Your company is ready to overhaul its project management practices.

Your company is ready to overhaul its project management practices.

Your company is ready to overhaul its project management practices. Top management is convinced that it will benefit from adopting PMI standards in organizing and managing its projects.

Create a 1-2 page report on the following:

An overview of the concept of knowledge areas.

Prepare a detailed outline of the ten PMI standard project management knowledge areas for company-wide release.

Briefly define important terms. Be sure to reference all sources using APA style.

For more information on APA, please visit the APA Lab.

Solution preview

For a project to be successful; there must be a group of processes involved which are responsible for controlling and tracking of activities among other functions. They include the initiating, planning, executing, monitoring & control and project closing process group. When carrying out a project, it’s very important to consolidate important information of knowledge areas that require special attention such as time………………….