How to deploy cumulative updates for Project Server 2007

The TechNet team has just published this key article Deploy cumulative updates (Project Server 2007)

Please read this article prior to deploying any Project Server Cumulative Update.

As a reminder the last cumulative update was released on October 28th: Announcing the release of the October Cumulative Update for Project and Project Server 2007

The equivalent article for SharePoint are:

• Deploy software updates for Windows SharePoint Services 3.0 http://technet.microsoft.com/en-us/library/cc288269.aspx
• Deploy software updates for Office SharePoint Server 2007 http://technet.microsoft.com/en-us/library/cc263467.aspx