PMBOK® and how does it help project managers ?
Error messageNotice: Undefined index: Drupal_visitor_user_country in tcs_form() (line 55 of /var/www/html/public_html/sites/all/modules/custom/training_calendar_search_block/training_calendar_search_block.module).
What is PMBOK® ?
PMBOK® stands for Project Management Body of Knowledge
In Project management arena, Professionals believe "PMBOK® is the bible for project managers for clearing PMP® certification exam as well as to clear doubts in project management.
PMP with help of PMBOK® has been widely accepted as a common language to project managers across the globe
PMBOK® has various versions, Currently PMI - Project Management Institute recommends PMBOK®5 where knowledge area has been expanded from nine to ten bringing in stake holder management. PMBOK®5 stands as the most authentic source to study for PMP certification exam and to find solution to any scenario that comes a part of complex real time situation
In the PMP - Project Management Professional certification arena, It is a strong recommendation that to clear PMP Exam, Knowing every corner of PMBOK® means a lot to clear PMP Certification exam and get PMP Certification Credential.
PMI® ? who are they and what they do ?
PMI is the not for profit organization that servers project management community by helping the project managers and organization to follow best practices in project management. PMI® released its first version of PMBOK® in the year 1983 as a white paper, Currently PMI® recommends to use the updated PMBOK®5 and it was released in 2013.
How PMBOK helps?
PMBOK® was evolved eventually from various project management events & elements that followed project management standards. PMBOK® is not subjected to one industry in project management but it stands as framework that can be applied across various industries where project management can be implemented.
PMBOK not only helps the professional to clear PMP certification exam but also it gives a strong foundation on how project works across various industry. PMBOK defines Project Management, Role of a Project Manager in various verticals, Project Management Phases and complete project life cycle. PMBOK helps project manager to keenly control and maintain the workflow and paves way to increase the efficiency of the team as well as the outcome of the project.
It defines the basic concepts of Project, Project Management, Role of Project Manager in different Organizational Structures, Project Management phases and the Project Life Cycle.
PMBOK® provides practices that are widely accepted PMP as the project management framework and help organizations achieve enormous excellence in various verticals. PMBOK® defines everything as process that uses 5 process groups and 10 knowledge areas with inputs,outputs, tools & techniques.
PMBOK®5 has 47 processes around the process groups and knowledge areas. Earlier version of PMBOK® had only nine knowledge areas.
- Project Integration Management
- Project Scope Management
- Project Time Management
- Project Cost Management
- Project Quality Management
- Project Human Resource Management
- Project Communications Management
- Project Risk Management
- Project Procurement Management
With PMBOK®5, A new knowledge area has been added for better handling of stakeholder of the project.
- Project Stakeholder Management
This is all the information that PMBOK provides to project managers once they go through PMP Training and PMP Certification. PMBOK®5 gives exact idea of how to handle project successfully and stands as the most competent resource for project management and as well as project managers.