project management body of knowledge changes to pmbok ® from version 4 to version 5 pmp, capm,...

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Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-1 animate bullets n this slide or

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Page 1: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

Project Management Body of Knowledge

Changes to PMBOK® from Version 4 to Version 5

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-1

Note for Kamran: animate bullets from narration in this slide or a new slide

Page 2: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-2

Introduction

• PMBOK® Guide 5th Edition published

• See Appendix X1 in PMBOK® Guide 5th Edition for details• http://www.pmi.org/~/media/PDF/Standards/Appendix_X1_ED_F

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• Download the PMBOK® Guide 5th Edition from the PMI website (for PMI members only)

Page 3: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-3

Why the changes?

• New developments• Role Delineation Study (RDS)• Keep the certification and exam up to date

Page 4: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-4

New Knowledge Area

• Stakeholder Management• Chapter 13 Of PMBOK® Guide 5th Edition

• Emphasizes Stakeholder Management as a distinct function Note for Kamran...can we do

an animation showing the split of stakeholder management from communication management?

Page 5: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-5

10 Knowledge Areas in PMBOK 5Knowledge Area

1. Integration Management

2. Scope Management

3. Cost Management

4. Time Management

5. Quality Management

6. Risk Management

7. Human Resource Management

8. Communications Management

9. Procurement Management

10. Stakeholder Management

Note for Kamran...can we do an animation here that highlights each knowledge area as it’s being mentioned in the narration?

Page 6: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-6

Rules for Handling Inputs, Tools and Techniques, and Outputs (ITTOs)

• Business rules have been established• Fundamental Rules

• Project Document Rules

• Project Management Plan Rules

• Sequencing Rules

• ITTO terminology redefined

Page 7: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-7

Redefinition of Project Management Work Execution Data

• Redefined for clarity• Work Performance Data,

• Work Performance Information, and

• Work Performance Reports

Page 8: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-8

5 New Processes

Five planning processes have been added:

4 Planning processes: 1.Plan Scope Management

2.Plan Schedule Management

3.Plan Cost Management

4.Plan Stakeholder Management

1 Monitoring and Controlling process:1.Control Stakeholder Engagement

Note for Kamran...can we do an animation here that shows process numbers going from 42 to 47

Page 9: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-9

Processes Renamed

• Many processes have been renamed• “Plan {XXX} Management” processes• “Control {XXX}” processes Note for Kamran...animate

“New processes” and “process renames” mentioned in the narration.

Page 10: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-10

Glossary Updates

• Clarify meanings • Eliminate unneeded terms• Ensure alignment with PMI lexicon

Page 11: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-11

Data Flow Diagrams

• Data Flow Diagrams updated

Page 12: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

Exam Cutover Date

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-12

Exam Date PMBOK Guide to use

Before July 31, 2012 PMBOK® Guide 4th Edition

On or after July 31, 2012 PMBOK® Guide 5th Edition

Page 13: Project Management Body of Knowledge Changes to PMBOK ® from Version 4 to Version 5 PMP, CAPM, PgMP, PMI-SP, PMI-RMP, OPM3 and PMBOK are registered marks

PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK  are registered marks of Project Management Institute, Inc

Inov8Solutions Inc – Quality Educational Services For Professionalswww.Inov8Solutions.com

1-13

Advice

• Decide on exam date• Study from correct PMBOK® Guide• Understand the changes