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ISBN. 978-1-62825-664-2. The Project Management Body of Knowledge ( PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge ( PMBOK Guide ), a book whose seventh edition was released in 2021.
Project management is the process of leading the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time, and budget. [2] The secondary challenge is to optimize the ...
ISO 21500, Guidance on Project Management, is an international standard developed by the International Organization for Standardization, or ISO starting in 2007 and released in 2012. It was intended to provide generic guidance, explain core principles and what constitutes good practice in project management. [1]
The processes of these knowledge areas are described by their inputs, tools and techniques, and outputs. The PMBOK also emphasizes the interaction and interdependence between different process groups. For example, the outputs from one process may be used by one or more other processes as inputs.
Due to the complex nature of the 'Time' process group the project management credential PMI Scheduling Professional (PMI-SP) was created. Cost [ edit ] To develop an approximation of a project cost depends on several variables including: resources, work packages such as labor rates and mitigating or controlling influencing factors that create ...
Project plan. A project plan, according to the Project Management Body of Knowledge (PMBOK), is: "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document ...
Earned value management is a project management technique for measuring project performance and progress. It has the ability to combine measurements of the project management triangle: scope, time, and costs. In a single integrated system, EVM is able to provide accurate forecasts of project performance problems, which is an important aspect of ...
Practice guides may become potential standards and if so, would undergo the process for the development of full consensus standards. Here is a list of the current standards or guides in each category: Foundational Standards. A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Seventh Edition (2021).
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