Library of Congress Cataloging-in-Publication Data. A guide to the project management body of knowledge (PMBOK® guide). -- Fifth edition. PMBOK 5th Edition News. The Only Constant is Change! In , the Project Management Institute (PMI)® recently released the official dates for when the. Join this interactive minute webinar to find answers to your questions about the PMBOK 6th edition, PMP certification and a career in project.
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- Points to Remember - PMBOK 5th Edition - Part 1 - Introduction
A tenth Knowledge Area has been added; Project Stakeholder Management expands upon the importance of appropriately engaging project stakeholders in key decisions and activities. 5th edition pmbok brings consistency with other project management knowledge areas. Two communication processes have been merged into one process Distribute Information and Report Performance to Manage 5th edition pmbok.
In this edition, the PMI has changed the name of few processes as well: Verify Scope was changed to Validate Scope.
What is New in the PMBOK Guide 5th Edition?
Administer Procurement was changed to Control Procurement. Some other changes were made 5th edition pmbok consistency purposes; e. Yes, your certification will be valid.
In fact, your certificate will be valid even when the 6th edition comes out.
Degree of control is moderate. Takes control and directly manages project. Degree of control is high.
OPA — Organizational Process Assets are the plans, processes, policies and knowledge bases specific to and used by the performing organization. It also includes the organization's knowledge bases such as lesson learned and 5th edition pmbok information.
It also includes completed schedules, risk data, and earned value data.
OPA's is grouped in two categories: Process and Procedures Operations are ongoing endeavors while projects are temporary endeavors. Organizations use 5th edition pmbok to establish strategic direction and performance parameters.
It is important for project managers to be knowledgeable 5th edition pmbok organizational governance, policies, and procedures. Organizational strategy should provide guidance and direction to project management.
It is expressed through organization's mission and vision, including orientation to market, competition and other environmental factors.
Business values is defined as the entire value of business; total sum of tangible and intangible elements. Successful business realization begins with comprehensive strategic planning and 5th edition pmbok.
A project manager is the link between strategy and team.
Competencies for project manager: Knowledge — in terms of project management. 5th edition pmbok — In terms of accomplishing by applying project management skills Personal — Behavior while performing the project related activities. Organizational Influences and Project Life Cycle: Culture becomes critical factor in defining project success, and multi-cultural competence becomes critical for the project manager.
Project management success is high dependent on effective organizational communication.