Project management knowledge domains outline the key technical facets of a project’s successful execution, whereas project knowledge processes define the project’s sequential phases. The 10 areas of project management expertise are as follows:
Integration of a project entails all of the activities that hold it together. This is where the parts and pieces are assembled and connected to achieve an united goal and purpose.
The project’s scope includes all of the mentioned tasks and activities. This should be clearly stated at the outset in order to prevent the illegal addition of work during project execution.
This knowledge area ensures that the project’s tasks or activities are executed according to the project’s specifications and plans. It is essential that the project quality standards be developed early on and incorporated into the management plan.
Developing a plan for when and how project stakeholders will be informed during execution is required for project communication.
Prior to the start of a project, project risk management guarantees that all significant risks have been recognized and thoroughly analyzed in the project plan. The project’s hazards are enumerated, classified, and ranked.
Purchasing for a project entails determining what is required to carry out the endeavor. It also includes the determination of how the purchase will be managed.
This component necessitates the development of a plan to actively manage and communicate with project stakeholders during project execution. At the beginning of a project, it is necessary to identify the main stakeholders and determine their respective interests.
Utilizing technology to measure the cost and productivity of a project’s execution is crucial to determining the product cost. It indicates the entire amount of money required to execute a project. The project’s expenses may be constant, variable, direct or indirect, or even sunk.
This knowledge area entails establishing, analyzing, and defining a schedule for the project’s completion. It also includes the timing and sequence in which the various deliverables are completed during project execution.
Project Human capital
The formation and management of the project team falls under the purview of project human resources. Typically, a project team comprises of a variety of professionals with a variety of talents, which must be acquired, developed, and managed to ensure that the project is carried out in an appropriate and professional manner.