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PMBOK4

The document outlines key concepts related to project management, including definitions of outcomes, processes, and products. It emphasizes the importance of tailoring projects, stakeholder engagement, and navigating complexity within the project life cycle. Additionally, it discusses principles of project management, oversight, and the role of professional conduct in achieving successful project outcomes.

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Rakesh Prasad
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32 views1 page

PMBOK4

The document outlines key concepts related to project management, including definitions of outcomes, processes, and products. It emphasizes the importance of tailoring projects, stakeholder engagement, and navigating complexity within the project life cycle. Additionally, it discusses principles of project management, oversight, and the role of professional conduct in achieving successful project outcomes.

Uploaded by

Rakesh Prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Outcome(s) Process(es)

definition, 4 tailoring, 45
envisioning, 57 Product(s)
leadership and, 43 definition, 4
stakeholders and, 32 Product life cycle
system interactions and, 39 definition, 19
tailoring projects and, 46 product management within, 19, 20
updating of, 35 program management within, 20
Output(s). project management within, 20
outcomes and, 4, 35, 55 sample, 19
Oversight, coordination and, 13 Product management
considerations, 18–20
forms of, 20
P within a program, 20
Professional conduct, 21
Parameters, 29 Program(s)
Performance, 48 definition, 4
Performing organization, 4, 35, 36 product management within, 20
Physical environment, 18 Program management
PM. See Project manager within product life cycle, 20
Portfolio(s) Project(s)
definition, 4 as agents of change, 58
governance of, 19, 20 business case and, 34
information flow and, 11 definition, 4, 50
Positive risks, 53. See also Opportunities effects of, 27
Principles, project management feedback and, 14
adaptability and resiliency, embracing, 55–57 functions associated with, 12–16
change, enabling to achieve envisioned future internal and external factors, 55
state, 58–59 uniqueness and, 45
collaborative project team environment, 28–30 Project change control, 58
complexity, navigation of, 50–52 Project closure, 16, 57
general management principles and, 22 Project complexity, 50
leadership behaviors, 40–43 Project environment
overview, 21–23 adaptability, resilience and, 56–57
principle labels, 23 external environment, 18
quality, building into processes and internal environment, 16–17
deliverables, 47–49 Project governance, 11
risk responses, optimizing, 53–54 Project justification, 35
stakeholder engagement, 31–33 Project life cycle
stewardship, 24–27 complexity and, 50, 52
system interactions and, 37–39 tailoring and, 46
tailoring, context and, 44–46 Project management
value, focus on, 34–36 definition, 4
Problem solving, 57 within a product life cycle, 20
Process assets, 17 within a program, 20
values and, 21

PMI Seventh Edition July 2021


64 The Standard for Project Management

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