pmbok edition 5 update

Project Management Book of Knowledge - Evolution

Juha SaleniusAugust 19, 2013

Edition 5

Agenda

Introduction

Why it’s important

What’s Changed

Change Details

Process Details

Summary

Q&A

04/10/20232

Reference:Project Management Institute. (2013). A Guide to the Project Management Body of Knowledge (PMBOK® Guide)- Fifth Edition. Newtown Square, PA: Project Management Institute, Inc.

Introduction

Juha Salenius

BS – New York Institute of Technology

PMP earned in 1998

PMI-ACP earned in 2013

Business background NCR

Intel

Kontron

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Why it’s important

Culmination of lessons learned since 2008.

State of the art – PMI perspective

Baseline for the PMP and CAPM cert. exam

Presentation can augment Edition 4 training

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What’s Changed

Significant changes between Edition 4 & 5 One Knowledge Area added

Seven new processes

Two moved processes

Twelve name changes

Eleven new process definitions

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What’s Changed

Project Management Plan is an input

All Knowledge Areas have subsidiary plans

Every KA but HR have control processes

New Process flow Work performance data

Work performance information

Work performance report

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What’s Changed

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Direct and ManageProject Work

Control Processes (9)

Monitor and ControlProject Work

Develop ProjectManagement Plan

Work Performance Data

Work Performance Reports

Work Performance Information

Plan Updates

What’s Changed

Major changes to the Glossary

Sections, not chapters

Project Communications split

Stakeholder Management added

Added Annex A1

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Change details

Seven new processes Plan scope management

Plan schedule management

Plan cost management

Plan stakeholder management

Control stakeholder management

Manage communications

Control communications

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Change details

Two processes deleted Distribute information – in communications

management

Report performance – in communications management

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Process details

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Rationale Reinforce that this process applies beyond

just the execution process

Process details

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Rationale Plan added for consistency

Validate the deliverables, not just verify

Process details

04/10/202313

Rationale Agile concepts added to Develop Schedule

Process details

04/10/202314

Rationale Added emphasis on reserve analysis

Added figure defining budget components

Added new table - Earned Value calculations

Process details

04/10/202315

Rationale Expanded tool discussion

Added figure for comparing quality processes

Added new input – Collect Req. to Plan QM

Process details

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Rationale Re-named subsidiary plan

No other significant changes

Process details

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Rationale Re-focused to project specific communications

Process details

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Rationale Positive Risks renamed to Opportunity

Expanded several risk concepts

Process details

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Rationale Re-named to support consistency

Process details

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Rationale Ensuring appropriate level of engagement

Align SPMV3 and ISO 21500

Differentiates between project & stakeholder

Process details

Annex A1 The Standard for Project Management of a

Project

A stand-alone ANSI-approved standard

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Summary

The changes One Knowledge Area added

Seven new processes

Two moved processes

Twelve name changes

Eleven new process definitions

Compare, contrast & change if necessary

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Q&A

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