Achieve PMP Exam Success PMBOK® Guide: A Concise Study Guide for the Busy Project Manager, 3rd Edition Companion

Chapter 2: Framework

PROJECT MANAGEMENT FRAMEWORK

Chapters 1 and 2 of the PMBOK Guide provide a basic structure to the field of project management. These chapters provide an introduction to project management and the context or environment in which projects operate. Together, these 2 chapters describe the Project Management Framework. Framework itself is not a knowledge area or a performance domain but it contains many important definitions and concepts that must be understood before attempting the remaining chapters of the PMBOK Guide.

Framework questions on the PMP certification exam mainly cover definitions, concepts and approaches. You must be very familiar with PMI terminology. Projects, programs, project management, stakeholders, project and product life cycles, organizational structures and influences are among the topics covered.

Exam Tip

Reference the Glossary of the PMBOK Guide frequently to learn PMI terminology.

Things to Know

  1. The Triple Constraint

  2. Project Life Cycles

  3. The Influence Curve

  4. Forms of Organizational Structure

  5. Management by Objective

Key Definitions

Operation: ongoing work performed by people, constrained by resources, planned, executed, monitored and controlled. Unlike a project, operations are repetitive; e.g., the work performed to carry out the day-to-day business of an organization is operational work.

Portfolio: a collection of programs, projects and additional work managed together to facilitate the attainment of strategic business goals.

Product Life Cycle: the collection of stages that make up the life of a product. These stages are typically introduction, growth, maturity and decline.

Program: a group of related projects managed in a coordinated way; e.g., the...

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