Reference no: EM132477693

Assignment: This Portfolio Project Milestone requires the demonstration of your progress toward the completion of your final Portfolio Project-the emphasis of this Portfolio Project Milestone is related to the "Section 1: Principle Components Discussion," which is common to both options.

Using the framework that you drafted in Module 2, add substantive content to the Section 1: Principle Components Discussion section, which describes the project management standards and processes based on the Project Management Institute's A Guide to the Project Management Body of Knowledge (PMBOK Guide) (6th ed.). For each of the following items not previously completed in the Module 2 Portfolio

Project Milestone, include a brief, yet substantive synopsis (1- to 3-paragraphs for each subsection level-2 bullet item):

• Project, Program, and Portfolio Management distinction

• Project Selection

• Project Charter (plus template in appendix)

• Project Organization

• Project Planning

• Project Scheduling

• Project Estimating

• Monitoring and Control

• Risk Management.

Please note that the project charter template must address the unique requirements of a small-to-medium projects in a global organization.

Include the Portfolio Project option that you selected as part of the cover page, running header, and the paper title to confirm which scenario-specific project management simulation you will complete and that aligns with your Portfolio Project option.