PM FPX 3000 Assessment 4 Project Management Knowledge Areas & Process Groups PM-FPX3000 Principles of Project Management

 

Prof. Name:

Date

KEY TERMS

• Inputs: Refers to any item, whether internal or external to the project, that is necessary for a process to proceed. It may also be an output from a preceding process.

• Outputs: Represents a product, result, or service produced by a process. Outputs may serve as inputs to a subsequent process.

• Tools: Denotes tangible items, such as templates or software programs, utilized in carrying out an activity to generate a product or result.

• Techniques: Describes a defined systematic procedure used by human resources to perform an activity aimed at producing a product or result or delivering a service, which may involve one or more tools.

PROJECT MANAGEMENT PROCESS GROUPS

• Initiating Process: Establish the project at a high level.

• Planning Process: Detail the project, including the methodology.

• Executing Process: Carry out the actual work.

• Monitoring and Controlling Process: Assess and oversee the project’s performance.

• Closing Process: Conclude and transfer the project.

PROCESS GROUPS: INPUTS AND OUTPUTS

PROJECT MANAGEMENT KNOWLEDGE AREAS

• Integration Management

• Scope Management

• Schedule Management

• Cost Management

• Quality Management

• Resource Management

• Communications Management

• Risk Management

• Procurement Management

• Stakeholder Management

REFERENCES

Kloppenborg, T. J., Anantatmula, V., & Wells, K. N. (2019). Contemporary project management (4th ed.).

Project Management Institute. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)–Sixth Edition. Project Management Institute Inc.