“Project Management”

Research a scholarly paper on “Project Management” and reflect on “PMI”: PMI identifies a number of Process Groups, Knowledge Areas and individual Processes. Which ones seem the most critical or the most demanding or the most complex.

Must use scholarly peer reviewed paper. Reference reference must include the URL/DOI
APA-7 cited
300 words length minimum

Research a scholarly paper on “Project Management” and reflect on “PMI”: PMI identifies a number of Process Groups, Knowledge Areas and individual Processes. Which ones seem the most critical or the most demanding or the most complex.

Introduction

Project Management Institute (PMI) defines the “Five Process Groups” of Project Management, which are related to the “Five Knowledge Areas” of Project Management. Seven process groups and seven knowledge areas are defined in the PMI Guide. The seven process groups are:

Project initiation and planning: This group includes activities associated with identifying and understanding a project’s objectives, selecting a team to lead the project, developing project scope statements and organizing resources required for successful execution of the project. These tasks involve several individuals who may include a client representative or consultant who coordinates specific work assignments; one or more project managers who manage all facets of their assigned projects; an operations manager who oversees day-to-day activities within an organization’s various departments during times they’re not directly involved in other projects being managed by another person; engineering staff members responsible for technical feasibility studies, design specifications and detailed drawings necessary during phases where construction takes placeboth on site at construction sitesand elsewhere by mail orderor via electronic transmissionthrough computer networks such as Internet ProtocolNetwork(IPN),Fiber OpticsCable Transmission(DOCSIS),etc

The PMBOK Guide is a standard for project management.

The PMBOK Guide is a standard for project management. It’s a compilation of best practices that can be implemented by any organization to improve its processes and procedures.

The Project Management Body Of Knowledge (PMBoK) was developed by the Project Management Institute (PMI) as an aid to project managers worldwide.

The five processes of PMI are related to the five knowledge areas of the PMBOK Guide.

PMI identifies a number of Process Groups, Knowledge Areas and individual Processes. Which ones seem the most critical or the most demanding or the most complex?

• The five processes of PMI are related to the five knowledge areas of the PMBOK Guide.
• They are: Planning, Scheduling, Budgeting, Controlling and Monitoring – Planning involves creating a plan for your project with time estimates and resource requirements; Scheduling involves deciding on when each step in your process will take place; Budgeting involves estimating costs for each part of your project; Controlling involves measuring whether each step in your process is completed correctly (or not) so that you know where you stand at any given point in time; Monitoring involves reviewing data generated by previous steps so that you can see what has happened so far on this particular item(s).

Seven process groups are defined in the PMBOK guide.

PMI identifies a number of Process Groups, Knowledge Areas and individual Processes. Which ones seem the most critical or the most demanding or the most complex?

Seven process groups are defined in the PMBOK guide:

• Project Scope Management (PSM) – This group includes activities that support project management planning and execution, such as identifying requirements, documenting risks, estimating costs and scheduling efforts. It also includes activities related to risk mitigation including contingency planning for unplanned work/costs identified during scope definition (e.g., changes in scope).
• Risk Management / Risk Mitigation Strategy Development (RRMS) – This group consists of processes required to plan how you will manage risks related to your project’s success–for example: identifying potential problems before they happen; developing ways to handle them when they occur; implementing strategies so that they don’t become major problems during execution; monitoring progress toward achieving acceptable levels of performance over time by comparing actual results against planned ones

The seven process groups are related to seven knowledge areas defined by PMI.

The seven process groups are related to seven knowledge areas defined by PMI.

The Knowledge Areas define the area of knowledge within which you need to be proficient in order for your project to be successful and meaningful. They are not necessarily skills that you must master, but rather they describe the core competencies needed for a successful project manager or practitioner. Each Knowledge Area has an associated Process Group that describes a specific type or application of work within that KA (e.g., “Project Scheduling” is part of the Processes group).

This article focuses on research and reflection on project management as presented in the books “PMP Exam Prep” and “PMP Exam Prep Second Edition”.

The PMP Exam Prep book has chapters on:

• Project management process groups and knowledge areas
• Processes (the 4 Ps) and work breakdown structures (WBS)

The PMP Exam Prep Second Edition book has chapters on:

• Knowledge Areas and Process Groups; Knowledge Area Characteristics – Summary of Key Points from “PMOngestion” by John Loughlin; Scope Management – The Scope Management Process; Logistics Support – The Logistics Support Process

Conclusion

Project management is an important part of any business. It helps ensure that the project will be completed on time and within budget–and it also ensures that everyone on the team knows what’s going on. The most popular book on project management is “PMP Exam Prep”, which provides a thorough introduction to project management concepts, including planning, organizing and executing projects effectively through effective communication skills (e.g., stakeholder engagement). However, there are many other books available as well; here are some recommendations: