PMBOK
The Project Management Body of Knowledge (PMBOK) is a collection of processes and knowledge areas generally accepted as best practice within the project management discipline.
PMBOK provides fundamentals for project management and is recognized internationally by the standard IEEE Std 1490-2003. PMBOK recognizes 5 basic process groups and 9 knowledge areas typical of almost all projects. The basic concepts are applicable to projects, programs and operations.
Processes overlap and interact throughout a project or phase. Processes are described in terms of:
- Inputs (documents, plans, designs, etc.)
- Tools and Techniques (mechanisms applied to inputs)
- Outputs (documents, products, etc.)
PMBOK also contains elements unique to project management: critical path and work breakdown structure (WBS). Some areas of PMBOK overlap with other management disciplines: risk management, finance, performance management, human resources management. PMBOK includes elements of planning, organizing, staffing, executing and controlling the operations of an organization. Financial forecasting, organizational behavior and planning techniques are also similar.
Our project management methodologies and training materials are closely aligned with the Project Management Body of Knowledge (PMBOK) methodology.
5 PMBOK Process Groups
Initiating
Planning
Executing
Monitoring and Controlling
Closing