Project Management Institute (PMI) in detail ans easy words?
The Project Management Institute (PMI) provides a framework for managing projects efficiently. In software project management, understanding these helps ensure the project is delivered on time, within budget, and meets quality standards. Let’s break them down: 1. PMI Knowledge Areas: The Knowledge Areas describe what a project manager needs to know. There are 10 key areas: a. Integration Management: Ensures all parts of the project work together. Examples in software: Combining modules from different teams to form the final application. b. Scope Management: Defines what the project will deliver (and what it won’t). Example: Specifying that the project will develop a web app, not a mobile app. c. Schedule Management: Plans and manages the project timeline. Example: Setting milestones like "UI design completion by Month 1." d. Cost Management: Manages the project budget. Example: Allocating funds for software licenses and development tools. e. Quality Management: Ensures the...