A standard is a document established by an authority, custom, or general consent as a model or example. This standard was developed using a process based on the concepts of consensus, openness, due process, and balance. This standard describes the processes considered to be good practice on most projects most of the time. These processes are organized by Process Group. It further defines key project management concepts including the relationship of project management to organizational strategy and objectives, governance, portfolio management, program management, the project environment, and project success. It also covers information on project life cycles, project stakeholders, and the role of the project manager. Section 1 ...

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