Update on the PMBOK 5 th Edition ISO Guidance on Project Mgmt.
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1 Update on the PMBOK 5 th Edition ISO Guidance on Project Mgmt. Daniel Hendling, PMI Austria Chapter PMI Slovakia Chapter Meeting, , Bratislava, SK
2 Agenda. About Daniel & the PMI Austria Chapter. PMBOK 5th Edition: What is new? ISO Guidance on Project Management Questions & Co. PMBOK 5th Edition, ISO Daniel Hendling S.2
3 Daniel Hendling PMI Austria Chapter Vice President Volunteers Membership PMIEF
4 PMI Austria Chapter. Key Figures Founded in Members PMIEF Liaison Partnerships with universities Key Services 4 open, different partner events every year Discounts on partner offerings (training, events, PM subscription, T-Mobile member tariff ) For Social Good project
5
6 PMBOK 5th Edition. Downloadable at Can be ordered at for EUR 38,- (members) PMBOK 5th Edition, ISO Daniel Hendling S.6
7 General. Feedback considered, corrections done, consistency increased Alignment with ISO Other PMI Standards (Program, Portfolio, Scheduling) and Lexicon of PM terms considered Standard for Project Management now separate (Annex A1) More focus on Planning More focus on Stakeholder Engagement PMBOK 5th Edition, ISO Daniel Hendling S.7
8 Added. Handling of Work Performance described more in detail (Fig. 3-5) Interpersonal skills emphasized (Role of the project manager) see Appendix G (PMBOK 4th Edt.) and Appendix X3 (PMBOK 5th Edt.) PMBOK 5th Edition, ISO Daniel Hendling S.8
9 Planning Processes. New Planning Processes for Scope Management Schedule Management Cost Management Stakeholder Management More focus on Planning. PMBOK 5th Edition, ISO Daniel Hendling S.9
10 Communications & Stakeholder. Communications Management split into: Communications Management Stakeholder Management Means... Information Management, Communications and Stakeholder Engagement now viewed separately Topics may now be developed more separate from each other Compliancy with ISO Standard PMBOK 5th Edition, ISO Daniel Hendling S.10
11 Wording-Updates (see PDF). PMBOK 5th Edition, ISO Daniel Hendling S.11
12 Types of life cycles. Predictive Iterative & Incremental Adaptive (Agile) PMBOK 5th Edition, ISO Daniel Hendling S.12
13 Project Plans vs. Documents. PMBOK 5th Edition, ISO Daniel Hendling S.13
14 Scope Management. New: Plan Scope Management Example for RTM added Separation between Charter vs. Scope Statement Validate scope as it is more than simply accepting the deliverables (has to fit to targets and expected benefits; see also fitness for use ) PMBOK 5th Edition, ISO Daniel Hendling S.14
15 Time Management. New: Plan Schedule Management Graphs for Sequencing, CPM, CCM... added PMBOK 5th Edition, ISO Daniel Hendling S.15
16 Cost Management. New: Plan Cost Management Illustrations added, EVM table added PMBOK 5th Edition, ISO Daniel Hendling S.16
17 Quality Management. Clear separation of Quality Assurance vs. Quality Control Several QM Tools added PMBOK 5th Edition, ISO Daniel Hendling S.17
18 Communications & Stakeholder Management. Split into two Knowledge Areas PMBOK 5th Edition, ISO Daniel Hendling S.18
19 HR, Risk, Procurement Management. Human Resource & Procurement Management: No significant changes Risk Management: Additional comments on Risk Attitude, Appetite & Threshold... PMBOK 5th Edition, ISO Daniel Hendling S.19
20 PMBOK 5th Edition, ISO Daniel Hendling S.20
21 ISO Guidance on Project Management. Foundation for common understanding on Project Managenent Effective collaboration, within the team as well as between sponsor and project manager Helps develop an internal Project Management Standard PMBOK 5th Edition, ISO Daniel Hendling S.21
22 Relevant content. Opportunities & Business Benefits Program & Portfolio Management see relevant PMI Standards Competencies Technical / Behaviourial / Contextual see PMI Competency Development Framework Constraints: Scope, Quality, Schedule, Resources, Costs and Risks, Health (Security), social & ecological consequences PMBOK 5th Edition, ISO Daniel Hendling S.22
23 Processes. Process Groups Initiating Planning Implementing Controlling Closing Subject Groups Integration Stakeholder Scope Resource Time Cost Risk Quality Procurement Communication PMBOK 5th Edition, ISO Daniel Hendling S.23
24 Details (see PDF). PMBOK 5th Edition, ISO Daniel Hendling S.24
25 Key Messages. If you are comfortable with using the PMBOK you will not have any difficulties in understanding the ISO standard. If the company you are working in is applying the PMBOK, it will be easy for you to create a compliancy with the ISO standard. If you are working in projects with other companies, which apply the ISO standard, you will be speaking the same language. PMBOK 5th Edition, ISO Daniel Hendling S.25
26 Questions? PMBOK 5th Edition, ISO Daniel Hendling S.26
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