Author Question: Value chain activities are not dependent on the competitive strategies used by organizations. ... (Read 81 times)

bobthebuilder · **on:** Jul 7, 2018

Value chain activities are not dependent on the competitive strategies used by organizations.

Indicate whether the statement is true or false

Question 2

What is the Project Management Body of Knowledge (PMBOK) Guide for projectmanagement?

What will be an ideal response?

jessofishing · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

TRUE

Answer to Question 2

Project Management Body of Knowledge (PMBOK) Guide, compiled by the Project
Management Institute (PMI), contains what many believe are the best project management
processes, practices, and techniques. The document does not describe the details of each practice
or technique but instead identifies those practices that are known to be effective for different
situations and briefly describes their use. Versions of this document are denoted by the year in
which they are published. As of 2015, the current version is A Guide to the Project
Management Body of Knowledge (PMBOK) Guide, Fifth Edition.
PMBOK Guide is organized according to a grid, which shows five process groups and nine
knowledge areas. The process groups refer to different stages in the life of a project. The nine
knowledge areas refer to factors to be managed throughout the life of the project.