Updating the project management bodies of knowledge weather dating

The Project Management Institute (PMI) is the publisher of PMBOK (now in its fifth edition) and offers two levels of certification: A Certified Associate in Project Management (CAPM) has demonstrated a common base of knowledge and terms in the field of project management.It requires a secondary degree (high school diploma or global equivalent) and either 1500 hours of work on a project team or 23 contact hours of formal education in project management.Good practice does not mean that the knowledge described should always be applied uniformly on all projects; the organization and/or project A project is a temporary endeavor undertaken to create a unique product, service, or result.The temporary nuture of projects indicates a definite beginning and end.As with other professions such as law, medicine, and accounting, the knowledge contained in this standard evolved from the recognized good practices of project practitioners who contributed to the development of this standard.The first two chapters of the PMBOK Guide provide an introduction to key concepts in the project management field.It will also contain more emphasis on strategic and business knowledge—including discussion of project management business documents—and information on the PMI Talent Triangle™ and the essential skills for success in today’s market.

Temporary does not necessarily mean short in duration.

The PMBOK Guide provides guidelines for managing individual projects.

It defines project Body of Knowledge that is generally recognized as good practice.

“Generally recognized” means that the knowledge and practices described are applicable to most projects most of the time, and that there is widespread consensus about their value and usefulness.

“Good practice” means that there is general agreement that the correct application of these skills, tools, and techniques can enhance the chances of success over a wide range of different projects.

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