Professional Documents
Culture Documents
PROJECT
MANAGEMENT
LECTURE # 2
Understanding PMBOK
DIFFERENCES YOU NEED TO KNOW
Project ???
Examples:-
Pyramids of Giza
Olympic games
Great Wall of China
Taj Mahal
Polio vaccine
Covid vaccine
Commercial software application
Why PMBOK?
PMI define PMBOK as a term that describe knowledge within profession of project
management.
Practices :
PMBOK
Traditional practices
Innovative practices
Generally recognized means (knowledge and practices)
Good practices (general agreement on application of knowledge, tools & techniques, skills)
Standard
Methodology
Framework
Prince 2
MSF (Microsoft solution framework) by Microsoft
SDLC (system developed life cycle)
PM4Dev
PM4NGO
PMI standard for project management
History
PMBOK is divided into two sections i.e. guide and standard
Part 1
Introduction
Environmental factors
Roles of Project Manager
10 Knowledge areas
Part 2
Standard for project management (5 process group)
Part 3
Glossary, Appendix, Index
PMBOK 6
1. 1
2. 1
3. 1
4. 1
5. 1
Domains
Models & methods
Artifacts
Project management+
PMBOK 7
The latest version of the PMBOK released this summer 2021, PMBOK 7 focuses
performance over processes. 5 processes are changed into principles .
The contents within PMBOK 7 include tailoring, models, methods, and artifacts, and
eight performance domains. There’s a drastic shift from processes to performance.
PMBOK 7 Models, Methods, Artifacts
The new models, methods, and artifacts section found in PMBOK 7 vs PMBOK 6
provides users with a plethora of resources such as articles, videos, and templates, tying
them to the performance domain of which they would be most useful. This offers great
value for aspiring and working project managers alike.
PMBOK 7 : Performance Domains
While earlier PMBOK versions focused on knowledge areas, the 7th edition has replaced the traditional knowledge
areas with performance domains.
The eight performance domains summarize the related elements essential to a project’s success:
1. Stakeholders
2. Team
3. Life cycle
4. Planning
5. Project work
6. Delivery
7. Measurement
8. Uncertainty and ambiguity
The new PMBOK performance domains focus on delivering value to the organization and its stakeholders through
the project delivery.
Key terms used in PMBOK Guide seventh
edition
Outcome
Portfolio
Product
Program
Project
Project management
Project manager
Project team
System for value delivery
value
Audience
In PMBOK 6, the standard for project management included five comprehensive process
— initiating, planning, executing, monitoring and controlling, and closing. These
standards summarize the processes that project managers apply to deliver a successful
project.
The 7th PMBOK edition sheds the 6th edition’s five project process
and replaces them with 12 new project management standards:
1. Stewardship
2. Team
3. Stakeholders
4. Value
5. Systems Thinking
6. Leadership
7. Tailoring
8. Quality
9. Complexity
10. Risks {Opportunities & Threats }
11. Adaptability & Resilience
12. Change