What does a project management framework establish?

A project management framework fundamentally establishes the scope and boundaries for managing projects. This framework acts as a structured approach that encompasses the guidelines, processes, and practices necessary for planning, executing, and controlling project activities. By defining these parameters, the framework ensures that all stakeholders have a clear understanding of what is included in the project and what is outside its limits. This clarity is essential for effective project management, as it helps in resource allocation, risk management, and achieving project objectives.

While the other aspects mentioned, such as budget, timeline, and criteria for successful completion, are all critical components of project management, they fall under the broader umbrella of project management processes. The project management framework specifically focuses on providing a structure within which these elements can be effectively managed and integrated. This ensures that the project aligns with organizational goals and meets stakeholder expectations while operating within the defined scope.