10.1. Project Business Management Methodology: Models 1 Through 5

The Project Business Management Methodology (PBMM) model is composed of five components that create a blueprint for planning project-related business strategies, business objectives, portfolios, programs, and projects; monitoring schedule, scope, and resource information; controlling the schedule, scope, and resources based on information collected; and reporting on progress. The PBMM model identifies the basic processes to be followed to complete the work during various stages of the enterprise’s business cycle. The PBMM model is a contiguous framework of processes, each relying on the proper application of the others. At the same time, each process is a separate, definable process ...

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