... resource is spent reinventing the wheel (Ford, 2008, pp. 31). Best practices in project management bring the benefit of saving time and money in dealing with projects, goals that all project based ... practices in project management: 1. The concepts: best practice, guideline and international standard in project management; 2. Advantages of using best practices in project management; 3. Best practices ... groups are: Initiating, Planning, Executing, Controlling and Monitoring, and Closing. The nine knowledge areas are: Project Integration Management, Project Scope Management, Project Time...