The Project Management Body of Knowledge (PMBOK) is a standard guide that lists the best project management practices and procedures. It was made and is kept up to date by the Project Management Institute (PMI).
The PMBOK guide gives a framework for project management, which includes the five phases: initiating, planning, executing, monitoring and controlling, and closing. Within each stage, the PMBOK guide lists processes and activities that project managers should think about, such as defining the project’s scope, making a project schedule, figuring out the project’s risks, and making a plan for how people will talk about the project.
The PMBOK guide is widely known as the best resource for people who work in project management, and it is often used as a reference for certification exams like the Project Management Professional (PMP) exam. But it’s important to remember that the PMBOK guide is not a set method. Instead, it should be changed to fit the needs and goals of each project.
Overall, the PMBOK guide is a helpful tool for project managers because it has a complete list of best practices and processes that can help improve project management and make it more likely that the project will be successful.
Usage
It is used by project managers as a reference guide
