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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.

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0% 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.

Uploaded by

1234914
Copyright
© © All Rights Reserved
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
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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

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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

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management
PMBOK Knowledge Areas
• Managing Integration
• Managing Scope
• Managing Time/Schedule
• Managing Costs
• Managing Quality
• Managing Human Resources

. . . continued on next slide

This work is licensed under a Project Management


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

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management
Scope Statement
• Description of the scope
• Acceptance criteria
• Deliverables
• Exclusions
• Constraints
• Assumptions

This work is licensed under a Project Management


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

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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

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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

This work is licensed under a Project Management


Creative Commons Attribution 3.0 Unported License (CC-BY). Chapter 4: Framework for Project Management

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