PM Processes Flashcards
Overarching function that coordinates the work of all other knowledge areas. It affects and is affected by all of the other knowledge areas.
Integration management
Involves working with all appropriate stakeholders to define, gain written agreement for, and manage all the work required to complete the project successfully
Scope management
Includes estimating how long it will take to complete the work, developing an acceptable project schedule given cost-effective use of available resources, and ensuring timely completion of the project.
Schedule management
Consists of preparing and managing the budget for the project.
Cost management
Ensures that the project will satisfy the stated or implied needs for which it was undertaken.
Quality management
Concerned with making effective use of the people and physical resources needed for the project.
Resource management
Involves generating, collecting, disseminating, and storing project information.
Communications management
Includes identifying, analyzing, and responding to risks related to the project.
Risk management
Involves acquiring or procuring goods and services for a project from outside the performing organization.
Procurement management
Focuses on identifying project stakeholders, understanding their needs and expectations, and engaging them appropriately throughout the project.
Stakeholder management