Major Changes with PMBOK Guide Fifth Edition 2012 Permission is granted to PMI for PMI Marketplace use only. 1
The Standard for Project Management of a Project Moved content from Section II The Standard for Project Management of a Project to Annex-A1 New section 3 addresses project management processes and Process Groups as in previous editions of PMBOK Guide Does not include the summary of the discrete processes within each Process Group 2012 Permission is granted to PMI for PMI Marketplace use only. 2
New Knowledge Area Split chapter 10 Project Communications Management into 2 knowledge areas within 2 sections Section 10: Project Communications Management Focused Project Communications Management to planning, collecting, storing, and disseminating project information, and monitoring overall communications effectiveness Moved the report project performance process into the controlling processes Section 13: Project Stakeholder Management New Knowledge Area to increase focus on identifying and engaging stakeholders 2012 Permission is granted to PMI for PMI Marketplace use only. 3
Project Data and Information Flow New model for consistency in handling work execution data and information flow Figure 3-5 Project Data, Information and Report Flow 2012 Permission is granted to PMI for PMI Marketplace use only. 4
Planning Processes and Project Management Plan Added four planning processes Scope, Time, Cost, and Stakeholder Management Reinforces concept that each major Knowledge Area has a planning process focusing on how that area will be planned and executed 2012 Permission is granted to PMI for PMI Marketplace use only. 5
Consistency Changes Harmonized definitions found in both PMBOK Guide, PMI Lexicon, and other PMI standards Renamed processes for consistency Processes creating subsidiary plans named Plan {XXX} Management Monitoring and controlling processes named Control {XXX} Cleaned up ITTOs to address orphans, update tools & techniques, and improve consistency Reinforced concept to improve value to project by transforming data to information in order to create knowledge 2012 Permission is granted to PMI for PMI Marketplace use only. 6
Formatting Changes Removed section headings for sections I, II, III, and IV Change made after Section II The Standard for Project Management of a Project moved to Annex A1 Removed chapter headings Chapters are now sections, numbered 1 13 2012 Permission is granted to PMI for PMI Marketplace use only. 7
Section Changes with PMBOK Guide Fifth Edition 2012 Permission is granted to PMI for PMI Marketplace use only. 8
Increased Discussion in Introductory Sections 1 & 2 Realigned and harmonized text in addressing projects, programs, and portfolios Increased discussion of PMOs and differences between project and operations management Added section to address characteristics and structures of project teams Expanded discussion on project life cycles and phases 2012 Permission is granted to PMI for PMI Marketplace use only. 9
Section 3 Project Management Processes Kept discussion on project management processes and Process Groups Added new section addressing project information Work performance data raw observations and measurements Work performance information analyzed performance data from controlling processes Work performance reports physical or electronic representations of work performance information 2012 Permission is granted to PMI for PMI Marketplace use only. 10
Section 4 Project Integration Management Renamed Direct and Manage Project Execution to Direct and Manage Project Work Added Table 4-1 Differentiation Between Project Management Plan and Project Documents to show distinction between Project Management Plan and project documents Brought table A1 from Fourth Edition forward into discussion of Project Management Plan 2012 Permission is granted to PMI for PMI Marketplace use only. 11
Table 4-1 Table 4-1 Differentiation Between the Project Management Plan and Project Documents 2012 Permission is granted to PMI for PMI Marketplace use only. 12
Section 5 Project Scope Management Brought back process for Plan Scope Management Renamed Verify Scope to Validate Scope Revised definition for Collect Requirements to make clear this process focuses on collecting all requirements for project success Added Table 5-1 Elements of Project Charter and Project Scope Statement to illustrate the differences between the detail found in these project documents 2012 Permission is granted to PMI for PMI Marketplace use only. 13
Section 6 Project Time Management Updated to align with Practice Standard for Scheduling Second Edition. Brought back process for Plan Time Management Agile concepts were incorporated into Develop Schedule process Updated/added figures and text to clarify scheduling concepts 2012 Permission is granted to PMI for PMI Marketplace use only. 14
Section 7 Project Cost Management Updated to align with Practice Standard for Estimating and the Practice Standard for Earned Value Management Second Edition Brought back process for Plan Cost Management Added emphasis on reserve analysis including contingency and management reserves Added Table 7-1 on Earned Value Calculations Summary Added figure to illustrate the various components making up the project budget 2012 Permission is granted to PMI for PMI Marketplace use only. 15
Figure 7-8 2012 Permission is granted to PMI for PMI Marketplace use only. 16
Section 8 Project Quality Management Renamed Plan Quality to Plan Quality Management and Perform Quality Control to Control Quality Expanded discussion on various tools & techniques Added figures to summarize the seven basic quality tools and the seven quality management and control tools. Added figure on IPECC and PDCA Cycles in Relation to QA, QC, and COQ 2012 Permission is granted to PMI for PMI Marketplace use only. 17
Figure 8-2 Figure 8-2 Fundamental Relationships of Quality Assurance and Quality Control to IPECC, PDCA, Cost of Quality Models and Project Management Process Groups 2012 Permission is granted to PMI for PMI Marketplace use only. 18
Figure 8-7 Figure 8-7 Storyboard Illustrating a Conceptual Example of Each of the Seven Basic Quality Tools 2012 Permission is granted to PMI for PMI Marketplace use only. 19
Figure 8-10 Figure 8-10 Storyboard illustrating the seven quality management and control tools 2012 Permission is granted to PMI for PMI Marketplace use only. 20
Section 9 Project Human Resource Management No significant changes were made in this section Changes consist primarily of some added or modified inputs, tools and techniques, and outputs 2012 Permission is granted to PMI for PMI Marketplace use only. 21
Section 10 Project Communications Management Moved information on stakeholder management to section 13 Processes for Distribute Information and Report Performance were reworked to clear up confusion between these processes and their overlap with controlling processes Section 10 processes are now: Plan Communications Management Manage Communications Control Communications 2012 Permission is granted to PMI for PMI Marketplace use only. 22
Section 11 Project Risk Management Text was added to expand upon the concepts of risk attitude, risk appetite, risk tolerance, and risk thresholds Moved emphasis away from the term positive risks toward opportunity to better align with feedback Risk still defined as, An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives 2012 Permission is granted to PMI for PMI Marketplace use only. 23
Section 12 Project Procurement Management Reorganized some content to align with feedback received Renamed Administer Procurement to Control Procurement Cleaned up or modified some inputs, tools and techniques, and outputs for consistency and to accommodate feedback received 2012 Permission is granted to PMI for PMI Marketplace use only. 24
Section 13 Project Stakeholder Management New section; brought forward content for Identify Stakeholders and Manage Stakeholder Expectations Renamed Manage Stakeholder Expectations to Manage Stakeholder Engagement Added processes for Plan Stakeholder Management and Control Stakeholder Engagement Stakeholder Management processes are: - Identify Stakeholders - Plan stakeholder Management Shifted emphasis focus to the importance of appropriately engaging project stakeholders - Manage Stakeholder Engagement - Control Stakeholder Engagement 2012 Permission is granted to PMI for PMI Marketplace use only. 25
Appendix A-1 Appendix A-1 provides detailed summary of changes incorporated into PMBOK Guide Fifth Edition 2012 Permission is granted to PMI for PMI Marketplace use only. 26
Other Details PMP Exam will be updated to align with PMBOK Guide Fifth Edition July 31, 2013 CAPM exam updates at the same time PMI-SP and PMI-RMP exams update August 31, 2013 PMBOK Guide Fifth Edition publishes in January 2013 PMI members can download a PDF copy from PMI.org on December 31, 2012 27