PMI PMBOK 5th has been released earlier this month.
PMI’s stands for Project Management Institute and PMBOK stands for “a guide to the Project Management Body of Knowledge”.
The PMBOK describes project management processes that are generally accepted as good practice.
The objective of this blog post is not to present an in-depth discussion of all the changes and enhancement of the 5th edition but to look at the overall changes and emphasize the importance of planning in project management.
The major changes in the 5th edition are :
- The number of project management processes have been increased from forty two to forty seven
- A new project management knowledge area has been added (Project Stakeholder Management)
- Some process names have been changed
The five added processes are:
- Plan Scope Management
- Plan Schedule Management
- Plan Cost Management
- Plan Stakeholder Management
- Control Stakeholder Engagement
The Importance of Planning
The forty seven processes are divided over the following process groups
The amount of processes per process group is as shown in the following graph
As you can see, the planning process group has the most processes. This reflects the importance of planning in project management.
Four of the five processes that have been added in the 5th edition are in the planning group. This also re-emphasizes that planning remains important in project management.
The PMBOK 4th edition had twenty processes in the planning group as shown in the graph below:
I have translated the importance of project planning into what i call the “carpenter’s rule” for project management:
PLAN TWICE, EXECUTE ONCE
My father was a carpenter, he taught me to “measure twice and cut once”
Application of the PMBOK 5th ed.
From now on I will be using the new processes and process names on my blog and eBooks.
project management processes case study (PDF Download)