All terms

Industry Standard

A voluntary, widely accepted practice or specification within a given industry.

Original SimCert study summary; not an official PMI® glossary definition.

Performance domain · GovernancePrinciple · Be an Accountable LeaderExam domain · Business Environment

Questions that use this term

Business Environment·Governance

A project team is developing a new product and must decide whether to comply with an industry standard that is not legally mandatory but is widely adopted by competitors and customers.

What should the project manager recommend?

Practise this domain

Nearby terms in Governance