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A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition by Project Management Institute

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1.3 What is Project Management?

Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. 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. These five Process Groups are:

  • Initiating,
  • Planning,
  • Executing,
  • Monitoring and Controlling, and
  • Closing.

Managing a project typically includes, but is not limited to:

  • Identifying requirements;
  • Addressing the various needs, concerns, and expectations of the stakeholders in planning and executing the project;
  • Setting up, maintaining, and carrying out communications among stakeholders ...

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