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8. The risk log is where the risks of projects … Risk - Risk is nothing but the uncertainty in the projects. The project manager must ensure that key stakeholders are informed about the project progress, changes, issues, and another deviation from the scope, cost, and timelines. Proficiency in each of these areas can make the difference between a smoothly run project … PMP is a knowledge with experience based exam. 1.1.2. These knowledge areas include: 1. … Integration  - The project during the execution is divided into various small activities and the activities are divided into other smaller tasks. Project management … There are 10 project management knowledge areas covered by the PMBOK® Guide. What are the PMI Knowledge Areas? The credibility and effectiveness of the organization are impacted if the cost is not managed properly. Project Quality Management. These processes, together, accomplish proven project management functions and drive project success. 8. A Guide to the Project Management ody of Knowledge… As an active member of the PMI and an expert in the industry, she has written several textbooks and how-to guides on the subject. The stakeholders consist of the project sponsor, project teams, top management, and customer. These aspects such as scope of the project, given time frame, project cost, risk, quality, communication, procurement and human resources are termed as project management knowledge areas in PMBOK® Guide. 7. StarAgile is a partner firm for the PMI to conduct PMP online training. The knowledge areas of project management describe project management practices and knowledge in term of its inherent processes. Project Risk Managemen… These are done by a different team of people and must be integrated to form large products or services in the end. Everyone involved in projects must have communication of the project's status, progress, issues, changes, and the direction. Quality Management - Quality metrics, checklists, quality control charts, Pareto diagrams, fishbone diagrams, maturity models, and statistical models. Project Integration Management 2. 9. … According to it, there are 49 processes mapped across 5 phases and 10 knowledge areas. What are the Components of Cost of the Project? This can be done by having training in the PMP course at StarAgile. Cost - Cost is one of the triple constraints along with scope and time any changes to the cost will impact the other variables. Project Management Knowledge Areas In addition to the Project Process Groups, the PMI has defined 10 Project Knowledge Areas. The project management knowledge areas are the 10 areas for effectively and efficiently managing the projects recommended by PMI in the PMBOK that is for the PMP certification. Schedule - Time or the schedule can be managed by various tools such as PERT, CPM, and Gantt charts. This is, of course, the work of the project manager but if you aspire to become a PM then you must learn these topics. The Project Management Body of Knowledge (PMBOK), produced by the Project Management Institute, is the gold standard for the project management profession. Risk Management - Risk management plans, risk registers, probability/impact matrices, and risk rankings. The residual risks must be managed and communicated by the project manager, this is the risk leftover after the risks are treated. Integration Management Project integration is about making sure all the different strands of a project hang together correctly so you can see the bigger picture. The Project Time Management knowledge area also has five processes: Activity Definition, Activity Sequencing, Activity Duration Estimating, Schedule Development, and Schedule Control. 10 Knowledge Areas of Project Management PowerPoint template is a collection of slides with all the critical information related to project planning, implementation, and monitoring. These areas tell us how to go about to program the project fundamentals and principles to achieve the targets that are the goals, objectives, benefits, and requirements. 10. Quality - If any 3 constraints such as cost, time, and scope are impacted then it will have a direct impact on the quality of the product. As a project manager prepares to start a new project, the project charter, project scope, and high-level milestones and tasks are developed. For reference purposes, here are the 10 Knowledge Areas of the PMBOK Guide: Project Integration Management Gaining expertise in any one of these knowledge areas can help you become a rock star in your organization. Project Management rules are governed by Project Management Body of Knowledge called PMBOK which is currently in its 6 th edition. It is the knowledge area which contains the tasks that withhold … The knowledge areas occur throughout any time during the process groups. The overarching piece of our matrix are the Knowledge Areas. The BABOK has 6 Knowledge Areas, whereas the PMBOK contains 10 Knowledge Areas. Some of the document that is used for communication is the project charter, project plan; changelog, issue log and risk register, etc. PMBOK 6 Knowledge Areas. Any changes to the scope will impact the quality, cost, and timelines. The schedule shows the start time and finishes time for the project completion and all the activities. It has always been practiced informally, but began to … Communications - This is the key area in the management. 6. Project Management Knowledge Areas. The 5 th edition of the PMBOK™ (Project Management Body of Knowledge) identifies ten (10) knowledge areas that help a project or engineering manager ensure that all aspects of a project are covered. All Rights Reserved, Designed and Developed By Nexevo Technologies, Note: This coupon code is applicable for all the trainings. These are the ten project Management knowledge area. Communications Management - Communications plans, kickoff meetings, conflict resolution, communications media selection, status and progress reports, virtual communications, templates, and project web sites. 2 of the knowledge areas are renamed: Time management will be renamed to Schedule Management - this change will place an emphasis the importance of scheduling in project management. Human Resource Management - Motivation techniques, empathic listening, responsibility assignment matrices, project organizational charts, resource histograms, and team building exercises. These can be managed by calculating the expected time from the formula using optimistic time, pessimistic time, and most likely time. The Ten Knowledge Areas of Project Management Knowledge Areas Project Integration Management Project integration management is about getting your arms around a new project. So we have to understand the 5 Process Group, 10 Knowl;edge Area and 49 Processes is very important instead of Memorizing … Project Integration Management. Scope  - This is the first step and starts with the development of a project charter and planning. Manage the project scopeManage the project time … Project Human Resources Management 8. 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