So PMBOK6 has been released on 6 Sept 2017. It was long awaited and finally here…
So whats new in PMBOK6?
Many things. Let’s see them one by one:
1. Projects and business value creation
There is lot more stress on the projects, why projects are initiated, the change projects bring in an organization and how to measure the success and business benefits. It was long due to being included as the project manager needs to go beyond and understand the whole dimension of how and where the project fits in the organization. Great addition in PMBOK6.
2. Updates to knowledge area and processes
Time management knowledge area is changed to schedule management.
Human resource management is now Resource Management.
There are few required processes which are added in PMBOK6 eg – Implement risk response (executing), very practical and needed in the process chart – so have been added. Few processes were let go, eg Close procurement is no more part of procurement management knowledge area as PMs generally does not close the procurement and this process is typically handled by the procurement team. Here is the new updated process chart. The changes in the process are highlighted in bold or different colors:
Monitoring and Controlling
|Integration||4.1 Develop Project Charter||4.2 Develop Project Management Plan||4.3 Direct & Manage Project Work||4.5 Monitor & Control Project Work||4.7 Close Project or Phase|
|4.4 Manage Project Knowledge||4.6 Perform Integrated Change Control|
|Scope||5.1 Plan Scope Management||5.5 Validate Scope|
|5.2 Collect Requirements||5.6 Control Scope|
|5.3 Define Scope|
|5.4 Create WBS|
|Schedule||6.1 Plan Schedule Management||6.7 Control Schedule|
|6.2 Define Activities|
|6.3 Sequence Activities|
|6.4 Estimate Activity durations|
|6.5 Develop Schedule|
|Cost||7.1 Plan Cost Management||7.4 Control Costs|
|7.2 Estimate Costs|
|7.3 Determine Budget|
|Quality||8.1 Plan Quality Management||8.2 Manage Quality||8.3 Control Quality|
|Resources||9.1 Plan Resource Management||9.3 Acquire Resources||9.6 Control Resources|
9.2 Estimate Activity Resources
|9.4 Develop Team|
|9.5 Manage Team|
|Communications||10.1 Plan Communications Management||10.2 Manage Communications||10.3 Monitor Communications|
|Risk||11.1 Plan Risk Management||11.6 Implement Risk Responses||11.7 Monitor Risks|
|11.2 Identify Risks|
|11.3 Perform Qualitative Risk Analysis|
|11.4 Perform Quantitative Risk Analysis|
|11.5 Plan Risk Responses|
|Procurement||12.1 Plan Procurement Management||12.2 Conduct Procurements||12.3 Control Procurements|
|Stakeholder||13.1 Identify Stakeholders||13.2 Plan Stakeholder Management||13.3 Manage Stakeholder Engagement||13.4 Monitor Stakeholder Engagement|
New Additions in the processes:
|4.4 Manage Project Knowledge|
|9.6 Control Resources|
|11.6 Implement Risk Responses|
3. Agile methodology
Agile as the methodology is added as part of all the knowledge areas and process tools. A new agile standard is also being shipped with PMBOK6. You can download it from here:
4. New Thought Process – Trends and emerging practices
There is always a demand from aspiring Project Managers to know about the latest trend in PM sphere, A new section is added in each knowledge area to discuss the Trends and Emerging Practices. A very welcome change in the way each knowledge area is presented.
Most of us saw 3 items in PMBOK5 and earlier PMI standard – Plan updates, document updates and OPA updates. This is now changed to much more structured manner. Each artifact in PM domain is categorized as Project document or project plan, Instead of listing the artifacts independently, they are listed under Project Plan or Project Documents. You need to see the new PMBOK6 to understand and appreciate this new change.
The big question – When is PMP exam changing to PMBOK6
Sometimes in Quarter 1 of 2018. What does it mean for me? This means that you still have lot of time to complete your PMP certification if you have attended a training or want to be a PMP in next few weeks – Just go ahead and complete the PMP certification in next 3-4 months.
Should I wait for the new exam format (PMBOK6) for my PMP certification?
My advise – Dont. Complete your PMP certfication within these next few months.
Why? Things are changing. If you want to Pass – just go ahead and schedule your exam because the course material is matured for PMBOK5. For PMBOK6 material – it may take time to evolve also new standard will have new questions and hence uncertainties.
Your PMP credentials would be valid for next 3 years irrespective of PMBOK changing.
Read PMBOK6 for knowledge and emerging trends – that’s required. Complete PMP certification NOW. Both the things are mutually exclusive
Both the things are mutually exclusive
If you have any question/doubt – I will be happy to assist at email@example.com.
All the best – Be a PMP in 2017