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Project management is already present in a large part of companies, with 97% of them believing that project management is essential for organizational success.
This belief is the result of the efforts of various institutions that promote best practices in project management worldwide, such as the PMI – Project Management Institute.
Aware of the importance of disseminating management knowledge that helps organizations achieve better project results, the PMI developed the PMBOK Guide (Project Management Body of Knowledge).
By reading this post, you'll know exactly what this guide is about and why it's so talked about in project management. Stay tuned!
What is the PMBOK Guide?
The PMBOK Guide, or Project Management Body of Knowledge, is a compilation of best practices in project management, developed by the PMI, one of the most internationally renowned institutions in project management.
Throughout the nearly 600 pages of this theoretical and practical reference, the professional becomes acquainted with the 10 areas of project management, learning to plan, execute, and control all facets of a project developed in a waterfall mode, meaning in sequential phases.
Considered the “bible of project management,” the PMBOK brings together knowledge acquired by professionals worldwide, compiled and organized in a didactic way so that anyone can develop projects of low to high complexity.
Starting from the concepts used in the segment, the PMBOK Guide describes the project life cycle in a complete way, considering the related processes, activities, and documents.
It brings norms, techniques, methods, and consolidated processes with years of experience, providing subsidies for strategic and effective management.
The areas that a project professional learns to deal with are:
- Scope Management;
- Time management;
- Cost management;
- Quality management;
- Procurement Management;
- Human Resource Management;
- Communication management;
- Risk Management;
- Stakeholder Management;
- Integration Management.
What is the importance of the PMBOK in project management?
Based on the knowledge acquired from the PMBOK, the project manager has the ability to standardize processes, establish clear management guidelines, and adequately socialize information, ensuring greater reliability and quality in project management.
Also read: The performance indicators you can't lose sight of in project management
At the beginning of the implementation of a PMO (Project Management Office), for example, registration and control documents are prepared, which can be used in any company initiative. Norms and procedures are also defined so that the work of the project team is executed in alignment with the organization's strategy.
The distribution of responsibilities becomes more transparent and each professional involved knows what the inputs of their activities are, as well as the outputs. Schedule control, as well as the WBS (Work Breakdown Structure) monitoring, provide the necessary scope for each collaborator to know exactly what needs to be done and when.
detailed record of all activities and decisions for each project is used for the development of Lessons Learned Manual, that is, a compilation of the positive and negative experiences lived by the team in each project developed.
See also: Effective communication and project management, how to combine the two?
This document becomes part of the corporate knowledge, a history to be consulted whenever necessary. With it, it is possible to preserve the company's learning in project execution and train new employees who will join the team.
Besides the PMBOK, there are other project management models and sets of best practices that can be implemented in your company. Stay tuned for Stratec's news, subscribe to our newsletter, and make project management your ally!
