Project Management Professional (PMP)

- July 20, 2018

To: Alghanim International general trading and contracting

Project Management Professional (PMP)

Project management is the application of knowledge, skills, tools and techniques to a broad range of activities to meet the requirements of a particular project. The project management has ten knowledge areas: Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resources Management, Project Communication Management, Project Risk Communication, Project Procurement Management, and project Stakeholder Management. The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: initiating, planning, executing, monitoring and controlling, and closure. Briefly, there is a strong matrix structure which includes process phases, and project management knowledge areas.

Project management process groups and knowledge areas are consisted of 47 processes. Starting with project integration management, which integrate all the knowledge areas to ensure the success of a project by developing charter, plan, work, and closing the project. Moreover, project scope management is the dictionary for a project to determine, document and manage a detailed description to meet a project objective. Creating a work breakdown structure (WBS) is a process for a scope management to subdivide a project into manageable components. On the other hand, project time management is a process to schedule management, define sequences and estimate activity duration. Critical Path Method (CPM) is the main tool for time management that analyze a technique to determine the schedule flexibility and the total project duration.

In addition, Cost management is a process involved in analogous estimating, budgeting, and controlling costs that the project can be completed within the approved budget. There are three important formulas that should be known for cost management, which are planned value (PV), earned value (EV), and actual cost (AC). Furthermore, quality management is a process that determine quality policies, objectives, and responsibilities so that the project will satisfy the needs for which it was undertaken. Beside that human resource management plays a big role in the management in order to organize, manage, and lead the project team.

Also, communication management is a process of developing an appropriate approach and plan for project communication based on stakeholder’s information needs and requirements, and available organizational assets. As well as, risk management is a significant knowledge area that identify risk into groups of political, technical, social, financial, religious, and psychological. It also analyzes risk qualitatively and quantitively and then determine risk response. Additionally, procurement management includes the process necessary to purchase or acquire products, services, or results needed from outside the project team. The organization can be either the buyer or seller of the products, services, or results of a project. Eventually, stakeholder management is a process to identify, plan, manage, and control stakeholder engagement throughout the whole project.

In conclusion, these 47 processes, which are connected to project management process group and knowledge area are the qualifications to manage a successful and unmarkable project. Finally, project management office (PMO) is an organizational body or entity assigned to summarize any old projects that could be learned from.