Now, it is final! PMI- Project Management Institute to publish PMBOK 6th edition officially . But what is changing from the PMBOK 5th edition to PMBOK 6th edition? How will the PMBOK 6th edition change impact us? Let us dig deeper to understand what changes in PMBOK 6th edition and what does not and how and whom it will impact. We will summarize the changes in PMBOK 6th edition in this Presentation.
2. Agenda
• What is the PMBOK® Guide?
• Why is the PMBOK® Guide changing?
• 15 Key Changes in PMBOK ® Guide Sixth Edition.
• How do these changes affect the PMP Exam?
• When is PMI launching the new PMP Exam?
3. What is the PMBOK® Guide?
• PMI provides global leadership in the
development of standards for the
practice of the project management
profession throughout the world.
• One of their significant accomplishments
is the Institute's evolving standards
document - A Guide to the "Project
Management Body of Knowledge
(PMBOK Guide)".
4. What is the PMBOK ® Guide?
• PMBOK® Guide is a globally recognized
standard for managing projects in
today's marketplace.
5. What is the PMBOK ® Guide?
• PMI is committed to the continuous
improvement and expansion of the PMBOK®
Guide , as well as the development of
additional standards.
• This standard gets an update roughly every
four years.
7. Why is the PMBOK® Guide
changing?
• Project Management has evolved significantly
since PMI published the PMBOK® Guide – Fifth
Edition in 2013.
• Part 2 of the PMBOK® Guide is accredited by the
American National Standards Institute (ANSI) and
must be updated every four to five years.
• PMI continually learns more about what drives
successful project outcomes through Its research…
and PMI wants to share those drivers with the
project management community.
8. 14 Key Changes in PMBOK ®
Guide Sixth Edition
• Now, it is final! PMI- Project Management
Institute to publish PMBOK 6th edition
officially .
• But what is changing from the PMBOK 5th
edition to PMBOK 6th edition?
• How will the PMBOK 6th edition change
impact us?
9. 14 Key Changes in PMBOK ®
Guide Sixth Edition
• Let us dig deeper to understand what
changes in PMBOK 6th edition and what
does not and how and whom it will
impact.
• We will summarize the changes in PMBOK
6th edition in this Presentation.
10. Change #1: Change of Name of
2 Knowledge Areas
• The change of "Project Time
Management" to "Project Schedule
Management"
• is a synonymous switch
11. Change #1: Change of Name of
2 Knowledge Areas
• change of "Project Human Resource
Management" to "Project Resource
Management" represents a pro-active
stance from PMI for project managers to
keep an eye on all resources - not just
human resources.
• This includes physical - equipment,
supplies, and material, and of course,
human resources.
12. Change #2: Addition of 3 New
Processes
Manage Project Knowledge:
– is part of the Executing Process Group and
Project Integration Management knowledge
area.
– this process likely serves to expand the idea of
managing information within the project from
raw data to integrated information to
knowledge and to decision making wisdom.
13. Change #2: Addition of 3 New
Processes
Implement Risk Responses :
– Is part of the Executing Process Group and Project Risk
Management knowledge area.
– This fills the gap that existed between the 5 planning processes
and the one monitoring and controlling process group that have
existed over several PMBOK® Guides.
– This process was previously rolled into the "Direct and Manage
Project Work".
– Considering the importance of Risks on projects, this is a
welcome addition.
14. Change #2: Addition of 3 New
Processes
Control Resources:
– Is part of the Monitoring and Controlling Process Group
and Project Resource Management knowledge area.
– Control Resources is a great addition to the PMBOK®
Guide.
– There was the process "Manage Project Team" in the
previous editions.
– However, as every project manager recognizes, it is
important to assess actual vs. planned usage of
equipment, material, supplies, AND human resources.
15. Change #3: Changing Name of 9
Processes
• Perform Quality Assurance to Manage Quality.
• This is a shift of name that does not gel with the
industry standard terminology of "Quality
Assurance".
16. Change #3: Changing Name of 9
Processes
• Plan Human Resource Management to
Plan Resource Management.
• This follows the change of the
knowledge area above.
17. Change #3: Changing Name of 9
Processes
• Acquire Project Team to Acquire
Resources.
• Develop Project Team to Develop Team.
• Manage Project Team to Manage Team.
18. Change #3: Changing Name of 9
Processes
• Control Communications to Monitor
Communications.
• Control Risks to Monitor Risks.
19. Change #3: Changing Name of 9
Processes
• Plan Stakeholder Management to Plan
Stakeholder Engagement .
• Control Stakeholder Engagement to
Monitor Stakeholder Engagement.
20. Change #3: Changing Name of 9
Processes
• From a practical standpoint, project managers
have been able to monitor these areas, but had
very little control.
• Control comes through the use of other
processes
21. Change #4: Movement of 1 Process
• Estimate Activity Resources is still part of the
Planning Process Group, but it is associated with
Project Resource Management processes instead
of Project Schedule Management processes.
• The new name after moving the process is:
Estimate resources.
22. Change #5: Deletion of 1 Process
• The function of the Close Procurement
process has now been captured within
Control Procurements and Close Project
or Phase.
• Research shows that few project
managers have the authority to formally
and legally close a contract.
23. Change #5: Deletion of 1 Process
• Project managers are responsible to
determine that work is complete, records
indexed and archived, and responsibilities
transferred appropriately.
• Thus, they have now included work
associated with Close Procurements
within the aforementioned processes.
24. Change #6: Moving away from the phrase
"Control' to "Monitor" where applicable
• To align with research showing that
project management is more about
facilitating and managing than controlling,
PMI has shifted several processes from a
Control function to a Monitor function.
25. Change #6: Moving away from the phrase
"Control' to "Monitor" where applicable
• Here are the changes of names:
– Control Communications to Monitor
Communications
– Control Risks to Monitor Risks
– Control Stakeholder Engagement to Monitor
Stakeholder Engagement
26. Change #6: Moving away from the phrase
"Control' to "Monitor" where applicable
• However, the following processes continue
to have the word control in them for good
reason:
– Monitor and Control Project Work,
– Control Schedule,
– Control Costs,
– Control Quality,
– Control Procurement
– The newly added process of Control Resources.
27. Change #7: Agile Addition
• The PMBOK® Guide –Sixth Edition will
contain numerous references to adaptive
and iterative practices, including agile.
• This decision was made in response to the
requests of PMIs stakeholders.
28. Change #7: Agile Addition
• This content will include:
– The practices often used in an adaptive
environment in the front of each Knowledge Area
section.
– An appendix to The Standard for Project
Management on agile and other iterative
practices.
– Although, not part of the PMBOK Guide, a
separate practice guide for agile will be released
with the PMBOK® Guide 6th edition release.
29. Change #8: the role of the project
manager and PMI Talent Triangle
• The PMBOK® Guide –Sixth Edition will contain a
new chapter on the role of the project manager
which discusses the PMI Talent Triangle™ and
the skill sets organizations demand that make
project managers more competitive and
relevant—technical project management,
leadership, and strategic and business
management.
30. Change #9: Addition of Emerging
Trends and Practices
• PMI has stretched the PMBOK® Guide to
include not only generally accepted good
practices, but, also emerging tools, trends,
techniques, and practices.
• This is also a wonderful addition for those
who are looking for industry specific or
modern but somewhat untried
approaches to project management.
31. Change #10: Four new sections
in each knowledge area
• Key Concepts
• Trends and Emerging Practices
• Tailoring Considerations
• Considerations for Agile/Adaptive
Environments
32. Change #11: Emphasis on strategic
and business knowledge
Greater emphasis on strategic and business
knowledge, with a discussion of project
management business documents.
33. Change #12: Add New Risk
Response
• The new strategy “Escalate Response”
provides for PMs escalating risk to
appropriate so that the risk is no longer
his/her responsibility.
34. Change #12: Add New Risk
Response
• Once the risk escalated the PM has two
options:
– Removing the risk form the project risk
register.
– Keeping the risk in the register but classified
it as “escalated” or “”assigned to”.
35. Change #13: Difference between
Communication and Communications
• Communication: Communication
between tow or more people.
• Communications:artifacts such as
published emails.
36. Change #14: Changes in Project Management Plan
Components and Project Documents
• In PMBOK 5, project management plan
components (procurement management plan,
stakeholder management plan … etc.) were
depicted as inputs/outputs to a process.
• In PMBOK 6th Edition, project management plan
itself will be depicted as input/output.
37. Change #14: Changes in Project Management Plan
Components and Project Documents
• Beneath the input/output table, a list of potential
project management plan components is
identified.
• However, the components of the project
management plan that will be inputs or updated
depends on the needs of the project.
38. Change #14: Changes in Project Management Plan
Components and Project Documents
• Project documents are listed as an input and
project documents updates is listed as an output,
as appropriate.
• Beneath the input/output table, there is a list of
potential project documents that may be inputs,
or may be updated as an output.
• The needs of the project will determine the
actual project documents that should be inputs
or updated as an output.
39. How do these changes affect
the PMP Exam?
There are several things to consider to
determine how big the impact would be of
these changes on the exam.
40. How do these changes affect
the PMP Exam?
• The number of processes has gone up
from 47 to 49.
• While that in itself does not predict a
difficult exam, any good PMP certification
training must target to train for more
"functions" within project management
and their details.
41. How do these changes affect
the PMP Exam?
There are three new processes; Thus, there will be
at least 5-10% of new content to acknowledge in
your PMP exam preparation.
42. How do these changes affect
the PMP Exam?
• Most importantly, there is Agile and
Scrum related content strewn all over the
PMBOK® Guide and a brand new
appendix to expand its coverage.
• Your PMP Certification depends on
learning the terminology, processes, and
application of Agile.
43. How do these changes affect
the PMP Exam?
• There is a good chance that PMI will
borrow content from the PMI-ACP exam
and incorporate it into the PMP
certification test.
• There are several miscellaneous changes
that are mentioned above that will affect
the exam in small and possibly big ways.
44. How do these changes affect
the PMP Exam?
• Further, when combined with the
changes PMI made to the PMP exam itself
in January 2016 based on the new PMP
Exam Outline (Role Delineation Study),
the exam requires extensive and laser-
sharp preparation.
45. Should I rush to take the PMP
Exam now?
• I Strongly recommends you get PMP
Certified before the official launch of the
exam.
46. When is PMI launching the new
PMP Exam?
• The PMP Exam is expected to be updated
to the new PMBOK® Guide material
sometime between the 1st of January
2018 and the end of the 1st Quarter of
2018.
• Note, this timeline also applies to the
CAPM exam!