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    Chapter 1. Project Management Framework ... > The Project Management Framework

    The Project Management Framework

    • Understand the Project Management Framework

    CramSaver

    If you can correctly answer these questions before going through this section, save time by skimming the Exam Alerts in this section and then completing the Cram Quiz at the end of the section.

    1.What are the two most important attributes that describe a project?
    2.What is the relationship between a project, a program, and a portfolio?

    Answers

    1.According to the PMBOK, a project is “a temporary endeavor undertaken to create a unique product, service, or result.”
    2.A group of related projects is called a program. A portfolio is a collection of projects and programs that satisfy the strategic needs of an organization.



      

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