This project management knowledge area has six processes. Two processes belong to the monitoring and controlling process group. This involves identifying risks that might occur during the execution of the project by making a risk register. individual risks as well as sources of overall project risks. The Project Scope Management includes six processes: Project Schedule Management is a process which refers to how the project manager manages his schedule for a particular project. It also ensures that the scope baseline is accurately maintained and updated ongoing. information needs as well as available organizational assets are taken into For example, if your project does not use third-party vendors, you do not need to use any of the processes and concepts within procurement management. Definition & Examples, Estimating Activity Durations: Definition, Methods, Practical Uses, Three-Point Estimating and PERT Distribution (Cost & Time Estimation), Schedule & Cost Performance Index, with Formulae & Examples (SPI/CPI), Estimating Cost of a Project: Techniques and Examples, Earned Value Analysis & Management (EVA/EVM) – Definition & Formulae, Estimate at Completion (EAC) – with Formulae & Examples. Then comes the need to control those cost through an earned value analysis. and product scope as well as the management of changes to the scope baseline. resources is estimated. The knowledge areas take place during anyone of these process groups. The goal of this process is to ensure their support and reduce project risks are identified and assessed, incl. In addition, new risks are identified and assessed. contract performance is monitored. definition of activities as The main output is the project charter. Everything! Project Integration Management. This process consists of statistical analyses (e.g. Aggregation of the estimated cost of all activities and work Thus, it’s essential that PMP-certified project managers are familiar with what they all are. Taking your PMP exam from home- What you need to know! Although if you want a more detailed review of these project management knowledge areas, you can enroll in an online PMP training. corrections as well as closing out contracts. Project Quality Management is the main criteria when it comes to determining the value of a project. This may also include corrective actions if required. The Project Management Institute (PMI) wants you to plan and execute your project in a specific order. Scope management PMP Knowledge area processes aim to control scope in a project and protects scope creep. Note that, this PMBOK knowledge area was known as Time Management before PMBOK 6th Edition change. I agree to receive communication on Newsletters, offers, updates, events, promotions, etc. CAPM or PMP certification exam, you will need to be familiar with these Inc. ITIL® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited, PRINCE2® is a registered trademark of AXELOS Limited, used under permission of AXELOS Limited, PRINCE2 Agile® is a registered trademark of AXELOS Limited, used under permission of AXELOS Limited, AgileSHIFT® is a registered trademark of AXELOS Limited, used under permission of AXELOS Limited, The Swirl logoTM is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. It is the knowledge area which contains the tasks that withhold the overall project together and integrates the project into a unified whole. If deviations are detected, the project manager needs to make changes to bring the project back in line with the project management plan. Briefly, we can say that there is a strong matrix structure which includes process groups, and project management knowledge areas. These are the chronological phases that every project goes through. This phase covers and tracks the project's total expenditure against the actual budget to make sure that the project is moving on track and within the fixed budget. Do this by determining if the stakeholders’ needs are being addressed. Managing the project team is an ongoing responsibility of the project manager. The processes included in this knowledge area are: As the name suggests it is mostly about communication. firstname.lastname@example.org, The Learning People Ltd is authorised and regulated by the Financial Conduct Authority.FCA number: 689955Company number: 07182042.
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