Overview and discussion of the ISO 10006 Standard Comparison of ISO 10006 and PMBOK Download...
For other meanings, see Prince (disambiguation). ...
The PMBOK® Guide - Third Edition
The PMBOK® Guide - Third Edition is a collection of processes and knowledge areas generally accepted as best practice within the project management discipline.
The PMBOK® Guide - Third Edition is an internationally recognised standard (IEEE Std 1490-2003) that provides the fundamentals of project management that are applicable to a wide range of projects, including construction, software, engineering, automotive, etc.
The PMBOK® Guide - Third Edition recognizes 5 basic process groups and 9 knowledge areas typical of almost all projects. The basic concepts are applicable to projects, programs and operations. The five basic process groups are:
- Initiating,
- Planning,
- Executing,
- Controlling and Monitoring, and
- Closing.
Processes overlap and interact throughout a project or phase. Processes are described in terms of:
Inputs (documents, plans, designs, etc.) Tools and Techniques (mechanisms applied to inputs) Outputs (documents, products, etc.)
Section III of the PMBOK® Guide - Third Edition lists the Nine Knowledge Areas and the sub areas. They are listed below.
Section III—The Project Management Knowledge Areas,
Chapter 4—Project Integration Management
4.1 Project Plan Development
4.2 Project Plan Execution
4.3 Integrated Change Control
Chapter 5—Project Scope Management
5.1 Scope Planning
5.2 Scope Definition
5.3 Create WBS
5.4 Scope Verification
5.5 Scope Change Control
Chapter 6—Project Time Management
6.1 Activity Definition
6.2 Activity Sequencing
6.3 Activity Duration Estimating
6.4 Activity Resource Estimating
6.5 Schedule Development
6.6 Schedule Control
Chapter 7—Project Cost Management
7.1 Resource Planning
7.2 Cost Estimating
7.3 Cost Budgeting
7.4 Cost Control
Chapter 8—Project Quality Management
8.1 Quality Planning
8.2 Quality Assurance
8.3 Quality Control
Chapter 9—Project Human Resource Management
9.1 Human Resource Planning
9.2 Acquire Team
9.3 Develop Team
9.4 Manage Team
Chapter 10—Project Communications Management
10.1 Communications Planning
10.2 Information Distribution
10.3 Performance Reporting
10.4 Manage Stakeholders
Chapter 11—Project Risk Management
11.1 Risk Management Planning
11.2 Risk Identification
11.3 Qualitative Risk Analysis
11.4 Quantitative Risk Analysis
11.5 Risk Response Planning
11.6 Risk Monitoring and Control
Chapter 12—Project Procurement Management
12.1 Procurement Planning
12.2 Plan Contracting
12.3 Request Sellers Response
12.4 Select Sellers
12.5 Contract Administration
12.6 Contract Closeout
Although much of the PMBOK® Guide - Third Edition is unique to project management, some areas overlap with other management disciplines. General management also includes planning, organizing, staffing, executing, and controlling the operations of an organization. Financial forecasting, organizational behavior, and planning techniques also are integral to project management.
Of course, the most important skill for successful project management is communications. Project managers are expected to be in near-continuous communication with all stakeholders.
External links
References - A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Third Edition, Project Management Institute. ISBN 1-930699-45-X.
Literature - Whitty, S.J. and Schulz, M.F. (2006). THE_PM_BOK_CODE. 20th IPMA World Congress on Project Management, 1, 466-472.
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