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Key Areas of Project Management

The document describes the five process groups and ten knowledge areas of project management. The five process groups are initiation, planning, execution, monitoring and controlling, and closing. The ten knowledge areas are integration management, scope management, schedule management, cost management, quality management, resource management, communication management, risk management, procurement management, and stakeholder management. Each knowledge area involves different processes in the initiating, planning, executing, monitoring and controlling, and closing phases.

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Peng Guin
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0% found this document useful (0 votes)
147 views3 pages

Key Areas of Project Management

The document describes the five process groups and ten knowledge areas of project management. The five process groups are initiation, planning, execution, monitoring and controlling, and closing. The ten knowledge areas are integration management, scope management, schedule management, cost management, quality management, resource management, communication management, risk management, procurement management, and stakeholder management. Each knowledge area involves different processes in the initiating, planning, executing, monitoring and controlling, and closing phases.

Uploaded by

Peng Guin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Five Process groups

1. initiation phase – Start of the process of the initial report creation and stakeholder recognition.

2. Planning Phase - Project planning by preparing the management plan, scope, etc.

3. Execution Phase-It is per scheduled management data across all fields of knowledge.

4. Phase of Monitoring and Controlling - Project Monitoring & Controlling as per the planned progress.

5. Closing stage: After the final sign-off, delivery of the project to the client!

Key Areas of Project Management

1. Project Integration Management

It starts with the project manager & concerned team investigating the project’s details based on
the plan from initiation to the planning phase.

2. Project Scope Management

It collects the project requirements, defines the goals & missions that will complete the project
diagram & making the right work breakdown structure to help the team go ahead with the schedule
management plan for its implementation in the planning stage.

3. Project Schedule Management

The schedule of time is an essential factor for the completion of the project. It will boost the
industry's performance and ratings in the industry since the customer will come back when the project is
on time.

4. Project Cost Management

It will determine the company's credibility & effectiveness in executing the project in the
accepted invoice amount.

5. Project Quality Management

The prominent indicators determine deliverables, cost & schedule directly proportional to the
final delivery’s quality & project scope.

6. Project Resource Management

It is the backbone of the project's backbone regarding human capabilities and planning its
overall project schedule. The work starts with planning the resources from cost, quality, and schedule
management and keeping the project scope focused on the deliverables.

7. Project Communications Management

It involved different people internally or externally, which is the lifeline for the project's success
or failure. Communication could be synchronous or asynchronous, where all team members are present.
8. Project Risk Management

It is the process to identify the potential risks that will affect the project. Hence, analyze how it
will impact the pace of implementing the project over the planned schedule.

9. Project Procurement Management

The vendor's management & purely referred to the supplies that will affect the deliverables of
the project. Hence, the procurement of the supplies from vendors in the allocated budget and quality
assurance will affect its deliverable.

10. Project Stakeholders Management

It starts with identifying possible stakeholders to be part of the project, which are internal and
external. The people nominated as a representative in the project are from the customer side &
executor side.

KNOWLEDGE AREAS
PROCESS MONITOR &
INITIATING PLANNING EXECUTING CLOSING
GROUPS CONTROL
 Monitor &
control
 Develop  Direct & project
Project  Develop
project Manage work
Integration project
management project  Perform
Management charter
plan work integrated
change
control
 Plan Scope
Management  Validate
Project Scope  Collect Scope
Management Requirement  Control
 Define Scopes Scope
 Create WBS
 Plan Schedule
Management
 Define
Activities
 Sequence
Activities
Project Time  Estimate  Control
Management Activity Schedule
Resources
 Estimate
Activity
Duration
 Develop
Schedule
 Plan Cost
Project Cost  Control
Management
Management Costs
 Estimate Costs
 Determine
Budget
 Perform
Project Quality  Plan Quality Quality  Control
Management Management Assuranc Quality
e
 Acquire
Project
Team
 Develop
Project HR  Plan HR
Project
Management Management
Team
 Manage
Project
Team
 Plan
Project  Manage  Control
Communicatio
Communication Commun Commun
n
Management ications ications
Management
 Plan Risk
Management
 Identify Risks
 Plan
Qualitative
Project Risk  Control
Risk Analysis
Management Risks
 Plan
Qualitative
Risk Analysis
 Plan Risk
Responses
Project  Plan  Conduct  Control
 Close
Procurement Procurement Procurem Procurem
Management Management ent ent
Procurement
 Manage  Manage
Project  Plan Stakehol Stakehol
 Identify
Stakeholder Stakeholders ders ders
stakeholder
Management Management Engagem Engagem
ent ent

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