CIMA E2 Syllabus C. Managing projects - The Five Process Areas - Notes 1 / 5
A project is differentiated from business as usual in the following ways:
It has its own distinct stakeholders.
It has some degree of uncertainty in its outcomes due to project-specific risks.
It is a unique undertaking with its own specific objectives and targets.
A project specification is the statement of the detailed characteristics of the project such as size, etc.
The Project Management Institute has identified 5 process areas of a project.
