Source: PMBOK 4

th
Ed.
1
The Project Management Body of Knowledge (PMBOK)
The PMBOK guide is an attempt to document the generally
accepted PM information and practices and has since become the
standard amongst project management around the globe.
Source: PMBOK 4
th
Ed.
2
Processes overlap and interact throughout a project or phase.

Processes are described in terms of:
Inputs (documents, plans, designs, etc.)
Tools and Techniques (mechanisms applied to inputs)
Outputs (documents, products, etc.)
The Project Management Body of Knowledge (PMBOK)
is a collection of processes and knowledge areas generally accepted
as best practice within the project management discipline.
As an internationally recognized standard (IEEE Std 1490-2003) it
provides the fundamentals of project management, irrespective of
the type of project be it construction, software, engineering,
automotive etc.
PMBOK recognizes 5 basic process groups and
9_knowledge areas typical of almost all projects.
Source: PMBOK 4
th
Ed.
3
Knowledge
Areas
Project Management Process Groups
Initiating Planning Executing Monitoring & Controlling Closing
Project
Integration
Management
Develop Project
Charter
Develop Project
Management Plan
Direct and Manage
Project Execution
Monitor and Control Project
Work
Perform Integrated Change
Control
Close Project or
Phase
Project Scope
Management
Collect Requirements
Define Scope
Create Work Breakdown
Structure (WBS)
Verify Scope
Control Scope
Project Time
Management
Project Time
Management
Define Activities
Sequence Activities
Estimate Activity Resources
Estimate Activity Durations
Develop Schedule
Control Schedule
Project Cost
Management
Estimate Costs
Determine Budget
Control Costs
Project Quality
Management
Plan Quality Perform Quality
Assurance
Perform Quality Control
Project Human
Resource
Management
Develop Human Resource
Plan
Acquire Project Team
Develop Project Team
Manage Project Team
Project
Communications
Management
Identify
Stakeholders
Plan Communications Distribute Information
Manage Stakeholder
Expectations
Report Performance
Project Risk
Management
Plan Risk Management
Identify Risk
Perform Qualitative Risk
Analysis
Perform Quantitative Risk
Analysis
Plan Risk Response
Monitor & Control Risk
Project
Procurement
Management
Plan Procurements Conduct Procurements Administer Procurements Close
Procurements
Project Management Process Groups and Knowledge Areas Map (Process Matrix Chart)
Source: PMBOK 4
th
Ed.
4
Project Cost Management

Describes the processes involved in planning, estimating, budgeting, and
controlling costs so that the project can be completed within the approved
budget.

Estimate Costs
Determine Budget
Control Costs

Comments: for developing cost estimates and budgets and performing ongoing project cost control.
Source: PMBOK 4
th
Ed.
5
Inputs Tools & Techniques Outputs
Estimate Costs
Inputs, Tools and Techniques, and Outputs
1. Expert judgment
2. Analogous estimating
3. Parametric estimating
4. Bottom-up estimating
5. Three-point estimates
6. Reserve analysis
7. Cost of quality
8. Project management
estimating software
9. Vendor bid analysis
1. Activity cost estimates
2. Basis of estimates
3. Project document updates
1. Scope baseline
2. Project schedule
3. Human resource plan
4. Risk register
5. Enterprise environmental
factors
6. Organizational process assts
Source: PMBOK 4
th
Ed.
6
Inputs Tools & Techniques Outputs
Determine Budget
Inputs, Tools and Techniques, and Outputs
1. Cost aggregation
2. Reserve analysis
3. Expert judgment
4. Historical relationships
5. Funding limit reconciliation
1. Cost Performance baseline
2. Project funding requirements
3. Project document updates
1. Activity cost estimates
2. Basis of estimates
3. Scope baseline
4. Project schedule
5. Resource calendars
6. Contracts
7. Organizational process
assets
Source: PMBOK 4
th
Ed.
7
Inputs Tools & Techniques Outputs
Control Costs
Inputs, Tools and Techniques, and Outputs
1. Earned Value Management
2. Forecasting
3. To-complete performance
index
4. Performance reviews
5. Variance analysis
6. Project management
software
1. Work performance
measurements
2. Budget forecasts
3. Organizational process
assets updates
4. Change requests
5. Project management plan
updates
6. Project document updates
1. Project Management Plan
2. Project funding requirements
3. Work performance
information
4. Organizational process
assets
Source: PMBOK 4
th
Ed.
8
Inputs Tools & Techniques Outputs

Inputs, Tools and Techniques, and Outputs
1. 1. 1.
Source: PMBOK 4
th
Ed.
9
The Project Management Knowledge Areas organize
the 42 project management processes into nine
Knowledge Areas.

Project Management Knowledge Areas describe the key
competencies that project managers must develop.
Four core knowledge areas lead to specific
project objectives (scope, time, cost, and quality).
Four facilitating knowledge areas are the
means through which the project objectives are
achieved (human resources, communication, risk, and
procurement management).
One knowledge area (project integration
management) affects and is affected by all of the
other knowledge areas.