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The PMBOK is a widely accepted standard in project management, however there are alternatives to the PMBOK standard, and PMBOK does have its critics. One thrust of critique has come from the critical chain developers and followers (e.g. Eliyahu M. Goldratt and Lawrence P. Leach ), [ 10 ] as opposed to critical path method adherents.
The plan should be agreed and approved by at least the project team and its key stakeholders. Many project management processes are mentioned in PMBOK® Guide, but determining which processes need to be used based on the needs of the project which is called Tailoring is part of developing the project management plan. [2]
The Project Management Star per PMBOK Interpretation of Triangle Model Interpretation of Star Model, note that the "risk" and "quality" are swapped Traditionally the Project Constraint Model recognised three key constraints; "Cost", "Time" and "Scope".
In reality, as quality management terms, the definitions of verification and validation can be inconsistent. Sometimes they are even used interchangeably. [2] [3] [4] However, the PMBOK guide, a standard adopted by the Institute of Electrical and Electronics Engineers (IEEE), defines them as follows in its 4th edition: [5] "Validation.
3. Better Productivity. Project management is important because it ensures there’s a proper plan that outlines a clear focus and objectives to allow the team to execute on strategic goals.
ISO 10006 – guideline for quality management in projects, is an international standard developed by the International Organization for Standardization. PMBoK; Project Management Body of Knowledge, is the international standard for project management developed by the Project Management Institute PMI.