Define PMI (project management institute) and PMBOK (project management book of knowledge)
PMI ( Project Management Institute): It is a global NPO for management of projects and it’s primary services include: developing various standards, research, education and publication, Opportunities of networking in the local chapters, hosting various conferences regularly and seminars for training and development purposes and the main task is to provide accreditation in project management.
The PMBOK Guide on the other hand is purely process-based, for example it describes how the work shall be done or accomplished by explaining the process. It like process based learning. This process based approach is very much in consistent with various other management standards such as the ISO 9000 and the Software Engineering Institute’s CMMI.
The Processes are described in various terms such as:
1. The Input process (This includes all the primary and raw data such as the documents, the initial plans, various project designs, etc.)
2. Techniques and Tools (The various types of mechanisms which is applied to inputs)
and Outputs (such as, products, and procedures etc.)
3. The process Guide which recognizes 42 main processes which fall into the basic five process groups and nine main knowledge areas that are typically used in almost all of the projects.
The main five process groups are:
Initiating the process
Planning the entire process
Executing the plan
Monitoring and Controlling the budget and various aspects of the plan
Closing the plan and comparing it with the initial goals which are set.
The main nine knowledge areas of the project are:
The Project Integration and Management
The cope of project management
The Project management in terms of timeline of the project
The Project management in terms of the cost of the project and estimating the budget
The ProjectManagement in terms of the quality of the project which is of utmost importance.
The Project Management in terms of the human resource needs
Project management in terms of the communication aspect which forms an important part as effective communication is very vital.
Project management in terms of the risk which can be taken by the project manager
Project management in terms of the procurement.