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The Project Management Body of Knowledge (PMBOK) is a set of standard terminology and guidelines (a body of knowledge) for project management.The body of knowledge evolves over time and is presented in A Guide to the Project Management Body of Knowledge (PMBOK Guide), a book whose seventh edition was released in 2021.
This is different from a Retrospective, in which both positive and negative things are reviewed for a project. The Project Management Body of Knowledge (PMBOK) refers to the process as lessons learned. [1] Project post-mortems are intended to inform process improvements which mitigate future risks and to promote iterative best practices.
A project management information system (PMIS) is the logical organization of the information required for an organization to execute projects successfully. A PMIS is typically one or more software applications and a methodical process for collecting and using project information.
Contract closure: Complete and settle each contract (including the resolution of any open items) and close each contract applicable to the project or project phase. Project close: Finalize all activities across all of the process groups to formally close the project or a project phase; Also included in this phase is the post implementation review.
The closing process can be one of the more difficult and important phases of change control. [12] Three primary tasks at this end phase include determining that the project is actually complete, evaluating "the project plan in the context of project completion," and providing tangible proof of project success. [12]
Project plan – is a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summary or detailed. [10]
Closing on a house is a complex process that takes several weeks and involves many steps for you and your lender. On closing day, you’ll sign a stack of documents, pay closing costs and receive ...
Initiating the project (13%) Planning the project (24%) Executing the project (31%) Monitoring and controlling the project (25%) Closing the project (7%) The exam consists of 180 multiple-choice questions written against the PMBOK specification and the PMP Code of Ethics. The exam is closed-book; no reference materials are allowed.