What are Project Management Knowledge areas? Explain the various types of knowledge areas that project managers should develop for effective and efficient management of their projects.

____________ processes include coordinating people and other resources to carry out project plans and create the products, services, or results of the project or phase. a. Initiating b. Planning c. Executing d. Monitoring and controlling e. Closing

____________ involves measuring progress toward project objectives and taking corrective actions. Initiating Planning Executing Monitoring and controlling Closing

Why do you need a good WBS to use project management software? What other types of software can you use to assist in project scope management?

Read the report “2015 Pulse of the Profession®: Capturing the Value of Project Management” by PMI, mentioned in the What Went Right feature. Summarize key points in this study and your opinion of it. Describe some specific steps organizations can take to provide a supportive culture for project management.

A work breakdown structure, project schedule, and cost estimates are outputs of the ____________ process. initiating planning executing monitoring and controlling closing

Read at least two of the first five references cited in this chapter with statistics about the importance of IT and project management. Create a short paper or presentation summarizing which information is most interesting and intriguing to you and why.

Research a project management method, such as PRINCE2, Agile, RUP, or Six Sigma, and how organizations use it, citing at least two references. Why do you think organizations spend time and money tailoring a methodology to their environment? Write a summary of your findings and your opinion on the topic.

Research articles and tools on project portfolio management. Summarize the advantages of performing project portfolio management as well as challenges.

Read the report cited in the chapter called PMIs Pulse of the Profession: Requirements ManagementA Core Competency for Project and Program Success. Find one or two other reports on requirements management written in the past year. Summarize the findings of the reports and your opinion on the topic.