article thumbnail

The PMBOK and How It’s Used in Project Management

Monday

” These three words can make even the most seasoned project manager panic and wonder where they went wrong. As a project manager, you’re responsible for meeting detailed requirements regarding scope, budget, and schedule. What is the Project Management Body of Knowledge (PMBOK)? Get started.

article thumbnail

What’s Different About PMBOK® Version 7?

Managed Agile

I think it is a big step forward in the journey that more fully integrates an Agile approach to project management. The Influence of Agile on Project Management. Prior to PMBOK ® version 7, PMBOK ® has been heavily based on a traditional plan-driven approach to project management and an explicit knowledge philosophy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BABOK vs PMBOK Guide: What’s the Difference?

Watermark Learning

It’s produced by the Project Management Institute (PMI). While BABOK focuses on general business analysis and frameworks, PMBOK relies on project management principles and practices. While BABOK focuses on general business analysis and frameworks, PMBOK relies on project management principles and practices.

article thumbnail

5 key project management knowledge areas and why they matter

Monday

Which in the context of project management, sounds like: a. Thankfully, the kind people over at the Project Management Institute (PMI) decided to help out a little by defining the distinct project management knowledge areas you have to wrap your head around. Project Scope Management.

article thumbnail

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

Monday

Project management features to control the day-to-day. monday.com is the perfect platform for managing projects out-of-the-box. That will help you know when you need to invest more in procurement. Guest access and user control to involve all supply-level stakeholders. Cash to cash cycle time.