The document discusses the Project Management Body of Knowledge (PMBOK), which is a sum of knowledge within project management used to standardize practices. It is produced by the Project Management Institute and revised every 4 years. The document outlines the 9 knowledge areas that make up the PMBOK, which are Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications Management, Project Risk Management, and Project Procurement Management. Each knowledge area involves defined processes for planning, executing, monitoring/controlling and closing the specific area of the project.