The document outlines the framework for project management, detailing the profession, standards, and certifications, particularly through the Project Management Institute (PMI). It covers essential knowledge areas such as integration, scope, time, cost, quality, human resources, communication, risk, procurement, and stakeholder management. Additionally, it describes PMI's process groups, which include initiating, planning, executing, monitoring, and closing projects.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
12 views
Chapter-4
The document outlines the framework for project management, detailing the profession, standards, and certifications, particularly through the Project Management Institute (PMI). It covers essential knowledge areas such as integration, scope, time, cost, quality, human resources, communication, risk, procurement, and stakeholder management. Additionally, it describes PMI's process groups, which include initiating, planning, executing, monitoring, and closing projects.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 23
Framework for
Project Management
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Framework for Project Management • Project Management as a profession • The Project Management Institute (PMI) • Project Management Knowledge Areas • Project Management Certifications • The Project Management Office
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Management as a Profession • Body of knowledge • Standards • Professional organizations • Currently, anyone can call him or herself a project manager • Unresolved issue: to what extent can an expert PM move from one industry to another?
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Management Standards • Standards organizations • PMI • Project Management Institute: http://www.pmi.org/ • CAPM, PMP and other professional standards • IPMA • International Project Management Association: http://ipma.ch/ • Several certifications
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Management Institute (PMI) • Established in 1969 • Certifications: most popular is PMP • Also offer CAPM, for novice PMs, and several specialized certifications • Currently over 590,000 PMPs in the world • Have published the Project Management Body of Knowledge or PMBOK, now in its 5th edition.
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Management Professional (PMP) • Requirements: • 5 years of project management experience • pass a rigorous exam • maintain ongoing professional development • Currently over 590,000 PMPs in the world • The CAPM or Certified Associate in Project Management only requires an exam and is considered to be a step along the way to a PMP
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management PMBOK Knowledge Areas (continued) • Managing Communication • Managing Risks • Managing Procurement • Managing Stakeholders
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Integration • Very active during the startup • Coordinates all activities in all other knowledge areas
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Scope • Scope generally defines what the project is all about • Forms the basis of agreement between the project SPONSOR and the project team • Changes in the scope may be proposed at any time during a project, but should follow a clearly defined approval process
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Scope and the WBS • A Work breakdown structure or WBS is the breakdown of the deliverables into manageable units of work.
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Schedule and Time Management • Based on the units of work defined by the WBS • Resources required are identified • Time durations are estimated • Dependencies are identified (such as, what task must be completed before another task can begin) • And a schedule can be created
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Schedule and Time Management • Several methods are available—details in a later chapter • Software is frequently used to assist with managing the time schedule
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Costs • Develop a budget • Several methods can be used to estimate
• Plan for the cash flow
• Track the expenditures • Explain deviations and make adjustments where required
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Project Quality • Quality plan defines • The quality standards • The methods that will be used to achieve the standards • The methods that will be used to measure the standards
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Human Resources • Identification of HR requirements • Selection of project team • Development of project team • Motivation and management of the project team
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Communication • Communication includes within the team and with others outside the team • The project should have a communication plan • Who needs to be communicated with • What methods will be used • What frequency • Who within the project will be responsible
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Risk • Risk represents the likelihood of the occurrence of an event that will negatively or positively impact the achievement of the project goals • Processes: • Identify risks • Analyze risks • Manage risks
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Procurement • Contracting to obtain supplies or services required to carry out the project • May be extremely complex • Time schedules can be crucial • On complex projects, almost always involves additional experts such as lawyers
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Stakeholder Management • Stakeholders are people or organizations who either will be impacted by the project or who can impact the project. • Always include: project sponsor, project team • May include: customers, suppliers, vendors, the public, land owners, voters, other departments within the organization, government, etc.
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management Stakeholder Management • Major tool is the stakeholder register • Lists stakeholder, role, all communications • Updated regularly throughout the project • New stakeholders can appear at any time
This work is licensed under a Project Management
Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management PMI Process Groups • Project Initiating • Project Planning • Project Executing • Project Monitoring and Controlling • Project Closing