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PMP Foundation Terms

Foundation Terms

Here you learn the PMBOK common terms, environmental factors and similar aspects.

We take a look at common project management tools, techniques, and common PMBOK Process outputs.

The Foundation Term is used to describe the project plan, cost, time, and scope.

Baseline refers to the original plan plus any approved changes.

This will change as the project changes – old baselines should be archived. A plan’s baseline is the original plan plus all agreed changes.

Historical Information

Records of past projects – this is helpful in planning and managing future projects. It can be helpful in benchmarking the current project. Used to help predict trends and evaluate a project’s feasibility. Enterprise Environmental Factors can be anything external to your project. Organizational Process Assets Tools, documents, knowledge, policy guidelines, templates, in fact, anything that already exists that can help you plan your project.