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Project Management Framework

oboloo Glossary

Project Management Framework

Project Management Framework is a set of principles, processes, and practices that guide the successful execution of projects. It includes key concepts such as scope, time, cost, quality, risk, resources, and governance -all of which provide the framework to manage any project from beginning to end. The framework aims to maximize value delivery while minimizing risks associated with any project. It also promotes collaboration among stakeholders, teams, and other teams involved in the projects’ lifecycle. By managing projects effectively through the use of a PMF, organizations can be more organized, efficient, and effective in reaching desired business outcomes.

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