PMBOK Guide - Seventh Edition Overview - Oregon.gov

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3/16/2021This copy of the slides from the 16 March 2021 presentation to Oregon PMUG are for referencepurposes only. The slides must not be distributed further or made available publicly. Questionsregarding the content or requests for presentation may be directed to Marvin Nelson, the PMIproduct specialist for the PMBOK Guide – Seventh Edition, at marvin.nelson@pmi.org.121

3/16/2021INTRODUCING THEPMBOK GUIDE –SEVENTH EDITIONAn overviewDr. Marvin Nelson, PMI Product Specialist, Standards 2021 Project Management Institute. All rights reserved.Disclaimer The information shared in the following slides related tothe PMBOK Guide – Seventh Edition is preliminaryand subject to change. This information is being shared for your awarenessabout the nature of the planned changes to thePMBOK Guide. The new edition’s content is stillevolving and will continue to change before its plannedrelease.4The standard and guide are still in draft and subject to change.2

3/16/2021PMBOK Guide and PMP Exam The new PMP exam, which launched 2 January 2021, will continue to use theSixth Edition as a reference The PMP exam content is based on the Exam Content Outline The PMBOK Guide – Sixth Edition is one of several listed references The release of the seventh edition does NOT drive an exam changeFor more information on PMI certification exams, go to www.pmi.org/certificationsWHAT LED TO THECHANGE63

3/16/2021THE CASEFORCHANGEObservations for PMI’s Strategic PlanThe environment Speed of change is high Fierce global market competition Organizations are required to adjust Organizations expect projects to deliver resultsImpact on project work: More emphasis on leadership and strategy How work gets done is changing Technological solutions change the work Functional roles and responsibilities nance/strategic-plan7The standard and guide are still in draft and subject to change.A SAMPLINGOFPMI RESEARCHTHAT INFORMED THECHANGEPulse of the Profession – The Future of WorkDrive Success in a World of Change– The Project EconomyWhat’s Next– Cultivate Next PracticesThe standard and guide are still in draft and subject to change.4

3/16/2021 Maintain and enhance credibility and relevance. Improve readability and usefulness; avoid overstuffing it. Provide vetted supplemental content supporting practical application.9The standard and guide are still in draft and subject to change.TRANSFORMATIONFROM THE SIXTHEDITION TO THESEVENTH EDITIONAvailable atwww.pmi.org/standards-projects 2021 Project Management Institute, Inc. All rights reserved.The standard and guide are still in draft and subject to change.5

3/16/2021Global Practitioner Participation Workshops in five regions 70 contributing experts 500 reviewers11The standard and guide are still in draft and subject to change.THE STANDARD DEVELOPMENT PROCESSInputsDraftReviseReviewTeam #1Revise &FinalizeDraftReviseReviewTeam e standard and guide are still in draft and subject to change.6

3/16/2021PMBOK Guide –Seventh EditionContents13PMBOK GUIDE – SEVENTH EDITIONCONTENTS2The Standard forProjectManagementA Guide to theProject ManagementBody of KnowledgeResources1Book14The standard and guide are still in draft and subject to change.7

3/16/2021CONTENTS OVERVIEW: THE STANDARDIntroductionThe Standard forProject ManagementValue DeliverySystemProjectManagementPrinciplesA Guide to theProject ManagementBody of KnowledgeProjectPerformanceDomains Purpose of thestandard Key terms andconcepts Audience for thestandardTailoringModels, Methodsand Artifacts15The standard and guide are still in draft and subject to change.CONTENTS OVERVIEW: THE STANDARDIntroductionThe Standard forProject ManagementValue DeliverySystemProjectManagementPrinciples Creating value Organizationalgovernance systems Functions in projectsA Guide to theProject ManagementBody of KnowledgeProjectPerformanceDomains Project environment Product managementconsiderationsTailoringModels, Methodsand Artifacts16The standard and guide are still in draft and subject to change.8

3/16/2021CONTENTS OVERVIEW: THE STANDARDIntroductionThe Standard forProject ManagementValue DeliverySystemProjectManagementPrinciples Aligned with PMICode of Ethicsand ProfessionalConductProjectPerformanceDomainsA Guide to theProject ManagementBody of Knowledge Principles guidebehavior andactions 12 principlesdescribedTailoringModels, Methodsand Artifacts17The standard and guide are still in draft and subject to change.Principles Label Are actionable Are culture neutralEffectively Engage with StakeholdersPrinciple Can be realized in different ways Provide clear guard rails Apply across the value deliverylandscapeEngage stakeholders proactively and to thedegree needed to contribute to projectsuccess and customer satisfaction.LabelFocus on ValuePrincipleContinually evaluate and adjust projectalignment to business objectives andintended benefits and value.The standard and guide are still in draft and subject to change.9

3/16/2021CONTENTS OVERVIEW: THE GUIDEIntroductionThe Standard forProject ManagementA Guide to theProject ManagementBody of KnowledgeValue DeliverySystem Grouping ofactivitiesProjectManagementPrinciples Interacting,interrelated andinterdependentProjectPerformanceDomains Focus onenablingoutcomesTailoringModels, Methodsand Artifacts19The standard and guide are still in draft and subject to change.Project Performance ceDomainsMeasurementDeliveryDevelopmentApproach & LifeCyclePlanningProject Work20The standard and guide are still in draft and subject to change.10

he standard and guide are still in draft and subject to change.CONTENTS OVERVIEW: THE GUIDEIntroductionThe Standard forProject ManagementValue DeliverySystemProjectManagementPrinciplesA Guide to theProject ManagementBody of KnowledgeProjectPerformanceDomains Framework andkey questions tohelp projectteams tailorprocesses Does not replaceorganizationalguidanceTailoringModels, Methodsand Artifacts22The standard and guide are still in draft and subject to change.11

3/16/2021Tailoring Framework Choose adevelopmentapproach bestsuited for theendeavor2) Tailor forOrganization Adjust based onsize, criticality andother factors Modify based onorganizationalneeds1) Select InitialDevelopmentApproach4) OngoingImprovement Inspect and adapt3) Tailor for Project23The standard and guide are still in draft and subject to change.CONTENTS OVERVIEW: THE GUIDEIntroductionThe Standard forProject ManagementValue DeliverySystemProjectManagementPrinciplesA Guide to theProject ManagementBody of KnowledgeProjectPerformanceDomains High-leveldescription Links toPMIstandards A means to an endTailoringModels, Methodsand Artifacts24The standard and guide are still in draft and subject to change.12

3/16/2021MODELS Situationalleadership Communication Motivation Change Complexity Teamdevelopment ARTIFACTSMETHODS Data gatheringand analysis Estimating Meetings andevents Strategy artifactsLogs and registersPlansHierarchy chartsBaselinesVisual data andinformation Reports Agreements andcontracts The standard and guide are still in draft and subject to change.PUTTING IT ALLTOGETHER2613

3/16/2021HOW IT ALL FITS TOGETHERPrinciples of Project ceDomainsDevelopmentApproachandLife CycleMethodsArtifactsPlanningDeliveryExternal EnvironmentDeliverablesInternal EnvironmentTeamUncertaintyModelsSystem for Value DeliveryStakeholdersProjectWorkTailor to fit theproject context27The standard and guide are still in draft and subject to change.RECAPPING THEMIGRATION Standard Process Groups PrinciplesGuide Knowledge Areas Project Performance DomainsPMIstandards “How to In practice”PMBOK Guide updates: visit www.pmi.org/standards-projectsThe standard and guide are still in draft and subject to change.14

3/16/2021DescriptionPMIstandards TM is a digital solution giving you access to PMI standards and guides aswell as original, sharable how-to articles, case studies, interactive graphics, videos andaudio content that you can apply to your projects across industries and approaches. Benefits Easy, searchable access to standards andother guides Real-world examples of how otherprofessionals apply PMI’s standards to theirprojects Downloadable templates that you can usefor your projects Real-time updates to standards applicationthat reflect the evolving practiceURL: standardsplus.pmi.org29Follow along by visiting www.pmi.org/standards-projects3015

3/16/2021 3 PMBOK Guide and PMP Exam The new PMP exam, which launched 2 January 2021, will continue to use the Sixth Edition as a reference The PMP exam content is based on the Exam Content Outline The PMBOK Guide -Sixth Edition is one of several listed references The release of the seventh edition does NOT drive an exam change