It contains an entire collection of tools, techniques, methodologies, terminologies and best practices for project managers. The PMBOK outlines a framework and best practices that project managers can utilize to manage projects successfully. It is mainly focussed on waterfall project management methodologies, however, this is going to change with the release of the PMBOK 7th edition in or Because the industry is increasingly shifting to agile methodologies, with the release of the PMBOK 6th edition, PMI also introduced the first edition of the Agile Practice Guide, which focusses exclusively on agile project management methodologies.
This change was made on January 2, For those who are interested in becoming PMP certified, being very familiar with this chart is essential. A knowledge area is a "category" of project management. The knowledge areas work together to complete a project. The 10 knowledge areas in the PMBOK 6th edition are: integration, scope, schedule, cost, quality, resources, communications, risk, procurement, stakeholders.
Let's dive into each of them now. Integration management is where the project comes together. All the moving parts are combined and unified. This is where all the outputs of other processes are combined to form the project deliverables.
Project scope includes all of the work required to complete the project. Scope management involves defining what will be included in the project scope and what will not be, and actively managing scope throughout the entire project to prevent scope creep.
The project schedule tells you when each of the project activities need to start and finish. Schedule management includes the creation of the project schedule, ensuring the project team follows the schedule, and managing changes to it. Every project manager has a budget to adhere to. Cost management involves estimating project activity costs, creating the project budget, tracking project expenditures, and keeping overruns to a minimum.
Quality refers to how closely the project deliverables adheres to the stakeholders' requirements. And to support your success, the interactive MindTap platform features nutrition and diet therapy case studies, N. What is ebook? An eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader. Lost your password?
Add to Wishlist. PFIN eBook. PFIN eBook quantity. Description Reviews 0 Delivery: Can be download immediately after purchasing. Printable 4LTR Press solutions give students the option to choose the format that best suits their learning preferences. Michael D. Joehnk is an emeritus professor of finance at Arizona State University. In addition to his academic appointments at ASU, Dr. Joehnk spent a year as a visiting professor of finance at the University of Otago in New Zealand.
He received his B. He also served as a director of the Phoenix Society of Financial Analysts and as secretary-treasurer of the Western Finance Association.
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