12.1.2 PMBOK

Overview on how to conduct and manage the five main project processes

1. Initiating: define, authorize, commit to
2. Planning: shape the goals, identify the plan and resources
3. Executing: deliver, coordinate, manage resources
4. Controlling and monitoring: assess, compare, meet the objectives
5. Closing: formal acceptance, bringing orderly end

Definition of the three main categories and nine knowledge areas

• Core areas – foundations influencing main project constrains
  • Scope management – define all tasks, have full coverage, eliminate waste
  • Time management – plan and get the project done in time
  • Cost management – estimate, budget, control, comply with changes for costs
  • Quality management – determine objectives, responsibilities, policies, focus on process improvement
• Facilitating areas– supportive to success
  • Communication management – collect, distribute, store information
  • Human resource management – pick & choose, train, motivate the main assets of a project: employees
  • Risk management – plan, identify, analyse risks, increase reactivity and chance for positive outcomes
  • Procurement management – acquire products and services in a beneficial manner
• Coordination area – control, monitor
  • Integration Management – consolidate all activities, make trade-offs to achieve priority goals