IEEE 1490-2003

The primary purpose of this document is to identify and describe that subset of the PMBOK that is generally accepted and adopt this as IEEE Std 1490-2002. Generally accepted means that the knowledge and practices described are applicable to most projects most of the time, and that there is widespread consensus about their value and usefulness. Generally accepted does not mean that the knowledge and practices described are or should be applied uniformly on all projects; the project management team is always responsible for determining what is appropriate for any given project. This document is also intended to provide a common lexicon within the profession for talking about project management. Project management is a relatively young profession, and while there is substantial commonality around what is done, there is relatively little commonality in the terms used. Footnote: Project Management Body of Knowledge (PMBOK) and Project Management Institute (PMI) are registered as trademarks of the Project Management Institute, Inc.