Business Game for PMBoK Standard Training of Project Managers Igor Kononenko 1[0000-0002-1218-2791] , Oleksandra Stepanova 1[0000-0002-6290-2339] , Karina Bukrieieva 1[0000-0002-1199-7227] , Oksana Kononenko 2[0000-0001-6919-0656] , Natalia Kryvinska 3[0000-0003-3678-9229] 1 National Technical University “Kharkiv Polytechnic Institute”, Kharkiv, Ukraine 2 Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine 3 University of Vienna, Wien, Austria igorvkononenko@gmail.com Abstract. Among the approaches to project management that are widely used in the world, the PMBoK standard should be noted. Training project managers for this standard is widespread. Business games can be applied to consolidate the knowledge gained during the study of the standard, as well as to master the approaches to deci- sion-making when using it. An analysis of the literature showed that there is a fairly large range of business games for training project managers, but there is no game that would be devoted to studying the processes of the PMBoK standard and making deci- sions regarding the application of these processes, taking into account their costs and the risks that they eliminate. The purpose of the work is to create a business game that will allow to model decision-making by the project management team to create engi- neering products using the PMBoK standard. Since every year more and more IT products are used in engineering production, such a game will be relevant for master- ing the management of IT projects in this area. The work suggests a business game. The idea of the game is that the members of the project management team make moves on the playing field. At the same time, they fall into one or another management process or the process of creating and put- ting into production new products. Next, the player must choose a management pro- cess from the PMBoK processes that is most appropriate for the situation, taking into account its cost and risks that can be eliminated when applied. The winner is the team that got the best result in a multi-criteria sense, i.e. spent less money and the total remaining risk for all processes is less. The judge sums up the result using a general- ized criterion. Keywords: Business Game, Project Management, Engineering. 1 Business Games in the Field of Project Management The training of project managers is currently widespread. Such training is conducted both in educational institutions and directly in companies. To consolidate the knowledge gained during the study of existing methodologies and standards in the Copyright © 2020 for this paper by its authors. Use permitted under Creative Commons License Attribution 4.0 International (CC BY 4.0) 2020 ITPM Workshop.