According to A Guide to the Project Management Body of Knowledge,
“Project management is the application of knowledge, skills, tools, and techniques to a broad range of activities in order to meet the requirements of a particular project. Project management is comprised of five Project Management Process Groups – Initiating Processes, Planning Processes, Executing Processes, Monitoring and Controlling Processes, and Closing Processes – as well as nine Knowledge Areas. These nine Knowledge Areas center on management expertise in Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resources Management, Project Communications Management, Project Risk Management and Project Procurement Management.” (Project Management Institute, 2008, p. 6).
Through the project management the following information will be exchanged as the project phases get completed: Table 1
Project Initiation Design Implementation
Execution Monitoring Controlling Closing
Project Scope, and project charter Technological Requirements Permits Definition of Key Input parameters Project Closeout report
Feasibility-Cost and Environmental Factors Review and approval of concepts Schedule Control (Microsoft Project Gantt Chart) Planned versus Actual results Actual results
Economical Justification Monitor Design cost and schedule-Baseline capital Monitoring of daily cost Final documentation to the stakeholders Lessons learned
Project Management Plan Outline Approve potential bid packages Communication management with contractors and stakeholders Training development of the new house features for potential users (homeowners) Continuous improvement
Plan for future projects
Quality Management Stakeholders sign off
Table 1-Information Table
Project Management Institute. (2008). A Guide to the Project Management Body of Knowledge (PMBOK GUIDE) (4th ed.). Newtown...