innovation strategy, new product 4th 5th Edition development, and Comparison project management
Eric van der Meulen, President
PMBOK Guide Comparison 4th 5th www.qvive.biz Edition | 248.906.1526 | eric@qvive.biz consulting | interim management | training Slide 1 2013 Q'vive, LLC All rights reserved PMBOK 4th Edition PMBOK 5th Edition 345 pages + Appendices 461 pages + Annex + Appendices 9 Knowledge Areas 10 Knowledge Areas 42 Processes with 517 ITTOs 47 Processes with 618 ITTOs
New Stakeholder Management Knowledge Area
In Initiating Process Group each Knowledge Area starts with creating a subsidiary management plan, incl. Scope, Time, Cost Data and information flow redefined to align with DIKW model: Data Information Knowledge Wisdom Work Performance Information was renamed Work Performance Data Work Performance Measurements was renamed Work Performance Information Work Performance Reports are output of Integration instead of Communications The concepts of Business Value and Governance are introduced Supportive, Controlling, and Directive PMOs are discussed Iterative/incremental, and adaptive/agile life cycles are explained PMBOK Guide Comparison 4th 5th Edition Slide 2 2013 Q'vive, LLC All rights reserved Added and Removed Processes Process Knowledge Area Process Group Plan Scope Management Scope Planning Plan Schedule Time Planning Management Plan Cost Management Cost Planning Manage Communications Communications Executing Control Communications Communications Mon. & Contr. Report Performance Communications Mon. & Contr. Plan Stakeholder Stakeholders Planning Management Control Stakeholder Stakeholders Mon. & Contr. Engagement
PMBOK Guide Comparison
4th 5th Edition Slide 3 2013 Q'vive, LLC All rights reserved Renamed Processes 4th Edition Process Name 5th Edition Process Name Process Group Direct and Manage Direct and Manage Executing Project Execution Project Work Verify Scope Validate Scope Mon. & Contr. Plan Quality Plan Quality Management Planning Perform Quality Control Control Quality Mon. & Contr. Develop Human Resource Plan Human Resource Planning Plan Management Monitor and Control Risks Control Risks Mon. & Contr. Plan Procurements Plan Procurement Planning Management Administer Procurements Control Procurements Mon. & Contr. Manage Stakeholder Manage Stakeholder Executing Expectations Engagement
PMBOK Guide Comparison
4th 5th Edition Slide 4 2013 Q'vive, LLC All rights reserved Changes in Knowledge Areas Knowledge Area 4th Ed. 5th Ed. Remarks Integration 6 6 Scope 5 6 New: Plan Scope Management Time 6 7 New: Plan Schedule Management Cost 3 4 New: Plan Cost Management Quality 3 3 Human Resources 4 4 Communications 5 3 New: Control Communications Removed: Report Performance Moved: Identify Stakeholders, Manage Stakeholder Engagement Risks 6 6 Procurements 4 4 Stakeholders - 4 New: Plan Stakeholder Management, Control Stakeholder Engagement Total processes 42 47
PMBOK Guide Comparison
4th 5th Edition Slide 5 2013 Q'vive, LLC All rights reserved Integration Management Changes Contracts as input to Develop Project Charter are now called Agreements Work Performance Data is output of Direct and Manage Project Work Work Performance Reports are the output of Monitor and Control Project Work Outputs of Perform Integrated Change Control are Approved change requests and Change log No longer called Change request status updates Change log now has clear origination point
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4th 5th Edition Slide 6 2013 Q'vive, LLC All rights reserved Scope Management Changes New Plan Scope Management process produces Scope Management Plan Requirement Management Plan WBS and WBS dictionary no longer mentioned as outputs of Create WBS Verify Scope was renamed to Validate Scope Emphasis is on validating that Deliverables fulfill project objectives and deliver business value
PMBOK Guide Comparison
4th 5th Edition Slide 7 2013 Q'vive, LLC All rights reserved Time Management Changes New Plan Schedule Management process produces Schedule Management Plan Three-point estimates in Estimate Activity Durations can be made based on assumed distribution of values within range of estimates Triangular distribution: tE = (tO + tM + tP) / 3 Beta distribution (from PERT): tE = (tO + 4tM + tP) / 6
PMBOK Guide Comparison
4th 5th Edition Slide 8 2013 Q'vive, LLC All rights reserved Cost Management Changes New Plan Cost Management process produces Cost Management Plan Three-point estimates in Estimate Costs can be made based on assumed distribution of values within range of estimates Triangular distribution: cE = (cO + cM + cP) / 3 Beta distribution (from PERT): cE = (cO + 4cM + cP) / 6 A table with Earned Value calculations was added to Earned Value Management in Control Costs
PMBOK Guide Comparison
4th 5th Edition Slide 9 2013 Q'vive, LLC All rights reserved Quality Management Changes Requirements documentation added as input to Plan Quality Management process Connects product requirements to project quality planning effort Two groups of quality tools Seven basic quality tools for all quality processes Quality management and control tools in Perform Quality Assurance includes a list of seven quality tools that can be used in addition to tools from Plan Quality Management and Control Quality
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4th 5th Edition Slide 10 2013 Q'vive, LLC All rights reserved Human Resource Mgmt Changes No significant changes In the Manage Project Team process, the Issue log moved from tools and techniques to inputs Issue log originates in Manage Stakeholder Engagement process
PMBOK Guide Comparison
4th 5th Edition Slide 11 2013 Q'vive, LLC All rights reserved Communications Mgmt Changes Processes with stakeholder focus were moved to new Stakeholder Management knowledge area Identify Stakeholders Manage Stakeholder Engagement (previously: Expectations) Manage Communications (previously: Distribute Information) goes beyond information distribution Focuses on appropriate generation, receipt, and understanding of project information Control Communications monitor and controls project communications throughout life cycle Ensures that stakeholders information needs are met Ensures optimal information flow among communication participants
PMBOK Guide Comparison
4th 5th Edition Slide 12 2013 Q'vive, LLC All rights reserved Risk Management Changes No significant changes Positive risks are now referred to as opportunities Risk attitudes are influenced by factors: Risk appetite Risk tolerance Risk thresholds Risk register updates as output of risk planning processes were replaced with Project documents updates Risk register originates in Identify Risks process, and is updated as information is added throughout risk planning processes
PMBOK Guide Comparison
4th 5th Edition Slide 13 2013 Q'vive, LLC All rights reserved Procurement Management Changes Contracts are referred to as Agreements ITTO changes in Plan Procurement Management Teaming agreements was removed as input, and is resurfacing as Prior agreements, under Organizational Process Assets, as input to Conduct Procurements Risk related contract decisions was removed as input, and moved under Project documents, as input to Conduct Procurements Contract types moved from tools and techniques to inputs under Organizational Process Assets ITTO changes in Conduct Procurements The input Qualified seller list was moved under Organizational Process Assets
PMBOK Guide Comparison
4th 5th Edition Slide 14 2013 Q'vive, LLC All rights reserved Stakeholder Management Changes New Stakeholder Management knowledge area focuses on importance of appropriately engaging stakeholders in key decisions and project activities In addition to new processes in Planning and Monitoring & Controlling, Stakeholder Management has two previous Communications Management processes Identify Stakeholders Manage Stakeholder Engagement (previously: Expectations) The Issue log originates as output from Manage Stakeholder Engagement
PMBOK Guide Comparison
4th 5th Edition Slide 15 2013 Q'vive, LLC All rights reserved Monitoring & Controlling Changes All processes (except Integration Management processes) have Work performance data as input, and Work performance information as output
New Tools & Techniques
Meetings in 17 processes throughout Analytical techniques in 7 processes (4 in Planning) Facilitation techniques in 2 Integration processes (Initiating, Planning ) 56% more Expert judgment (from 18 to 28 processes) PMBOK Guide Comparison 4th 5th Edition Slide 16 2013 Q'vive, LLC All rights reserved Qvive Exam Prep Resources Website http://www.qvive.biz/pages/pmp.aspx PMProcess Flow 18x24 poster http://www.qvive.biz/pages/poster5.aspx This ONE PAGE PMBOK emphasizes the interconnectedness of all processes. It shows the big picture and at the same time allows you to focus in on individual inputs and outputs and trace these throughout the project lifecycle. Processes organized by process group, with color coded knowledge areas All 47 processes complete with 256 inputs, 208 tools and techniques, and 154 outputs Data flow between all processes, process The ultimate PMP road groups, knowledge areas, and external to map and study guide. the project
PMBOK Guide Comparison
4th 5th Edition Slide 17 2013 Q'vive, LLC All rights reserved Qvive Exam Prep Resources Companion Documents http://www.qvive.biz/pages/down.aspx PMPlan'n' Docs List with all project management plan documents and project documents. Organized by Process Group and Knowledge Area, and color coded just like the PMProcess Flow poster. PMPrimary Formulas Reference and memorization sheet with all equations and formulas, including estimating and earned value. PMTerms Defined Glossary with definitions that are commonly used in the project charter. PMRoles Defined Glossary with the people in and around the project and their roles & responsibilities. PMPrepn Plan Description of the planning processes and invisible processes that create the subsidiary plans and baselines. PMBOK Guide Comparison 4th 5th Edition Slide 18 2013 Q'vive, LLC All rights reserved