AAPM Knowledge Areas & P3 Project Management
Advanced project management starts with mastery of theory. Theory begins with approaches that apply to every day project activity. There are a total of thirteen (13) knowledge areas in Project Management.
The thirteen (13) Knowledge Areas are:
1) Project Definition,
2) Project Life Cycle,
3) Project Management Processes,
4) Project Integration Management,
5) Project Scope,
6) Project Time Management,
7) Project Cost Management,
8) Project Quality Management,
9) Project Human Resource Management,
10) Project Communication Management,
11) Project Risk Management,
12) Project Stakeholder Management,
13) Project Stakeholder Management
Each knowledge area has unique process inputs that create interdependence. The intertwining of each area correlates to robust frameworks that organize, focus, and drive results.
The acceptance of project management as a profession indicates application of knowledge, processes, skills, tools, and techniques that have significant impact on project success. The American Academy of Project Management (AAPM) promotes "Expert Recognition" for subsets of project management knowledge as comprehensive practices.
“Expert Recognition” means knowledge and practices described are applicable to most projects most of the time, and there is an Expert Consensus about AAPM value and applicability.
“Expert Consensus” means there is general consensus among professionals that General Application of AAPM knowledge, skills, tools, and techniques enhance chances of success over many advanced projects.
“General Application” does not mean knowledge described should always be applied uniformly to all projects; the organization and/or project management team is responsible for determining what is appropriate for any given project.
In addition to standards, that act as international establishment guidelines for project management processes, the American Academy of Project Management (AAPM) guides the project management profession for expectations associated with Advanced Practitioners.
Advanced Practitioners are not merely college educated person who have successfully passed a boiler plate exam. The AAPM is focused on master craft professionals who demonstrate proven tools, techniques and advanced theories in application to real life complex projects.
This mastery demonstrates how master craft professionals should hold themselves and others accountable. The AAPM Conduct is specific about basic obligation of responsibility, respect, fairness, and honesty. The AAPM Conduct for master professionals requires practitioners demonstrate commitment to ethical and professional conduct in real life settings. AAPM personnel carry obligation to comply with laws, regulations, organizational standards and professional policies. Practitioners come from diverse backgrounds and cultures. The AAPM Code of Ethics and Professional Conduct applies globally. When interacting with any stakeholder, practitioners holding AAPM distinctions are perceived to be held to higher standards. These higher standards apply to honesty, responsibility, advanced practices and international standards knowledge.
Public Private Partnership (P3) are complex projects. P3 projects require advanced level mastery. Distinctions such as Master Project Manager (MPM) and Certified International Project Manager (CIPM) are certifications that confirm advanced understanding.
Knowing the difference between theory and theory with application is a requirement for selecting qualified personnel. Choose personnel that demonstrate Advanced Practitioner knowledge and experience. Selecting individuals who have entry level certifications (such as PMP or PgMP) are excellent for team members. Principal level certifications are required to secure any large contract. Focus on retaining firms that hold distinction and teach practices directly correlated to real life situations. Knight Advisory & Planning (KAP) can advise, teach and mentor commercial project managers into the Public Private Partnership (P3) space. Learn how by contacting us today.
Knight Advisory & Planning (KAP) is the only company to primarily focus on Public Private Partnerships (P3) since 2006. KAP operations are spread across countries of the world to serve this need. KAP Network consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines. We maintain Master Project Manager (MPM) who are American Academy of Project Management (AAPM) certified and are experienced in the following industries: construction, development, finance, technology, FinTech, biotechnology, production, R&D, and manufacturing. With over twenty (20) years of experience let us guide you through the P3 process.