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Its hard to imagine a time when A Guide to the Project Management Body of Knowledge (PMBOK® Guide) wasnt around. Yet, just twenty years ago, PMI volunteers first sat down to distill the project management body of knowledge. Their hard work eventually became the PMBOK® Guide, now considered one of the most essential tools in the profession and is the de facto global standard for the industry. With more than a million copies of the PMBOK® Guide2000 Edition in use, PMI has received numerous positive comments and suggestions for improvements. Methodical updates occur on a four-year cycle to ensure PMIs commitment to continually improve and revise the information contained in this essential reference manual. Users will find a number of changes when they upgrade from the PMBOK® Guide2000 Edition. One of the most important changes is the criteria for included information, which evolved from generally accepted on most projects, most of the time to generally recognized as good practice on most projects, most of the time. Unique to the PMBOK® GuideThird Edition is the increased clarity and emphasis on processes, including highlighting that the five Process Groups are the key to the management of projects. As the updated official standard of the worlds leading project management organization, PMBOK® Guide Third Edition is an essential reference tool for every project management practitioners library.