Key Terms

We discussed two processes in this chapter that you need to understand for the exam. Close Procurements Close Project or Phase

Once again, you've learned some new key words in this chapter. PMI has worked hard to develop and define standard project management terms that apply across industries. Here are the terms you came across in this chapter:

addition PMI Code of Ethics and Professional Conduct conflict of interest procurement audits culture shock procurement file formal acceptance and closure product verification extinction starvation integration

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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