Chapter 1. Project Management Framework Fundamentals

Terms you’ll need to understand:

Functional organization

Matrix organization

Portfolio

Program

Project

Project knowledge area

Project life cycle

Project management

Project management office (PMO)

Project manager

Project process groups

Project risk

Projectized organization

Stakeholder

Triple constraint

Techniques and concepts you’ll need to master:

Project management framework

Differences between projects and operational activities

Project management interaction with general management

Project characteristics throughout the life cycle

Stakeholder responsibilities

Triple constraint interactions and dependencies

This chapter introduces the basic terminology and topics the PMBOK covers and provides ...

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