- Learning Objectives
- Why Are Projects Important?
- Who Are Project Managers?
- Project Management Roots
- Key Concepts of Project Management
- The PMBOK Guide?the Standard
- How to Use the PMBOK Guide
- Where the Activity Occurs
- Project Management Issues Not Addressed by the PMBOK Guide
- Emerging Issues Likely to Be Addressed in Future Editions
- Common Project Management Methodologies
- Key Terms You Should Know
- Discussion Questions
- Final Points
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.”