robert hughes art critic A coworking space is much more than merely a space shared by different businesses and firms. There's a completely different dynamism prevalent in coworking spaces; they are a residential area, an artistic, open environment where ideas fly forwards and backwards and knowledge is traded and shared. It's more than simply an area to work, it's a residential district of men and women working collaboratively and openly. Plenty of start-ups find their beginnings in coworking spaces, mostly coming from a shared idea, a vision. Plenty of companies and would-be entrepreneurs develop their ideas in collaborative environments such as these. Anything could spark an idea, a throwaway comment, a conversation with fellow employees and members. It is a fact that project managers have executed projects with no documented set of processes - or, put simply, a handbook on portfolio management. Now, with Project Management Institute's (PMI) initiative in bringing out standards for portfolio management within its PMBOK, project managers looks toward a new resource to assist them professionally complete projects. There is also a separate book entitled Standards for Portfolio Management.