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The Guide to the Project Management Body of Knowledge (PMBOK®)is

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The Guide to the Project Management Body of Knowledge (PMBOK®)is divided into two main parts, the various business processes that organizations follow in carrying out projects and the nine knowledge areas applicable to nearly all projects.


Definitions:

Goodwill

The intangible asset that arises when a company acquires another company for more than the fair value of its net identifiable assets.

Consolidated Balance Sheet

A financial statement showing the financial position of a company and its subsidiaries as one single entity.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal business cycle of a company.

Consolidated Balance Sheet

A comprehensive financial statement presenting the total assets, liabilities, and shareholder equity of a parent company and its subsidiaries as a single entity.

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