Interesting Facts about PMI Project Management Standards, Knowledge, Success Guidelines, Framework

This video is an interesting overview of foundational standards of project management published by Project Management Institute PMI. Project complexities and their multidimensional requirements have posed new challenges. Achieving success and delivering value are nonnegotiable aspects today. Therefore, the project management domain has also got revolutionized and strongly influenced the project outcomes. Project management is not merely an approach but an allinclusive package of knowledge, skills, tools, and techniques required to create value and deliver successful projects. The ability to perform exceptionally well relies heavily on adopting practices that qualify as best practices. Project Management Institute (PMI) consolidates best practices into standards for our guidance. The breadth of the knowledge management domain has been covered in these standards. These standards provide knowledge, a sound framework, and guidelines that pave the way