PROJECT MANAGEMENT KNOWLEDGE AREAS Use our LINKEDIN10 coupon to avial flat 10%off on register page. Know All About Project Management Knowledge Areas Legendary American football coach Vince Lombardi once said, ‘Leaders aren’t born, they are made.’ And the saying couldn’t be truer. Project Managers are essentially leaders who lead a team and provide the necessary resources to accomplish a goal. Well, leading a team has never been an easy task, be it a kindergarten soccer team or a team of top scientists working on a space project. Thanks to the origin of project management concepts and studies in the previous century, now we have access to so many resources on all aspects of project management.

1. KNOWLEDGE
AREAS
PROJECT
MANAGEMENT

2. KNOW ALL ABOUT
PROJECT
MANAGEMENT
KNOWLEDGE AREAS
Project Management Institute (PMI) is
a prestigious and one of the most
widely recognized governing bodies
in the study of project management.
A Guide to the Project Management
Body of Knowledge (PMBOK ® GUIDE)
is a publication of PMI, which serves
as a fundamental resource for project
management in any industry.

3. PROJECT INTEGRATION
MANAGEMENT
The initiation phase – is the beginning of
the process, wherein an initial report is
drafted and the objective, stakeholders,
etc. are defined.
The planning phase – is the phase of
extensive planning for the project to take
place.
Execution phase – here the actual
project takes place according to the
project management plan.

4. Planning the scope
Collecting the requirements
Defining the scope
Creating a Work Breakdown
structure
Validating the scope
Controlling the scope
PROJECT SCOPE
MANAGEMENT

5. PROJECT TIME MANAGEMENT
Project time management will help reduce
the stress associated with working on
deadlines.
Since all the activities are pre-planned along
with their timelines. There will be no need
for new approvals or meetings, hence will
result in increased productivity.
Sticking to the deadline of individual tasks
will help finish the project on time.
Here are some of the benefits of having project
time management,

6. PROJECT COST
MANAGEMENT
Project cost management
provides knowledge on the
estimation techniques to calculate
the total amount required to run
the project. Cost efficiency is one
of the most desirable aspects of
the project management system.
No one wants to spend more
money than they have to. So
keeping the budges low and at a
reasonable level is important to
get approvals from the
stakeholders.

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