Changes in the PMBOK 5th Edition
– An important note for PMP Credential holders and
What is New in the PMBOK 5th Edition?
The fifth edition of A Guide to the Project Management Body of Knowledge: (PMBOK® Guide) was published in December of 2012. It is the latest edition of the global project management standard published by the Project Management Institute (PMI)®. The release of this new edition has consequences for anyone who is preparing for the Project Management Professional (PMP) ® exam.
In the 4th Edition of the PMBOK Guide there were 5 process groups and 42 processes. And in the 5th Edition, the number of process groups is same but the processes have been increased to 47.
The major change in this new edition of the PMBOK Guide is an addition of a new Knowledge Area –“Project Stakeholder Management”. In the fourth edition of the PMBOK Guide, this was a part of the Communication Management knowledge area. This new knowledge area has four processes in it.
This change shows that PMI gives importance to stakeholder management and it is very imperative for you to manage them if you want to complete your project successfully.
Five additional processes are as follows
Four planning processes are added to different knowledge areas (plan scope management, plan schedule management, plan cost management, and plan stakeholder management). These four planning processes bring a consistency to the Project Management knowledge areas. Now, the knowledge areas (that make the Project Management plan) start with a concerned subsidiary plan.
Two communication processes are merged into one process (Distribute Information and Report Performance to Manage Communications).
Two new controlling processes are added (Control Communications and Control Stakeholder Management).
Two processes are relocated to the Stakeholder Management knowledge area.
Some additional changes are as follows:
Verify Scope is changed to Validate Scope.
Administer Procurement is changed to Control Procurement.
Direct and Manage Project Execution is changed to Direct and Manage Project Work
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