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FUNDAMENTALS OF

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?

 BOK (body of knowledge)


 PMBOK (project management body of knowledge)
 PMBOK guide
 PM standard

 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

 PMBOK is divided into two sections i.e. guide and standard


 PMBOK Guide sixth edition
 PMBOK Guide seventh edition
PMBOK 6 vs PMBOK 7
PMBOK Guide : PMBOK 6 vs PMBOK 7
PMBOK Guide sixth edition

 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

 PMBOK 6 covers Introduction, project environment, the role of the project


manager, and the 10 essential knowledge areas within project management.
PMBOK 6 : Knowledge Areas

 Within PMBOK 6, each knowledge area is accompanied by processes, inputs, tools,


techniques, and outputs. The 10 project management knowledge areas in PMBOK 6
are defined as:
1. Integration – Implement the right procedures to complete the project’s required
tasks.
2. Scope – Document all project goals and deliverables, deadlines, and budgets to
better plan for the project.
3. Schedule – Maintain a steady pace to complete the project within the required
timeframe.
4. Cost – Manage the project’s budget through estimating and allocating all related
costs.
5. Quality – Manage and maintain a high level of quality throughout the project.
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1. 1

2. 1

3. 1

4. 1

5. 1

6. Resource – Improve project efficiency through planning and scheduling the


project’s resources.
7. Communications - Plan, manage and monitor communications to ensure the
right people are receiving the right messages.
8. Risk – Anticipating potential risks to better plan for their potential outcomes.
9. Procurement – Secure all required materials and services to deliver the project.
10. Stakeholder – Keep stakeholders engaged throughout the project’s duration
PMBOK Guide seventh edition

 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

 Stakeholders: project practitioner, consultants, educators, students, sponsors, and vendors


etc.
PMBOK Standards : PMBOK 6 vs PMBOK 7
PMBOK 6

 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

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