The Project Management Body of Knowledge (PMBOK) is a comprehensive guide published by the Project Management Institute (PMI). It serves as a standard reference for project management practices and principles. The PMBOK provides a framework of knowledge, processes, and best practices that are widely recognized and utilized in the field of project management.
The PMBOK consists of a collection of knowledge areas, which include project integration management, scope management, time management, cost management, quality management, human resource management, communication management, risk management, procurement management, and stakeholder management.
Each knowledge area contains a set of processes, inputs, tools and techniques, and outputs that are relevant to that specific area. The PMBOK also outlines the project management life cycle, which includes initiating, planning, executing, monitoring and controlling, and closing phases.
The PMBOK serves as a guidebook for project managers, providing a common language, methodology, and framework for managing projects effectively. It helps project managers and practitioners understand and apply best practices, ensuring consistency and improving project success rates.