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Overview of
A Guide to the Project Management Body of Knowledge
           (PMBOK® Guide)—Fourth Edition
Topics for Discussion



PMI Foundational Standards
Harmonization of PMI’s Foundational Standards
Top 10 changes from the Third Edition to the
Fourth Edition of the PMBOK® Guide
Chapter by Chapter Overview
Impact on Credentialing
PMI published translations




                                                      2
PMI Foundational Standards




Good Practices in
use today in
                          Organizational
Projects, Programs,
                          Best Practices
or Portfolios

                                           3
Harmonization of PMI Standards


Simultaneous roll-out of the following:
   A Guide to the Project Management Body of Knowledge
   (PMBOK® Guide)—Fourth Edition
   The Standard for Program Management—Second
   Edition
   The Standard for Portfolio Management—Second
   Edition
   OPM3®—Second Edition




                                                              4
PMBOK® Guide—Fourth Edition




           PMBOK® Guide—Fourth Edition
           represents generally recognized
           good practice in the profession of
           project management.




                                                5
PMBOK® Guide—Fourth Edition: Top Ten



1. All process names are in a verb-noun format

         PMBOK® Guide—                 PMBOK® Guide—
          Third Edition                 Fourth Edition
     Activity Definition            Define Activities
     Activity Sequencing            Sequence Activities
     Activity Resource Estimating   Estimate Activity Resources
     Activity Duration Estimating   Estimate Activity Durations
     Schedule Development           Develop Schedule
     Schedule Control               Control Schedule




                                                                  6
PMBOK® Guide—Fourth Edition: Top Ten


2. A standard approach to discussing Enterprise
   Environmental Factors and Organizational Process
   Assets was employed.
Example of the new format:
The following Enterprise Environmental Factors can influence the
    [xyz] process:
    brief description of how it influences the process
    brief description of how it influences the process
    brief description of how it influences the process
This is not a complete list, but these factors should be considered
    on most projects.




                                                                      7
PMBOK® Guide—Fourth Edition: Top Ten



3. Change requests clarified
Change requests now include:
      Change requests
      Corrective action
      Preventive action
      Defect repair




                                                                 8
PMBOK® Guide—Fourth Edition: Top Ten



4. The processes decreased from 44 to 42.
Process Deletions
    Develop Preliminary Scope Statement
    Plan Scope

Process Additions:
    Identify Stakeholders
    Collect Requirements

Combined Processes
-  Plan Purchases and Acquisitions and Plan Contract to Plan
   Procurements
-  Request Seller Responses and Select Sellers to Conduct
   Procurements


                                                                   9
PMBOK® Guide—Fourth Edition: Top Ten


5. Project Management Plan vs. Project Documents
  Project management plan       Project documents
     Requirements management       Assumption log
     plan
                                   Change log
     Communications
     management plan               Risk register
     Risk management plan          Duration estimates
     Procurement management        Resource requirements
     plan                          Source selection criteria
     Scope management plan         ETC.
     Schedule management plan
     ETC.




                                                               10
PMBOK® Guide—Fourth Edition: Top Ten


6. Project Charter vs. Project Scope Statement

  Scope Statement                Project Charter
     Product scope description      Project purpose or justification
     Project deliverables           Measurable project objectives and
     User acceptance criteria       related success criteria
     Project boundaries             High-level requirements
     Project constraints            High-level project description
     Project assumptions            Summary milestone schedule
                                    Summary budget
                                    Project approval requirements
                                    Project Manager, responsibility and
                                    authority level
                                    Authorizing person




                                                                          11
PMBOK® Guide—Fourth Edition: Top Ten


7.   Deletion of Process Flow Diagrams
8.   Addition of Data Flow Diagrams




                                                               12
PMBOK® Guide—Fourth Edition: Top Ten



9. Triple constraint expanded to include quality,
   resources and risk
Common project constraints:
   Scope
   Quality
   Schedule
   Budget
   Resources
   Risk

                                                           13
PMBOK® Guide—Fourth Edition: Top Ten



10.   New appendix on interpersonal skills.

Identified skills:
            Leadership
            Team building
            Motivation
            Communication
            Influencing
            Decision making
            Political and cultural awareness
            Negotiation




                                                                    14
Chapter 1: Introduction



Managing a project typically includes…..
  Balancing the competing project constraints
  including, but not limited to:
      Scope
      Quality
      Schedule
      Budget
      Resources
      Risk
The specific project will influence the constraints
  on which the project manager needs to focus.



                                                                  15
Chapter 2: Project Lifecycles and Organization



Aligned with other standards
A bit more on project life cycles
More detail on types of stakeholders
New graphics




                                                          16
Chapter 3: Project Management Processes for a Project



New graphic that shows project
management process interactions
New process group graphics with more
emphasis on the integrating processes
Process descriptions and Input/Output
tables only




                                                          17
Chapter 4: Project Integration Management



Deleted Develop Preliminary Scope
Statement
Clarified Develop Project Management
Plan




                                                     18
Chapter 5: Project Scope Management



Deleted Plan Scope
Added Collect Requirements
Outputs include:
  Requirements management plan
  Requirements documentation
  Requirements traceability matrix




                                                      19
Chapter 6: Project Time Management



Deleted Activity on Arrow (AOA)
Three point estimating includes PERT
equation




                                                    20
Chapter 7: Project Cost Management



Three point estimating includes PERT
equation
Added to-complete performance index
(TCPI) to Control Cost
Greater alignment with 5.5, 6.6 and 7.3




                                                      21
Chapter 8: Project Quality Management



Added more graphics
More discussion on cost of quality
Deleted quality baseline




                                                       22
Chapter 9: Project Human Resources Management



Added information on interpersonal skills
  Stages of team building
  Conflict management
  Leadership
  Influencing
  Decision making
Moved Manage Project Team from
monitoring and controlling to executing




                                                 23
Chapter 10: Project Communication Management



Added Identify Stakeholders
Outputs include:
  Stakeholder register
  Stakeholder management strategy
Changed process to Manage Stakeholder
Expectations
  Moved from monitoring and controlling to
  executing.




                                                24
Chapter 11: Project Risk Management



Minor editorial changes.




                                                      25
Chapter 12: Project Procurement Management



Went from 6 processes to 4 processes
Renamed processes to center around
procurements
Discussed teaming agreements




                                                      26
PMBOK® Guide—Fourth Edition: Impact on Credentials



PMBOK® Guide serves as a professional
reference for all of PMI credentials
The PMBOK® Guide—Fourth Edition will
replace PMBOK® Guide—Third Edition as a
reference during item writing sessions.
It is estimated only a small percentage of
examination items/questions require
updates.




                                                         27
PMBOK® Guide—Fourth Edition: Impact on Credentials



Credential                  Examination Updated



PMP®                        30 June 2009

CAPM®                       31 July 2009

PMI-SPSM                    31 August 2009

PMI-RMPSM                   31 August 2009

PgMP®                       31 August 2009



                                                            28
PMBOK® Guide—Fourth Edition: Impact on Credentials



   Exam         Planned Date to sit         Study
                 for Examination       recommendation*
PMP®           Prior to 30 June 2009   PMBOK® Guide—
                                       Third Edition
PMP®           After 30 June 2009      PMBOK® Guide—
                                       Fourth Edition
CAPM®          Prior to 31 July 2009   PMBOK® Guide—
                                       Third Edition
CAPM®          After 31 July 2009      PMBOK® Guide—
                                       Fourth Edition




                                                             29
PMBOK® Guide—Fourth Edition: PMI Published Translations



 Arabic                    Japanese
 Chinese (Simplified)      Portuguese (Brazilian)
 German                    Russian
 French                    Spanish
 Italian                   Korean



All translations are scheduled to be published Q2 2009




                                                          30
Thank you.




Making project management indispensable for business results.®




       For more information please visit PMI’s website at the following hyperlink:

                            www.PMI.org/StandardsUpdate




                                                                                     31

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Overview pmbok guide4thedition

  • 1. Overview of A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fourth Edition
  • 2. Topics for Discussion PMI Foundational Standards Harmonization of PMI’s Foundational Standards Top 10 changes from the Third Edition to the Fourth Edition of the PMBOK® Guide Chapter by Chapter Overview Impact on Credentialing PMI published translations 2
  • 3. PMI Foundational Standards Good Practices in use today in Organizational Projects, Programs, Best Practices or Portfolios 3
  • 4. Harmonization of PMI Standards Simultaneous roll-out of the following: A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fourth Edition The Standard for Program Management—Second Edition The Standard for Portfolio Management—Second Edition OPM3®—Second Edition 4
  • 5. PMBOK® Guide—Fourth Edition PMBOK® Guide—Fourth Edition represents generally recognized good practice in the profession of project management. 5
  • 6. PMBOK® Guide—Fourth Edition: Top Ten 1. All process names are in a verb-noun format PMBOK® Guide— PMBOK® Guide— Third Edition Fourth Edition Activity Definition Define Activities Activity Sequencing Sequence Activities Activity Resource Estimating Estimate Activity Resources Activity Duration Estimating Estimate Activity Durations Schedule Development Develop Schedule Schedule Control Control Schedule 6
  • 7. PMBOK® Guide—Fourth Edition: Top Ten 2. A standard approach to discussing Enterprise Environmental Factors and Organizational Process Assets was employed. Example of the new format: The following Enterprise Environmental Factors can influence the [xyz] process: brief description of how it influences the process brief description of how it influences the process brief description of how it influences the process This is not a complete list, but these factors should be considered on most projects. 7
  • 8. PMBOK® Guide—Fourth Edition: Top Ten 3. Change requests clarified Change requests now include: Change requests Corrective action Preventive action Defect repair 8
  • 9. PMBOK® Guide—Fourth Edition: Top Ten 4. The processes decreased from 44 to 42. Process Deletions Develop Preliminary Scope Statement Plan Scope Process Additions: Identify Stakeholders Collect Requirements Combined Processes - Plan Purchases and Acquisitions and Plan Contract to Plan Procurements - Request Seller Responses and Select Sellers to Conduct Procurements 9
  • 10. PMBOK® Guide—Fourth Edition: Top Ten 5. Project Management Plan vs. Project Documents Project management plan Project documents Requirements management Assumption log plan Change log Communications management plan Risk register Risk management plan Duration estimates Procurement management Resource requirements plan Source selection criteria Scope management plan ETC. Schedule management plan ETC. 10
  • 11. PMBOK® Guide—Fourth Edition: Top Ten 6. Project Charter vs. Project Scope Statement Scope Statement Project Charter Product scope description Project purpose or justification Project deliverables Measurable project objectives and User acceptance criteria related success criteria Project boundaries High-level requirements Project constraints High-level project description Project assumptions Summary milestone schedule Summary budget Project approval requirements Project Manager, responsibility and authority level Authorizing person 11
  • 12. PMBOK® Guide—Fourth Edition: Top Ten 7. Deletion of Process Flow Diagrams 8. Addition of Data Flow Diagrams 12
  • 13. PMBOK® Guide—Fourth Edition: Top Ten 9. Triple constraint expanded to include quality, resources and risk Common project constraints: Scope Quality Schedule Budget Resources Risk 13
  • 14. PMBOK® Guide—Fourth Edition: Top Ten 10. New appendix on interpersonal skills. Identified skills: Leadership Team building Motivation Communication Influencing Decision making Political and cultural awareness Negotiation 14
  • 15. Chapter 1: Introduction Managing a project typically includes….. Balancing the competing project constraints including, but not limited to: Scope Quality Schedule Budget Resources Risk The specific project will influence the constraints on which the project manager needs to focus. 15
  • 16. Chapter 2: Project Lifecycles and Organization Aligned with other standards A bit more on project life cycles More detail on types of stakeholders New graphics 16
  • 17. Chapter 3: Project Management Processes for a Project New graphic that shows project management process interactions New process group graphics with more emphasis on the integrating processes Process descriptions and Input/Output tables only 17
  • 18. Chapter 4: Project Integration Management Deleted Develop Preliminary Scope Statement Clarified Develop Project Management Plan 18
  • 19. Chapter 5: Project Scope Management Deleted Plan Scope Added Collect Requirements Outputs include: Requirements management plan Requirements documentation Requirements traceability matrix 19
  • 20. Chapter 6: Project Time Management Deleted Activity on Arrow (AOA) Three point estimating includes PERT equation 20
  • 21. Chapter 7: Project Cost Management Three point estimating includes PERT equation Added to-complete performance index (TCPI) to Control Cost Greater alignment with 5.5, 6.6 and 7.3 21
  • 22. Chapter 8: Project Quality Management Added more graphics More discussion on cost of quality Deleted quality baseline 22
  • 23. Chapter 9: Project Human Resources Management Added information on interpersonal skills Stages of team building Conflict management Leadership Influencing Decision making Moved Manage Project Team from monitoring and controlling to executing 23
  • 24. Chapter 10: Project Communication Management Added Identify Stakeholders Outputs include: Stakeholder register Stakeholder management strategy Changed process to Manage Stakeholder Expectations Moved from monitoring and controlling to executing. 24
  • 25. Chapter 11: Project Risk Management Minor editorial changes. 25
  • 26. Chapter 12: Project Procurement Management Went from 6 processes to 4 processes Renamed processes to center around procurements Discussed teaming agreements 26
  • 27. PMBOK® Guide—Fourth Edition: Impact on Credentials PMBOK® Guide serves as a professional reference for all of PMI credentials The PMBOK® Guide—Fourth Edition will replace PMBOK® Guide—Third Edition as a reference during item writing sessions. It is estimated only a small percentage of examination items/questions require updates. 27
  • 28. PMBOK® Guide—Fourth Edition: Impact on Credentials Credential Examination Updated PMP® 30 June 2009 CAPM® 31 July 2009 PMI-SPSM 31 August 2009 PMI-RMPSM 31 August 2009 PgMP® 31 August 2009 28
  • 29. PMBOK® Guide—Fourth Edition: Impact on Credentials Exam Planned Date to sit Study for Examination recommendation* PMP® Prior to 30 June 2009 PMBOK® Guide— Third Edition PMP® After 30 June 2009 PMBOK® Guide— Fourth Edition CAPM® Prior to 31 July 2009 PMBOK® Guide— Third Edition CAPM® After 31 July 2009 PMBOK® Guide— Fourth Edition 29
  • 30. PMBOK® Guide—Fourth Edition: PMI Published Translations Arabic Japanese Chinese (Simplified) Portuguese (Brazilian) German Russian French Spanish Italian Korean All translations are scheduled to be published Q2 2009 30
  • 31. Thank you. Making project management indispensable for business results.® For more information please visit PMI’s website at the following hyperlink: www.PMI.org/StandardsUpdate 31