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Project Management Book of Knowledge - Evolution Juha Salenius August 19, 2013 Edition 5

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This presentation provides the changes between Edition 4 and Edition5 of the PMI Project Management Book of Knowledge.

TRANSCRIPT

Page 1: PMBOK edition 5 update

Project Management Book of Knowledge - Evolution

Juha SaleniusAugust 19, 2013

Edition 5

Page 2: PMBOK edition 5 update

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.

Page 3: PMBOK edition 5 update

Introduction

Juha Salenius

BS – New York Institute of Technology

PMP earned in 1998

PMI-ACP earned in 2013

Business background NCR

Intel

Kontron

04/10/20233

Page 4: PMBOK edition 5 update

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

04/10/20234

Page 5: PMBOK edition 5 update

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

04/10/20235

Page 6: PMBOK edition 5 update

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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Page 7: PMBOK edition 5 update

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

Page 8: PMBOK edition 5 update

What’s Changed

Major changes to the Glossary

Sections, not chapters

Project Communications split

Stakeholder Management added

Added Annex A1

04/10/20238

Page 9: PMBOK edition 5 update

Change details

Seven new processes Plan scope management

Plan schedule management

Plan cost management

Plan stakeholder management

Control stakeholder management

Manage communications

Control communications

04/10/20239

Page 10: PMBOK edition 5 update

Change details

Two processes deleted Distribute information – in communications

management

Report performance – in communications management

04/10/202310

Page 11: PMBOK edition 5 update

Process details

04/10/202311

Rationale Reinforce that this process applies beyond

just the execution process

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Process details

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Rationale Plan added for consistency

Validate the deliverables, not just verify

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Process details

04/10/202313

Rationale Agile concepts added to Develop Schedule

Page 14: PMBOK edition 5 update

Process details

04/10/202314

Rationale Added emphasis on reserve analysis

Added figure defining budget components

Added new table - Earned Value calculations

Page 15: PMBOK edition 5 update

Process details

04/10/202315

Rationale Expanded tool discussion

Added figure for comparing quality processes

Added new input – Collect Req. to Plan QM

Page 16: PMBOK edition 5 update

Process details

04/10/202316

Rationale Re-named subsidiary plan

No other significant changes

Page 17: PMBOK edition 5 update

Process details

04/10/202317

Rationale Re-focused to project specific communications

Page 18: PMBOK edition 5 update

Process details

04/10/202318

Rationale Positive Risks renamed to Opportunity

Expanded several risk concepts

Page 19: PMBOK edition 5 update

Process details

04/10/202319

Rationale Re-named to support consistency

Page 20: PMBOK edition 5 update

Process details

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Rationale Ensuring appropriate level of engagement

Align SPMV3 and ISO 21500

Differentiates between project & stakeholder

Page 21: PMBOK edition 5 update

Process details

Annex A1 The Standard for Project Management of a

Project

A stand-alone ANSI-approved standard

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Page 22: PMBOK edition 5 update

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

04/10/202322

Page 23: PMBOK edition 5 update

Q&A

04/10/202323