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The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing. These are the chronological phases that every project goes through. Project Cost Management.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). With the rise of better technology, generative AI, for example, organizational objectives are put into the spotlight.

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The Key Aspects Of Project Management

Proofhub

Now, if the project is indeed feasible, the project manager outlines the purpose and requirements of the project and moves to the next phase. Tip: Avoid getting too bogged down in technical requirements during this phase. It will only delay the whole project management process.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. Acquire Project Team . is the total financial plan calculated for a project. Control Costs .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. Acquire Project Team . is the total financial plan calculated for a project. Control Costs .

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The Complete Glossary of 614 Project Management Terms

Workamajig

A project might have several levels of authorization for different activities or deliverables. Authorization Points: Specific points during the course of a project at which the sponsor reviews the business case and approves the project onwards. Bottom-up Estimating: Another term for Analytical Estimating.