PMP EXAM

Knowledge Areas

The Project Management Body of Knowledge, generally known as PMBOK, deals with nine fundamental subjects for the project management. These are:

Project Integration Management

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resources Management

Project Communications Management

Project Risk Management

Project Procurement Management

Approach on how to execute the functions of project management is mentioned in these nine knowledge areas:

Project Integration Management

Project integration management is a group of necessary processes that delineate the project, with the purpose of creating successful projects. The processes included in Project Integration Management are:

Develop the project charter

Develop the project management plan

Direct and manage project execution

Monitoring and control project work

Integrate change control

Close project or phase

Project Scope Management

Scope management in a project basically concerns five processes, the purpose of which is to make sure that the project is all-embracing, and going astray is avoided. This knowledge area includes:

Collect requirements, for defining the project scope

Define project scope, what is included, and what is not included

Create work breakdown structure

Verifying the scope

Controlling the scope

Project Time Management

The third knowledge area mentioned in the PMBOK guide covers details for managing time in a project. The project managers learn how to handle project delays and budget overruns by using PMI project management institute methodologies, like PERT chart, or critical path method. The processes used for this purpose are:

Define activity

Sequence activity

Estimate the activities duration

Estimate resources required for the activities

Develop project schedule

Control schedule

Project Cost Management

Cost management basically concerns the project resources, and budgeting. Cost is controlled by various techniques, like internal rate of return, NPV calculator, budget spreadsheet, and others. The processes included in the cost management are:

Estimate cost

Develop budget

Control cost, by using PMI project management institute methodologies, like EVM Earned Value Management.

Project Quality Management

Quality management ensures maintenance of product quality in the project deliverables, according to the desired standards, by using various methodologies, like six sigma, lean, and others. Processes included in this knowledge area are:

Plan quality

Assure quality

Control quality

Project Human Resource Management

This knowledge area deals with the characteristics of managing the project human resources, during development of project plans, and execution of the project. This includes acquirement, development, and management of the team. Cultural differences should be carefully managed, including the cultural differences of nonverbal communication.

Project Communication Management

Efficient communication is the foremost criteria for the project success. This important function of project management includes understanding who desires to understand what, how, and when. Processes include:

Identify stakeholders

Plan communications

Distribute information

Manage stakeholder expectations

Report performance

Project Risk Management

Risk management is vital for successful management of projects. There are numerous techniques that may be applied to manage project risks, including Monte Carlo method risk analysis. SWOT analysis for Target Corporation may be studied to learn the concepts of SWOT analysis. Processes of risk management mentioned in the PMBOK guide are:

Plan risk management

Identify risks

Qualitative risk analysis

Quantitative risk analysis

Plan risk response

Monitoring and control RISKS

Project Procurable Management

Managing procurement is the last knowledge area of PMBOK. The processes are:

Plan procurement

Conduct procurement

Administer procurement

Close procurement

After studying all the nine knowledge of the PMBOK Guide, which would have been studied in detail during the PMP certification course, you may be well prepared to attempt the PMP certification test.