This document provides an overview and explanation of key concepts from the PMBOK 5th edition, including:
- The PMBOK Guide outlines 10 knowledge areas containing 47 processes to implement the 5 main project management process groups of initiating, planning, executing, monitoring/controlling, and closing.
- Each process has inputs, tools/techniques, and outputs, with outputs from one process becoming inputs for others.
- Projects have phases that follow the 5 process groups, and the 47 processes can exist in one or more of the groups. Understanding the relationships between these concepts is important for successfully applying the PMBOK framework.