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Assignment CH # 1
Assignment CH # 1
Date : 24-3-2017
Table of Contents
Purpose of PMBOK:.................................................................................................................................3
Project.....................................................................................................................................................3
Operations...............................................................................................................................................3
Management...........................................................................................................................................3
Project Management...............................................................................................................................3
Types of People involved in Project Management..................................................................................3
10 Knowledge Areas................................................................................................................................3
Process Groups........................................................................................................................................4
Program...................................................................................................................................................4
Portfolio...................................................................................................................................................4
PMO.........................................................................................................................................................4
Attributes of PM......................................................................................................................................5
Purpose of PMBOK:
PMBOK stands for Project Management Body of Knowledge and contain best practices to be followed during
Project management. Those best practices are written in 13 chapters in PMBOK.PMBOK teaches project oriented
processes.
Project
Project is a unique effort (endeavor) having a starting date, Ending date, Goal, Budget and produces a unique
output.
Operations
Operations are a routine work which has starting date but no ending date. Class in school is operational work being
done. An activity cannot be project and operations at the same time. Project can contain small operations and
similarly operations can contain small projects.
Management
Management is the art of getting work done by other people.
Project Management
Project management is the application of Knowledge, skills, tools & techniques to complete a project.
Product oriented people work directly on project like designer, developer, coder etc.Project Oriented people
manage time management, cost management, quality management, HR management .etc.
Project manager need knowledge of product and project oriented skills to manage a project. Project manager has
to look on a project from 10 different angles (10 knowledge areas) to successfully manage it.
10 Knowledge Areas
Below mention are 10 knowledge areas (10 checklists) to manage a project
1. Integration Management
2. Scope Management
3. Time Management
4. Cost Management
5. Quality Management
6. HR Management
7. Communication Management
8. Risk Management
9. Procurement Management
10. Stakeholder Management
Each Area represents a complete area of specialization including jargon, tools, concepts and tasks. In other words,
you need to know about each of them in order to be able to successfully manage a project.
Process Groups
1. Imitating
2. Planning
3. Execution
4. Monitoring & Controlling
5. Closing
Process group are logical way of grouping together things you have to do.
There are 47 processes in 10 knowledge areas. These are the 47 best practices to be applied during the project.47
processes are from 10 knowledge areas and are categorized on project stage basis.
Program
Program is a group of interrelated projects. To gain more advantage companies do program having same nature of
project.
Portfolio
Types of projects, operations and programs being done by the company describe the company’s portfolio.
PMO
PMO can be ‘Project Management Office’ or ‘Portfolio Management Office’. PMO is a department/Group of People
which decides which types of project a company will take.
Supportive PMO plays a consultative role and gives policies, procedures and templates.
Controlling PMO has moderate level of control over project and gives policies, procedures, templates and training.
Directing PMO has high level of control over project and gives policies, procedures, templates, training and helps in
project oriented work. They step in to help in the project when PM needs.
Attributes of PM
Project manager should have following attributes to handle and manage the project:
Skills
Knowledge
Tools & Techniques
Good Leader
Good Communication skills
Soft Skills
Negotiation Skills
Convincing Skills