A Guide to the Project Management Body of Knowledge

A Guide to the Project Management Body of Knowledge, (PMBOK® Guide), Third Edition Library of Congress Cataloging-in-Publication Data A guide to the project management body of knowledge: PMBOK guide. -3rd ed. p. cm Includes index. ISBN 1-940699-45-X 1. Project management. I. Title: PMBOK guide. II. Project Management Institute. HD69.P75G845 2004 658.4'04--dc22 2004058697 ISBN: 1-930699-X (paperback) ISBN: 1-930699-50-6 (CD-ROM) Published by: Project Management Institute, Inc. Four Campus Boulevard N ewtown Square, Pennsylvania 19073-3299 USA. Phone: +610-356-4600 Fax: +610-356-4647 E-mail: pmihq@pmi.org Internet: www.pmi.org ©2004 Project Management Institute, Inc. All rights reserved. "PMI", the PMI logo, "PMP" the PMI logo, "PMBOK", "Project Management Journal", "PM Networks", and the PMI Today logo are registered marks of Project Management Institute, Inc. For a comprehensive list of PMI marks, contact the PMI Legal Department. PMI Publications welcomes corrections and comments on its boos. Please feel free to send comments on typographical, formatting, or other errors. Simply make a copy of the relevant page of the book, mark the error, and send it to: Book Editor, PMI Publications, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA, or e-mail: booked@pmi.org. PMI books are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs, as well as other educational programs. For more information, please write to Bookstore Administrator, PMI Publications, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA, or e-mail: booksonline@pmi.org. Or contact your local bookstore. Printed in the United States of America. No part of this work may be reproduced or transmited in any form or by any means, electronic, manual, photocopying, recording, or by any information storage and retrieval system, without prior written permission of the publisher. The paper used in this book complies with the Permanent Paper Standard issued by the National Information Standards Organization (Z39.48-1984). 10 9 8 7 6 5 4 3 2 1 an American National Standard ANSI/PMI 99-001-2004 NOTICE The Project Management Institute, Inc. (PMI) standards and guideline publications, of which the document contained herein is one, are developed through a voluntary consensus standards development process. This process brings together volunteers and/or seeks out the views of persons who have an interest in the topic covered by this publication. While PMI administers the process and establishes rules to promote fairness in the development of consensus, it does not write the document and it does not independently test, evaluate, or verify the accuracy or completeness of any information or the soundness of any judgments contained in its standards and guideline publications. PMI disclaims liability for any personal injury, property or other damages of any nature whatsoever, whether special, indirect, consequential or compensatory, directly or indirectly resulting from the publication, use of application, or reliance on this document. PMI disclaims and makes no guaranty or warranty, expressed or implied, as to the accuracy or completeness of any information published herein, and disclaims and makes no warranty that the information in this document will fulfill any of your particular purposes or needs. PMI does not undertake to guarantee the performance of any individual manufacturer or seller's products or services by virtue of this standard or guide. In publishing and making this document available, PMI is not undertaking to render professional or other services for or on behalf of any person or entity, nor is PMI undertaking to perform any duty owed by any person or entity to someone else. Anyone using this document should rely on his or her own independent judgment or, as appropriate, seek the advice of a competent professional in determining the exercise of reasonable care in any given circumstances. Information and other standards on the topic covered by this publication may be available from other sources, which the user may wish to consult for additional views or information not covered by this publication. PMI has no power, nor does it undertake to police or enforce compliance with the contents of this document. PMI does not certify, tests, or inspect products, designs, or installations for safety or health purposes. Any certification or other statement of compliance with any health or safety-related information in this document shall not be attributable to PMI and is solely the responsibility of the certifier or maker of the statement.