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Key Concepts of Project Management

Ongoing operations and projects are ways organizations accomplish their goals and missions—their work, their products, their goods and services. Ongoing operations are more permanent than projects, which are unique and temporary (with definite beginning and ending points).

The PMBOK Guide describes project management as “the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements” and goes on to state that “...project management is accomplished through the appropriate application and integration of the 47 logically grouped project management processes, which are categorized into five Process Groups.”

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