A Guide to the Project Management Body of Knowledge

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2
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2answers
42 views

Does the “Plan Scope Management Process” contain many sub-processes?

The PMBOK 5th edition has 24 processes for the Planning Process Group. For the Knowledge Area of "Project Scope Management," we have the following: Plan Scope Management Process Collect Requirements ...
0
votes
3answers
52 views

Standard document to record decisions? (PMBOK)

This is a hypothetical scenario: I was assigned to manage a software development project. I already have an approved project charter, stakeholder registry, requirements documentation and a WBS. I ...
0
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2answers
34 views

Difference between Project Phase and Sub Project (PMBOK)

Reading the PMBOK I noticed that they almost never use the term Sub Project. Using the PMBOK terminology is a project phase the same as a sub project?
0
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2answers
65 views

How formal is the sprint planning?

As far as I understand during the sprint planning meeting the team choose the backlog items that will be included in the sprint. How formal is the sprint planning and task assignments? Once the ...
2
votes
1answer
100 views

How do you calculate extra costs incurred if a project overruns its schedule?

If a project doesn't meet its planned schedule, how do you calculate any losses per day incurred? Is there a graphing function in MS Project that I can use to depict losses per day?
1
vote
2answers
65 views

What is the correct name for terminating a project before it's complete?

I am running a project that is no longer viable due to an incorrect assumption. Therefore the project needs to be canceled/discontinued/killed/deleted/scrubbed. What is the correct name for this stage ...
3
votes
1answer
108 views

Does Scrum fit PMBOK knowledge areas?

PMBOK defines 10 knowledge areas, "that are typical of most projects, most of the time". Some Scrum processes/artifacts clearly fit corresponding knowledge areas. E.g. Daily Standup is an ...
1
vote
2answers
107 views

Real world differences between Portfolio and Program

Can I have a have a project without having a portfolio? This issue has been slightly touched on in the above link but I am hoping the collective expertise of this community could expand it. I have ...
5
votes
4answers
11k views

Can someone explain the Requirements Traceability Matrix purpose?

So I was taking a sample scope management test online, and Question #9 stumped me -- the question on the traceability matrix. Can someone please explain why b is better than c? Below is the direct ...
2
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2answers
1k views

managing stakeholder expectations in executing and monitoring and controlling phase

When following PMBOK guideline, to manage stakeholder expectations, how does a project manager manage stakeholder expectations in in monitoring and controlling phase??? what kinds of techniques are ...
4
votes
4answers
188 views

When a new standard is about to be released for a PM certification, should I take the current version or wait for the next?

From a project management perspective, Which is more advisable? To go for a certification right away (currently, the PMP with PMBOK4) To Wait for the rollout of the next standard (like PMBOK5 [in ...
2
votes
5answers
293 views

Is it important to estimate the product size for software project?

Estimate size is the process of approximating the size for of the products and parts to be produced for the project. Is it important to estimate the size, especially for the software project? Does the ...
0
votes
1answer
343 views

Among 42 processes as outlined by the PMBOK, which process is important for SMEs?

PMBOK has defined 42 management processes. Yet, not all the processes are relevant or some are less important according to the organization's size. I am doing a survey which objective in mind is to ...
1
vote
1answer
412 views

PMBOK 4th Edition - Monitor and Control Project Work versus other Control Processes, what are the differences?

Are there any significant differences between "Monitor and Control Project Work" process versus other control processes e.g., control scope, control schedule, control cost, perform quality control? ...
7
votes
3answers
294 views

Is the PM's required knowledge in agile environment changing nowadays?

We see software developers these days that do not know what does it mean not to use TDD or other practices of XP, project leaders that never worked in a non-agile environment, etc. These people don't ...
0
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3answers
136 views

Currently taking a PM class based around PMBOK, doesn't it seem quite inefficient? [closed]

It seems terribly obscure, long winded, over complicated, and wreaks of unnecessary overhead. Is this stuff really in use? If so, there has GOT to be a better way to get things done. This PMBOK stuff ...
12
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7answers
962 views

What is the relation between PMBOK and real world Project Management?

While I was studying for my PMP certification I learned many things that over my course of 10 years I was doing differently. Now after being a PMP for a year, I see how you can get value from the ...