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Nine PMI Standards

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BPP's customer, Innovative Systems, has had very uneven results from the ad hoc approach it has taken to running its business. It is considering adopting PMI standards in organizing and managing its projects. Explain the idea of project management knowledge areas.

1. Describe the nine PMI standard project management knowledge areas in some detail.
2. How do the knowledge areas relate to the process groups? Briefly define important terms. (about 1 - 2 pages of infromation)

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Lets' take a closer look at information from various sources, which you can draw on for your final response:

RESPONSE:

There is a general consensus about the important of managing knowledge, given the importance of knowledge as a basis of competition and operational effectiveness (http://www.providersedge.com/docs/km_articles/What_is_a_KM_Project.pdf). And, given this recognized importance, the Body of Knowledge (PMBOK Guide) was introduced to the management world, which is an effective project management guide, which is an internationally recognized standard, that provides the fundamentals of project management as they apply to a wide range of projects, including software, automotive, construction and others. (http://standards.ieee.org/reading/ieee/std_public/description/se/1490-2003_desc.html). Therefore, PMI standards are often adopted in organizing and managing its projects.

Project management is "the application of knowledge, skills, tools, and techniques to project activities to meet project requirements" (http://www.tutorialspoint.com/pmp-exams/project_management_processes.htm). Information and knowledge are not the same. Whereas information is defined as a flow of messages, knowledge is the combining of information and context in a way that makes it actionable. Therefore, knowledge management has several characteristics that differentiate them from traditional information management or information systems projects. In one study, for example, of companies who apply the nine PMY standards and the five group processes, the authors found some common characteristics of knowledge management projects: Goals emphasize value-added for users , support operational improvement and innovation , adds value to content by filtering, synthesizing, interpreting, pruning content, usually requires ongoing user contributions and feedback and balanced focus on technology and culture issues in creating impacts (http://www.providersedge.com/docs/km_articles/What_is_a_KM_Project.pdf).

The PMBOK Guide identified certain characteristics that are typical of almost all projects-44 processes that fall into five basic process groups and nine knowledge areas. Specifically, the nine knowledge areas include the following: Project Integration Management, Project Scope Management, Project Time Management, ...

Solution Summary

By addressing the questions, this solution describes the nine PMI standard project management knowledge and how the areas relate to the group process. References are provided.

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PM standards information

PM standards

Project management is a relatively young practice, and the memory and terminology of many nonstandard PM models are still fresh and, in some cases, still in use. The use of a common base of concepts and a common language of terms is much to be desired in any complex environment. Fortunately, there are project management standards.

The Guide to the PMBOK is a PMI-managed project management global standard. It lays out the fundamental concepts and terms of formal project management. These fundamentals are flexible in implementation. There has also been a wealth of work done to develop industry-specialized project management disciplines and standards.

APP is ready to overhaul its project management practices. Top management is convinced that it will benefit from adopting PMI standards in organizing and managing its projects and is encouraging all of its employees (including you) to discuss the five PMI standard project management process groups and how they relate to each other. Briefly define important terms of these groups. Be sure to reference all sources using APA style.

Note: Responses are especially important because the primary post information is likely to be somewhat redundant. In your responses, fill in the gaps that you see in the discussion so far and extend the discussion to new areas.

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