Project Management

project management banner 4There are many different methods for project management.  In general, the authors of this site subscribe to the methods and techniques laid out by the Project Management Institute.  The reasoning is that the PMI has developed a comprehensive and scalable process for managing projects across multiple industries.  For a complete and thorough education on Project Management, the Project Management Body of Knowledge (PMBOK) is an excellent resource and should be referenced.

It is important to note that every project may not support the techniques laid out by PMI.  For instances like these, it is up to the project manager (PM) to decide to what extent each knowledge area and process should be utilized.  However a PM should be familiar with all aspects laid out in the PMBOK.


  • PROJ - project
  • PM - Project Management
  • PME - Project Management Engineer
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Capital Expenditure
Operational Expenditure