1. PMBOK Version 5 – What are the Changes?
Project Management Institute –
Baltimore Chapter
PMBOK Version 5 – What are the Changes?
Mike Berendt, PMP, PMI-RMP
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2. Agenda PMBOK Review Scope Major Changes
Changes by Knowledge Area/Chapter
Implementation Timelines
We will need to have trainer notes with each slide
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3. Scope of the Review
Incorporate comments and feedback on Version 4 from practitioners
Align PMBOK with:
PMI Lexicon
Other PMI Standards – Scheduling, Risk, Agile, PgMP. etc
ISO 21500
Consider project management role delineation study results
Reposition Chapter 3 (The Standard for Project Management) as a standalone, ANSI approved standard (Appendix) within the Fifth Edition
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4. Major Changes
Business Rules established for Inputs, Tools & Techniques and Outputs (ITTO)
Project Management plan is input for all processes that produce a subsidiary plan as output, eg. Scope Management Plan
Documents specifically named when created as a primary output, eg. Scope Management Plan; captured as part of “Project Documents Updates” subsequently
Precedence rules established for input and output lists – plans, subsidiary plans, baselines, data/reports, updates, enterprise environmental factors, organizational process assets
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5. Major Changes
For consistency and clarity, four new Planning Processes were added to create subsidiary plans that are part of the overall project management plan
Plan Scope Management
Plan Schedule Management
Plan Cost Management
Plan Stakeholder Management
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6. Major Changes
For consistency and clarity, the monitor and controlling processes were named using the form “Control {XXX}”, since controlling includes monitoring – eg. Monitor and Control Risks changed to Control Risks
Chapter 3 was downsized to introduce the project management processes and Process Groups but not list each individual process; most of this content was moved to an Appendix as the ANSI standard
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7. Major Changes
Chapter 10 was separated into two distinct Knowledge Areas: Project Communications Management and Project Stakeholder Management
New Chapter 13 – Project Stakeholder Management
13.1 Identify Stakeholders
13.2 Plan Stakeholder Management
13.3 Manage Stakeholder Engagement
13.4 Control Stakeholder Engagement
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8. Major Changes
Redefined terms to align with the DIKW (data, information, knowledge, wisdom) model used in the field of Knowledge Management
Work Performance Data - The raw observations and measurements identified during activities being performed to carry out the project work – ex. percent of work completed, actual costs
Work Performance Information - The performance data collected from various controlling processes, analyzed in context and integrated based on relationships across areas – ex. status of deliverables and forecasted estimates to complete.
Work Performance Reports - The physical or electronic representation of work performance information compiled in project documents, intended to generate decisions, actions, or awareness – ex. status reports and updates
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9. Refined Data Model
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10. Project Integration Management
PMBOK Version 4
PMBOK Version 5
4.1 Develop Project Charter
4.2 Develop Project Management Plan
4.3 Direct and Manage Project Execution
4.3 Direct and Manage Project Work
4.4 Monitor and Control Project Work
4.5 Perform Integrated Change Control
4.6 Close Project or Phase
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11. Project Scope Management
PMBOK Version 4
PMBOK Version 5
5.1 Plan Scope Management
5.1 Collect Requirements
5.2 Collect Requirements
5.2 Define Scope
5.3 Define Scope
5.3 Create WBS
5.4 Create WBS
5.4 Verify Scope
5.5 Validate Scope
5.5 Control Scope
5.6 Control Scope
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12. Project Time Management
PMBOK Version 4
PMBOK Version 5
6.1 Plan Schedule Management
6.1 Define Activities
6.2 Define Activities
6.2 Sequence Activities
6.3 Sequence Activities
6.3 Estimate Activity Resources
6.4 Estimate Activity Resources
6.4 Estimate Activity Durations
6.5 Estimate Activity Durations
6.5 Develop Schedule
6.6 Develop Schedule
6.6 Control Schedule
6.7 Control Schedule
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13. Project Cost Management
PMBOK Version 4
PMBOK Version 5
7.1 Plan Cost Management
7.1 Estimate Costs
7.2 Estimate Costs
7.2 Determine Budget
7.3 Determine Budget
7.3 Control Costs
7.4 Control Costs
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14. Project Quality Management
PMBOK Version 4
PMBOK Version 5
8.1 Plan Quality
8.1 Plan Quality Management
8.2 Perform Quality Assurance
8.3 Perform Quality Control
8.3 Control Quality
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15. Project Human Resource Management
PMBOK Version 4
PMBOK Version 5
9.1 Develop Human Resource Plan
9.1 Plan Human Resource Management
9.2 Acquire Project Team
9.3 Develop Project Team
9.4 Manage Project Team
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16. Project Communications Management
PMBOK Version 4
PMBOK Version 5
10.1 Identify Stakeholders
Moved to 13.1
10.2 Plan Communications
10.1 Plan Communications Management
10.3 Distribute Information
10.2 Manage Communications
10.4 Manage Stakeholder Expectations
Moved to 13.3
10.5 Report Performance
10.3 Control Communications
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17. Project Risk Management
PMBOK Version 4
PMBOK Version 5
11.1 Plan Risk Management
11.2 Identify Risks
11.3 Perform Qualitative Risk Analysis
11.4 Perform Quantitative Risk Analysis
11.5 Plan Risk Responses
11.6 Risk Monitoring and Control
11.6 Control Risks
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18. Project Procurement Management
PMBOK Version 4
PMBOK Version 5
12.1 Plan Procurements
12.1 Plan Procurement Management
12.2 Conduct Procurements
12.3 Administer Procurements
12.3 Control Procurements
12.4 Close Procurements
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19. Project Stakeholder Management
PMBOK Version 4
PMBOK Version 5
10.1 Identify Stakeholders
13.1 Identify Stakeholders
13.2 Plan Stakeholder Management
10.4 Manage Stakeholder Expectations
13.3 Manage Stakeholder Engagement
13.4 Control Stakeholder Engagement
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20. Chapter 13 Process Flow Project Charter Stakeholder Register Identify
Stakeholders
Plan
Stakeholder
Management
Perform
Integrated
Change Control
Stakeholder
Management
Plan
Change Requests
Control
Stakeholder
Engagement
Manage
Stakeholder
Engagement
Issue Log
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21. Summary of Changes
1 new Knowledge Area/Chapter – Project Stakeholder Management
5 new processes – Up to 51 processes
12 process name changes
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22. Implementation Timelines
15 January 2013 – PMBOK, Version 5 available in print
January-July 2013 – Registered Education Providers (REPs) modified training classes, boot camps, and educational materials to incorporate Version 5 changes
31 July 2013 – Last PMP exam based on PMBOK, Ver. 4
1 August 2013 – Full implementation of PMBOK, Version 5 with PMP exam aligned to new knowledge areas and processes
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23. Questions??? Mike Berendt, PMP, PMI-RMP Columbia Site Director
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