Project Management Body of Knowledge

(PMBOK) definitions
• Project: A project is a temporary endeavor undertaken to create a unique product,
service or result.
• Unique means, the product or service is different in some context from all products or services
created before.
• Temporary means, the project has a definite beginning and definite ending
• Drive change in organizations, a project is aimed at moving an organization from one state to
another state in order to achieve a specific objective
• Enables business value creation
• Project Initiation Context.
• Project Management: It is the application of knowledge, skills, tools and
techniques to project activities to meet the project requirements. Project
management is accomplished through the appropriate application and integration
of the project management processes identified for the project.

According to PMBOK®-Guide Sixth edition

Project Management Body of Knowledge
(PMBOK) definitions
• Program: A program is a group of related projects, subsidiary
programs, and program activities that are managed in a coordinated
manner to obtain benefits not available from managing them
individually.
• Portfolio: A portfolio is a collection of projects, programs, subsidiary
portfolios, and operations managed as a group to achieve strategic
objectives.
International Project Management
Association (IPMA)
• The IPMA is the global standard for individual competence in project, programme
and portfolio management.
• It supports the development of individual competence through the presentation of
a complete inventory of competence elements across projects, programmes and
portfolios.
• IPMA goals:
• To enrich and improve the individual’s competence in project, portfolio and
programme management and to provide inventory of competences that if fully
realized, represent complete mastery of these management domains
Organization and Project Management
Processes
Project life cycle is managed by executing a series of project
management activities known as project management processes. Every
project management process produces one or more outputs from one or
more inputs by using appropriate project management tools and
techniques.

According to PMBOK®-Guide Sixth edition p.22

Organization and Project Management
Processes
Project Management Processes generally fall into one of three categories

• Processes used once or at predefined points in the project

• Processes that are performed periodically as needed
• Processes that are performed continuously throughout the project

Project management is accomplished through the appropriate application and

integration of logically grouped project management processes. While there are
different ways of grouping processes, PMBOK Guide groups processes into five
categories called Process Groups.
PROJECT MANAGEMENT PROCESS
GROUPS
Process Groups are independent of project phases.
Project management processes are grouped into five
Project Management Process Groups

• Initiating Process Group

• Planning Process Group
• Executing Process Group
• Monitoring and Controlling Process Group
• Closing Process Group
Overview of Project Management Body of Knowledge (PMBOK)
Purpose
 PMBOK identifies a subset of the project
management body of knowledge that is generally
recognized as good practice
 Provides a common terminology for all project
staff members / stakeholders
 Generic approach to project management
 Complex system view of project management
 Applicable to all kinds of projects, organization
and environments
Structure
 Gives key definitions of project, project
management etc.
 Describes the various project management
processes and how they fit into the 5 process
groups
 Illustrates and describes the 10 project
management knowledge areas
 Provides a glossary with definitions of all relevant
terms
 Follows an input → tools & technology → output
pattern
Thanks to all