PMP meaning in Business ?

Answer:

What is Project Management Plan mean?

A project plan, according to the Project Management Body of Knowledge (PMBOK), is:"...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among project stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summarized or detailed."

The latest edition of the PMBOK (v6) uses the term project charter to refer to the contract that the project sponsor and project manager use to agree on the initial vision of the project (scope, baseline, resources, objectives, etc.) at a high level. In the PMI methodology described in the PMBOK v5, the project charter and the project management plan are the two most important documents for describing a project during the initiation and planning phases.

PRINCE2 defines a project plan as:

"...a statement of how and when a project's objectives are to be achieved, by showing the major products, milestones, activities and resources required on the project."

The project manager creates the project management plan following input from the project team and key project stakeholders. The plan should be agreed and approved by at least the project team and its key stakeholders.

Many project management processes are mentioned in PMBOK® Guide, but determining which processes need to be used based on the needs of the project which is called Tailoring is part of developing the project management plan.

reference

Full Form	Category
Probable Maximum Precipitation	Academic & Science
Pimaga	Airport Code
Portmeirion	Business
PMP Ltd	Business
Project Management Plan	Business
Well Pump	Business
Performance Management Process	Business
Pagan Music Productions	Business
Permanent Marking Pen	Business
Pretoria Metal Pressings	Business
Private Marketplace	Business
Property Management Professionals	Business
Personal Media Player	Business
Portable Media Player	Community
Perceptual Motor Program	Community
Practice Makes Perfect	Community
Portable Multimedia Player	Community
Pontifical Mission for Palestine	Community
Perlman Music Program	Community
Point to MultiPoint	Computer and Networking
Professional Mallet Player	Computer Assembly Language
Password Manager Pro	Computing
Preventative Maintenance Package	Computing
Port Mapping Protocol	Computing
Protected Media Path	Computing
Program Monitoring Plan	General
Price Marked Pack	General
Project Manager Professional	General
Protein Model Portal	General
Product monitoring plan	General
Public Media Platform	General
Pathogen Modeling Program	General
Paint My Photo	General
Planned Maintenance Program	General
PolyMethylPentene	General
Pot Meets Pop	General
Processed Meat Product	General
Photo Mentor Program	General
Proto Malayo Polynesian	General
Parker Motion Panel	General
Politicize Mobilize and Power	General
Preoperative Mortality Predictor	General
Private Media Plan	General
PCMDI Metrics Package	General
Premium Maintenance Plan	General
Particulate Measurement Program	General
Production Mid-Mini Pick-Up	General
Project Management Process	General
Passager Mille Payant	General
Partial Intake Manifold Preheater	General
Proton Motor Parts	General
Parking Management Plan	General
Palmer Motorsports Park	General
Plant-Made Pharmaceutical	Governmental
Performance Management Program	Governmental
Peoples Mandate Party	Governmental
PIMPRI	Indian Railway Station
Project Management Professional	Jobs
Per Million of Population	Measurement Unit
Prescription Monitoring Program	Medical
Population Management Plan	Medical
Previous Menstrual Period	Medical
Physiotherapy Management Plan	Medical
Post-MenoPausal Bleeding	Medical
Placement Management Partnership	Medical
Peroxisome Membrane Protein	Medical
Pretty Much Pointless	Messaging
Preventive Maintenance Program	Military and Defence
Parts, Materials, and Processes	Space Science
Performance Management Package	Space Science
Pre-modulation Processor	Space Science
Program Management Plan	Space Science
Pump	Space Science
Precision Machined Product	Space Science