A Guide to Project Management

Projects are a means by which strategy is implemented

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Unformatted text preview: demands for: scope, time, cost, risk, and quality. Stakeholders with differing needs and expectations. Identified requirements. It is important to note that many of the processes within project management are iterative in nature. This is in part due to the existence of and the necessity for progressive elaboration in a project throughout the project life cycle; i.e., the more you know about your project, the better you are able to manage it. The term project management is sometimes used to describe an organizational approach to the management of ongoing operations. This approach, more properly called management by projects, treats many aspects of ongoing operations as projects to apply project management techniques to them. Although an 6 NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST ACROYMNS LIST A Guide to the Project Management Body of Knowledge (PMBOK Guide) 2000 Edition 2000 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA Chapter 1--Introduction understanding of project management is critical to an organization that is managing by projects, a detailed discussion of the approach itself is outside the scope of this document. Knowledge about project management can be organized in many ways. This document has two major sections and twelve chapters, as described below. 1.3.1 The Project Management Framework Section I, The Project Management Framework, provides a basic structure for understanding project management. Chapter 1, Introduction, defines key terms and provides an overview of the rest of the document. Chapter 2, The Project Management Context, describes the environment in which projects operate. The project management team must understand this broader context--managing the day-to-day activities of the project is necessary for success but not sufficient. Chapter 3, Project Management Processes, describes a generalized view of how the various project management processes commonly interact. Understanding these interactions is essential to understanding the material presented in Chapters 4 through 12. A Guide to the A Guide to the 1.3.2 The Project Management Knowledge Areas Section II, The Project Management Knowledge Areas, describes project management knowledge and practice in terms of their component processes. These processes have been organized into nine knowledge areas, as described below and as illustrated in Figure 1-1. Chapter 4, Project Integration Management, describes the processes required to ensure that the various elements of the project are properly coordinated. It consists of project plan development, project plan execution, and integrated change control. Chapter 5, Project Scope Management, describes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. It consists of initiation, scope planning, scope definition, scope verification, and scope change control. Chapter 6, Project Time Management,...
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