Project Management Body of Knowledge Changes to PMBOK® from Version 4 to Version 5 mate bullets from or a new slide PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-1 Introduction • PMBOK® Guide 5th Edition published • See Appendix X1 in PMBOK® Guide 5th Edition for details • http://www.pmi.org/~/media/PDF/Standards/Appendix_X1_ED_F inal_Draft_baseline-3_EDver_021412_clean.ashx • Download the PMBOK® Guide 5th Edition from the PMI website (for PMI members only) PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-2 Why the changes? • New developments • Role Delineation Study (RDS) • Keep the certification and exam up to date PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-3 New Knowledge Area • Stakeholder Management • Chapter 13 Of PMBOK® Guide 5th Edition • Emphasizes Stakeholder Management as a Note for Kamran distinct function an animation sho split of stakehold management fro communication management? PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-4 10 Knowledge Areas in PMBOK 5 Knowledge Area 1. Integration Management 2. Scope Management 3. Cost Management 4. Time Management 5. Quality Management 6. Risk Management 7. Human Resource Management 8. Communications Management 9. Procurement Management 10. Stakeholder Management PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-5 Note an an highli area a in the Rules for Handling Inputs, Tools and Techniques, and Outputs (ITTOs) • Business rules have been established • • • • Fundamental Rules Project Document Rules Project Management Plan Rules Sequencing Rules • ITTO terminology redefined PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-6 Redefinition of Project Management Work Execution Data • Redefined for clarity • Work Performance Data, • Work Performance Information, and • Work Performance Reports PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-7 5 New Processes Five planning processes have been added: 4 Planning processes: 1. 2. 3. 4. Plan Scope Management Plan Schedule Management Plan Cost Management Plan Stakeholder Management Note for Kamran an animation her shows process n 1 Monitoring and Controlling process: going from 42 to 1. Control Stakeholder Engagement PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-8 Processes Renamed • Many processes have been renamed • “Plan {XXX} Management” processes • “Control {XXX}” processes Note for Kamran “New processes “process rename mentioned in the PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-9 Glossary Updates • Clarify meanings • Eliminate unneeded terms • Ensure alignment with PMI lexicon PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-10 Data Flow Diagrams • Data Flow Diagrams updated PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-11 Exam Cutover Date Exam Date PMBOK Guide to use Before July 31, 2012 PMBOK® Guide 4th Edition On or after July 31, 2012 PMBOK® Guide 5th Edition PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-12 Advice • Decide on exam date • Study from correct PMBOK® Guide • Understand the changes PMP, CAPM, PgMP, PMI-SP , PMI-RMP, OPM3 and PMBOK are registered marks of Project Management Institute, Inc Inov8Solutions Inc – Quality Educational Services For Professionals www.Inov8Solutions.com 1-13