1 Project Management Body Of Knowledge (PMBOK) Guide 5th Edition February 21, 2013 2 PMBOK 4th Edition Released in 2008 5 Process Groups 9 Knowledge Areas 42 Processes PMBOK 5th Edition PMBOK 5th Edition Released in 2013 5 Process Groups 10 Knowledge Areas 47 Processes 3 PMBOK 5th Edition Integration Management Scope Management Time Management Cost Management Quality Management Human Resources Management Communications Management Risk Management Procurement Management Stakeholder Management PMBOK 5th Edition PMBOK 4th Edition Integration Management Scope Management Time Management Cost Management Quality Management Human Resources Management Communications Management Risk Management Procurement Management 4 PMBOK4 PMBOK5 Chapter 5 Project Scope Management Chapter 5 Project Scope Management 5.1 Plan Scope Management 5.1 Colect Requirements 5.2 Collect Requirements 5.2 Define Scope 5.3 Define Scope 5.3 Create WBS 5.4 Create WBS 5.4 Verify Scope 5.5 Validate Scope 5.5 Control Scope 5.6 Control Scope PMBOK 5th Edition 5 5.1 Plan Scope Management The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled. The key benefit of this process is that it provides guidance and direction on how scope will be managed throughout the project. PMBOK 5th Edition 6 5.1 Plan Scope Management PMBOK 5th Edition 7 5.1 Plan Scope Management PMBOK 5th Edition 8 PMBOK4 PMBOK5 Chapter 6 Project Time Management Chapter 6 Project Time Management 6.1 Plan Schedule Management 6.1 Define Activities 6.2 Define Activities 6.2 Sequence Activities 6.3 Sequence Activities 6.3 Estimate Activity Resources 6.4 Estimate Activity Resources 6.4 Estimate Activity Durations 6.5 Estimate Activity Durations 6.5 Develop Schedule 6.6 Develop Schedule 6.6 Control Schedule 6.7 Control Schedule PMBOK 5th Edition 9 6.1 Plan Schedule Management is the process of establishing the policies, procedures, and documentation for planning, developing, managing, executing and controlling the project schedule. The key benefit of this process is that it provides guidance and direction on how the project schedule will be managed throughout the project. PMBOK 5th Edition 10 6.1 Plan Schedule Management PMBOK 5th Edition 11 6.1 Plan Schedule Management PMBOK 5th Edition 12 PMBOK4 PMBOK5 Chapter 7 Project Cost Management Chapter 7 Project Cost Management 7.1 Plan Cost Management 7.1 Estimate Costs 7.2 Estimate Costs 7.2 Define Budget 7.3 Determine Budget 7.3 Control Costs 7.4 Control Costs PMBOK 5th Edition 13 7.1 Plan Cost Management Is the process that establishes the policies, procedures, and documentation for planning, managing, expending, and controlling project costs. The key benefit of this process is that it provides guidance and direction on how the project costs will be managed throughout the project. PMBOK 5th Edition 14 7.1 Plan Cost Management PMBOK 5th Edition 15 7.1 Plan Cost Management PMBOK 5th Edition 16 PMBOK4 PMBOK5 Chapter 10 Project Communications Management Chapter 10 Project Communications Management 10.1 Identify Stakeholders Moved to 13.1 10.2 Plan Communications 10.1 Plan Communications Management 10.3 Distribute Information 10.2 Manage Communications New process 10.3 Control Communications 10.4 Manage Stakeholder Expectations Moved to 13.3 10.5 Report Performance Became Tool and Technique of 10.2 PMBOK 5th Edition 17 10.1 Plan Communications Management The process of developing an appropriate approach and plan for project communications based on stakeholders information needs and requirements, and available organizational assets. The key benefit of this process is that it identifies and documents the approach to communicate most effectively and efficiently with stakeholders. PMBOK 5th Edition 18 10.1 Plan Communications Management PMBOK 5th Edition 19 10.1 Plan Communications Management PMBOK 5th Edition 20 10.2 Manage Communications Is the process of creating, collecting, distributing, storing, retrieving, and the ultimate disposition of project information in accordance to the communications management plan. The key benefit of this process is that it enables an efficient and effective communications flow between project stakeholders. PMBOK 5th Edition 21 10.2 Manage Communications PMBOK 5th Edition Inputs .1 was Stakeholder register .2 was Stakeholder management Strategy 22 10.2 Manage Communications PMBOK 5th Edition Tools and Techniques .1 was Communication requirements analysis .4 is new .5 was process 10.5 Report Performance 23 10.2 Manage Communications PMBOK 5th Edition Outputs: .3 and .4 are new 24 10.2 Manage Communications PMBOK 5th Edition 25 10.3 Control Communications Control Communications is the process of monitoring and controlling communications throughout the entire project life cycle to ensure the information needs of the project stakeholders are met. The key benefit of this process is that it ensures an optimal information flow among all communication participants at any moment in time. PMBOK 5th Edition 26 10.3 Control Communications PMBOK 5th Edition 27 10.3 Control Communications PMBOK 5th Edition 28 Chapter 13 Project Stakeholder Management 13.1 Identify Stakeholders 13.2 Plan Stakeholder Management 13.3 Management Stakeholder Engagement 13.4 Control Stakeholder Engagement PMBOK 5th Edition 29 13.1 Identify Stakeholders Identify Stakeholders is the process of identifying the people groups, or organizations that could impact or be impacted by a decision, activity, or outcome of the project, analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success. The key benefit of this process is that it allows the project manager to identify the appropriate focus for each stakeholder or group of stakeholders. PMBOK 5th Edition 30 13.1 Identify Stakeholders . PMBOK 5th Edition OUT: Stakeholder Management Strategy 31 13.1 Identify Stakeholders . PMBOK 5th Edition 32 13.2 Plan Stakeholder Management Is the process of developing appropriate management strategies to effectively engage stakeholders throughout the project life cycle, based on the analysis of their needs, interests, and potential impact on project success. The key benefit of the process that it provides a clear, actionable plan to interact with project stakeholders to support the projects interests. . PMBOK 5th Edition 33 13.2 Plan Stakeholder Management . PMBOK 5th Edition 34 13.2 Plan Stakeholder Management . PMBOK 5th Edition 35 13.3 Manage Stakeholder Engagement Manage Stakeholder Engagement is the process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur, and foster appropriate stakeholder engagement in project activities throughout the project life cycle. The key benefit of this process is that it allows the project manager to increase support and minimize resistance. . PMBOK 5th Edition 36 13.3 Manage Stakeholder Engagement . PMBOK 5th Edition 37 13.3 Manage Stakeholder Engagement . PMBOK 5th Edition 38 13.4 Control Stakeholder Engagement Control Stakeholder Engagement is the process of monitoring overall project stakeholder relationships and adjusting strategies and plans for engaging stakeholders. The key benefit of the process is that it will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its environment and its environment changes. . PMBOK 5th Edition 39 13.4 Control Stakeholder Engagement . PMBOK 5th Edition 40 13.4 Control Stakeholder Engagement . PMBOK 5th Edition 41 Changes to the Exams PMBOK 5th Edition Those taking the Certified Associate in Project Management (CAPM) Exam Before July 1, 2013 Use the PMBOK 4th Edition After July 1, 2013 Use the PMBOK 5th Edition Thos taking the Project Management Professional (PMP) Exam Before July 31, 2013 Use the PMBOK 4th Edition After July 31, 2013 Use the PMBOK 5th Edition 42 Questions!! PMBOK 5th Edition