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PMBOK is a set of standard terminology and guidelines for project management, presented in A Guide to the Project Management Body of Knowledge. The guide is published by the Project Management Institute and covers 12 principles, 49 processes, and 10 knowledge areas of project management.
EPC contracts are a type of turnkey contract for large-scale and complex infrastructure projects. They cover engineering, procurement, construction, commissioning and after-sales-service functions by a contractor for a guaranteed price and date.
Procurement is the process of buying goods, services, or works from an external source, often with a competitive bidding process. Learn about the history, types, and methods of procurement, as well as the role of procurement software and sourcing and acquisition.
ISPL (Information Services Procurement Library) is a method for managing the acquisition of IT services. It helps customer and supplier organizations to achieve quality, cost and time efficiency by providing methods and best practices for risk management, contract management and planning.
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints of scope, time, and budget. Learn about the origins, methods, and applications of project management in various fields and industries.
DBOM stands for Design-Build-Operate-Maintain, a project delivery method that includes the operations and maintenance of the completed project in the same contract. Learn about the history, trends and types of project delivery methods, such as DBB, DBO, PPP and more.
US Navy Chief of Naval Operations (CNO) Adm. Gary Roughead (left) talks with project managers. A project manager is a professional in the field of project management.Project managers have the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; regardless of industry.
PMP is a globally recognized credential for project managers offered by the Project Management Institute (PMI). Learn about the exam content, process, prerequisites, and continuous credential requirements for PMP certification.
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