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Project management primer
1. Project Management Key Terms
• PMI – US-based Project Management Institute; recognized professional
organization focused on project management
– PMBOK – body of knowledge (BOK) defining the core characteristics of project management
– http://www.pmi.org/Pages/default.aspx
• PRINCE – UK-based (Govt standard) for project management. Less focused on
education than on the education/certification process.
– http://www.ogc.gov.uk/methods_prince_2.asp
• PMO – Project Management Office – set of standards for managing projects with
and organization.
• Project - “a temporary endeavor undertaken to create a unique product, service or
result
• Program – a series of projects to deliver a required outcome/goal
• Portfolio and Program Management (PPM) - is the centralized review and
management multiple programs to achieve strategic business objectives. Typically
the scope includes identifying, prioritizing and authorizing (funding)
programs/projects to achieve specific strategic business objectives