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BABOK vs PMBOK Guide: What’s the Difference?

Watermark Learning

BABOK consists of six domains, known as knowledge areas, that are further broken down into individual tasks. It breaks down the primary components of a project into inputs, outputs, tools, and techniques.

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The PMBOK and How It’s Used in Project Management

Monday

Mapping out the activities required to complete the project makes it easier for the project manager to determine what resources the team needs and how those resources should be used. Estimating project costs helps project managers identify when a specific activity is over budget, making it easier to budget for future costs.

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5 key project management knowledge areas and why they matter

Monday

It also lays out the roles and responsibilities of business stakeholders and the project team so everyone knows who’s accountable for what. There are a number of the project management knowledge areas that focus on monitoring and control. Project Scope Management. Project Schedule Management. Effective control.

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Supply chain management guide: what it is, why it matters, and how to modernize it

Monday

In this article, we’ll break down what supply chain management is, why it matters, and how to modernize it in your organization. What is supply chain management, and why is it important? More companies than ever are using software to monitor and report on the supply chain. Management decisions shouldn’t happen in a vacuum.