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Project management systems – PMBOK – part 5



The Project Management Knowledge Areas

Project Risk Management

This process is concerned with conducting risk management planning, identification, analysis, responses, and monitoring and control on a project; most of these processes are updated throughout the project.


This is divided into subsections titled:

  • Risk Management Planning
  • Risk Identification
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Risk Response Planning
  • Risk Monitoring and Control

Each of these is covered by three areas, namely:
As an example, for the first item, ‘Risk Management Planning’, these are:

  1. Inputs
  2. Tools and Techniques
  3. Outputs
  1. Inputs
  • Enterprise Environment Factors
  • Organizational Process Assets
  • Project Scope Statement
  • Project Management Plan
  1. Tools and Techniques
  • Planning Meeting and Analysis
  1. Outputs
  • Risk Management Plan

Project Procurement Management

This includes the processes to purchase or acquire the products, services, or results needed from outside the project team to perform the work.

This is divided into subsections titled:

  • Plan Purchases and Acquisitions
  • Plan Contracting
  • Request Seller Responses
  • Select Sellers
  • Contract Administration
  • Contract Closure

Each of these is covered by three areas, namely: As an example, for the first item, ‘Plan Purchases and Acquisitions’, these are:

  1. Inputs
  2. Tools and Techniques
  3. Outputs
  1. Inputs
  • Enterprise Environment Factors
  • Organizational Process Assets
  • Project Scope Statement
  • Work Breakdown Structure
  • WBS Dictionary
  • Project Management Plan
  1. Tools and Techniques
  • Make-or-Buy Analysis
  • Expert Judgement
  • Contract Types
  1. Outputs
  • Procurement Management Plan
  • Contract Statement of Work
  • Make-or-Buy Decisions
  • Requested Changes

Non - PRINCE2 information