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Minggu, 07 April 2013

PMBOK® Guide 5th Major Changes

Major Changes in PMBOK5 those coming from PMBOK4

1. New knowledge area
The communications management knowledge area has been split to create the stakeholder management knowledge area. This should have been done for the 4th edition already, but the increasing importance of stakeholder management came a bit late into the minds of those who where responsible.
2. Agile Failure
Although some work has been done on life cycles, the new guide is not suited for agile projects. This may change with the Software Extension to the guide which is currently under review.
3. New concepts
  1. Business Value is completely new , This is explained in chapter 1
  2. Projects can now be terminated prematurely ,This is explained in chapter 3
  3. Risk Management now includes the new terms Risk Appetite, Risk Threshold and Risk Attitude .This is explained in chapter 11
4. Changed concepts
  1. The project manager is not responsible for achieving the project objectives. He is now leading the project team which takes over this responsibility This is explained in chapter 1 …cool
  2. Now it is sufficient to perceive oneself as being affected of a decision, activity or outcome of a project to become a project stakeholder ..This is explained in chapter 2
  3. The project sponsor is now accountable for enabling project success This is explained in chapter 3
5. Maturity
A lot of focus goes on provide alignment with the other PMI standards, explain topics more precisely and include practical advice from project management reality.
PMBOK expanded on the definition of a Project Management Office (PMO). They now stratify it into three possible ways of existing: Supportive, Controlling and Directive.
7.They talk some about different types of project life cycles (waterfall, adaptive/agile). [ Project life cycles expanded ]
8.Other : Apart from the above you can also notice …
  • PMBOK 5th Edition has now 248 pages minus the glossary.
  • 5 new processes have been added (going from 42 to 47 Processes)
  • Direct and Manage Project Execution’ changed to ‘Direct and Manage Project Work’
  • Addition of ‘Plan Scope Management process’
  • ‘Verify Scope’ changed to ‘Validate Scope’
  • Addition of ‘Plan Schedule Management’
  • Addition of ‘Plan Cost Management’
  • ‘Plan Quality’ changed to ‘Plan Quality Management’
  • ‘Perform Quality Control’ changed to ‘Control Quality’
  • ‘Develop Human Resource Plan’ changed to ‘Plan Human Resource Management’
  • ‘Monitor and Control Risks’ changed to ‘Control Risks’
  • ‘Plan Procurements’ changed to ‘Plan Procurement Management’
  • ‘Administer Procurements’ changed to ‘Control Procurements’
  • Addition of ‘Plan Stakeholder Management’
  • ‘Manage Stakeholder Expectations’ changed to ‘Manage Stakeholder Engagement’
  • Addition of ‘Control Stakeholders Engagement’
  • ‘Work performance measurement’ changed to ‘Work performance data’
  • ‘Positive Risks’ changed to ‘opportunity’
So see how this different PMBOK various editions get added with Knowledge area and Process area with time..
PMBOK Summary

Next post will more Focus on StakeHolder Management new area…of PMBOK5..

Comparing PMBOK® Guide 4th Edition, PMBOK® Guide 5th Edition

The major change is related to stakeholder management; the subject group (aka knowledge area) has been introduced by ISO and it appears as well in the new PMBOK® Guide release. The two processes introduced by ISO in this subject group were two processes of the communication knowledge area of the PMBOK® Guide 4th edition.
Since the PMBOK® Guide 4th came first, we will use the wording “process groups” and “knowledge areas” in this document.
The first noticeable thing is the introduction of a new knowledge area in the DIS and the PMBOK® Guide 5th edition: Stakeholder Management.

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