Project Management Using PMBOK Categories - Assignment Example

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The author focuses on Project Management Plan which is required to accomplish the desired goals successfully. Therefore, the planning committee should take assistance from the categories of the knowledge areas of PMBOK which are elaborated in accordance with their importance in dispute resolution system …
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Project Management Using PMBOK Categories
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Download file to see previous pages Therefore, considering a large number of project failures, the university has decided to obtain a report from a professional describing the importance of Project Management Knowledge Areas to the Planning Commission and how they would help them in making their projects a success. There can be certain problem areas that would require more time and effort than the others. There is a need to recognize these project areas and give them the due emphasis.
As the word suggests, project management is all about planning, motivating, organizing and controlling the available resources to achieve the goals. It is about the successful completion of a project in a way that all the desired goals are attained within the limited resources available.
In most cases, improper project management leads a project towards jeopardy or an unsuccessful ending. Therefore, in order to combat this situation, proper project management is a key tool. Project Management covers all the aspect of the project including time management, scope management, risk management, procurement and cost management. All these things are divided into four primary knowledge areas, which are further divided into nine sub-headings. These knowledge areas cover all the necessary aspects of a project.
A project can be managed properly if all these knowledge areas of project management are given due consideration. The PMBOK gives a complete insight of how a project can be managed properly and can achieve the completion status without any hindrance. The project management process is a tried and tested method of managing projects in different industries. The whole process can be further broken into four to five different processes which are governed by a control mechanism. These processes are normally known as project initiation, project design, project execution, project monitoring and project closing. ...Download file to see next pagesRead More
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