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ISBN. 978-1-62825-664-2. The Project Management Body of Knowledge ( PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management. The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge ( PMBOK Guide ), a book whose seventh edition was released in 2021.
Practice guides may become potential standards and if so, would undergo the process for the development of full consensus standards. [19] Here is a list of the current standards or guides in each category: Foundational Standards. A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Seventh Edition (2021).
Project Management Professional. Project Management Professional ( PMP) is an internationally recognized professional designation offered by the Project Management Institute (PMI). [1] As of 31 July 2020, there are 1,036,368 active PMP-certified individuals and 314 chartered chapters across 214 countries and territories worldwide.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Earned Value (EV) is defined as the "measure of work performed expressed in terms of the budget authorized for that work." BCWP is a term in Earned value management approach to Project management.
Plan on just hanging at the hot springs at our hotel and having dinner. SATURDAY - Mistico hanging bridges early in the AM. La Fortuna Waterfall in the afternoon. SUNDAY - Sloth Territory, Bogarin Trail or 1968 Arenal hike in the AM (Open to suggestions), Northfield Coffee Tour in the afternoon. Monday - Drive back to Liberia, fly out at 3pm.
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Cost variance (CV) is a "The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost." [18] Cost variance compares the estimated cost of a deliverable with the actual cost. [19]
Project plan. A project plan, according to the Project Management Body of Knowledge (PMBOK), is: "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document ...
PRINCE2 ( PRojects IN Controlled Environments) is a structured project management method [1] and practitioner certification programme. PRINCE2 emphasises dividing projects into manageable and controllable stages. It is adopted in many countries worldwide, including the UK, Western European countries, and Australia. [2]
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