The PMI’s Project Management Body of Knowledge (PMBOK) is a globally recognized framework of processes, tools, techniques, guidelines, and best practices for the successful execution of projects.

The PMBOK framework is designed to be applicable across all industries and operational environments, to projects of all shapes and sizes, from small routine jobs to multi-billion-dollar programs.  

At the same time, the PMBOK is not an inflexible “bible” that must be followed word-for-word. It provides a set of resources that can be selectively applied by project leaders based on their own needs and circumstances.

This webinar is an introduction and orientation to the PMBOK 7th edition, covering the core principles and practices that have repeatedly proven successful in the achievement of project success.

We’ll cover the key components of the PMBOK that will support your project success and your preparation for the PMP exam. These key components break down into Knowledge Areas and Process Groups.

We will introduce the Nine Knowledge Areas as defined by the PMI (pmi.org):

• Integration – Coordination and bringing all the pieces together
• Scope management – Determining what work must be done. Setting clearly defined project objectives. Creating the WBS
• Time Management – Activity definition, sequencing, duration estimating, and schedule development
• Cost Management – estimating costs, budgeting costs over time, and controlling costs through the project lifecycle
• Quality Management – establishing a quality policy, developing quality assurance processes and controlling the quality of all project deliverables
• Human Resources Management – Identifying project stakeholders, developing the project team, motivating the team, management styles, and organizational structure
• Communications Management – Distributing information correctly and to the appropriate stakeholders, performance reporting, managing stakeholders
• Risk Management – risk identification, qualitative analysis, quantitative analysis, response planning and risk monitoring and control
• Procurement Management – planning purchases and acquisitions, contracting, selecting sellers, contract administration, project closure

We will discuss the five Major Process Groups as defined by the PMI (pmi.org):

• Initiating – authorizing the project or phase
• Planning – defining and refining objectives, setting a course of action
• Executing – integrating resources to carry out the approved plan
• Monitoring and Controlling – identifying managing variances, taking corrective action
• Closing – formalizing acceptance and bringing a phase or a project to an orderly completion and transition.

We’ll then discuss how to flexibly implement the PMBOK guidelines in real-life situations based on our own project needs. 

The webinar will conclude with a brief guide to the PMP exam, with tips on exam preparation and test-taking advice.

The Project Management Institute (PMI) is globally recognized as the leading authority in project management standards. The PMI’s Project Management Body of Knowledge (PMBOK) is the gold standard in providing a methodical, disciplined, and structured approach to successful project execution that can be applied to projects of all shapes and sizes, regardless of budget and scope. 

The Project Management Professional (PMP) certification from the PMI is a world-renowned credential recognized across government, commercial, academic, and non-profit sectors. 

Having a “PMP” behind your name will give you:

• Credibility and evidence of your competence
• The ability to improve your projects’ performance
• Greater job opportunities: The Bureau of Labor Statistics reports that Project Manager positions will grow by 6% in 2024
• Higher earning potential: PMI statistics show that PMP certification entitles candidates to a 20% pay increase 
• A path to new job opportunities, positions, and more challenging assignments from your leadership

Whether or not you intend to earn a PMP credential, an understanding of the PMBOK 7th Edition is essential for anyone involved in management, leadership, or project execution. It contains a unique wealth of information, guidance, principles, tools, and techniques that can be customized, tailored, and applied across projects of all shapes and sizes.