Which capability area includes Planning and Managing Work?

The correct choice is Project Management. This capability area is fundamentally focused on the planning, executing, monitoring, and controlling of projects to achieve specific goals and meet success criteria within a specified timeframe and budget. It involves defining objectives, developing plans to accomplish those objectives, managing resources, and adjusting plans as necessary based on performance and feedback.

Project Management encompasses activities related to establishing the scope of the work, scheduling tasks, allocating resources, and ensuring that the project stays aligned with the overall strategic goals of the organization. By focusing on proper planning and managing of work, organizations can increase efficiency, minimize risks, and foster communication among team members, ultimately leading to successful project outcomes.

Understanding that monitoring and control, though vital, is a component of project management, it does not cover the entire scope of planning and managing work. Therefore, while monitoring and control are essential, they don't encapsulate the broader range of activities involved in project management as a capability area.