PMBOK

Fifth Edition
Changes
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
1 - 1
Global consulting company founded in 1994
Headquarters in California
Professional services in project management and
controls
100% PMP certified personnel
Tailored approach to training provides high
customer satisfaction
DirecTV
Key Bank
Some of
our
Clients
Harvard Business School
Today well discuss the changes to
PMIs Guide to the Project
Management Body of Knowledge
and how it affects you.
Introductions
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
5
The PMBOK

Guide
Fourth Edition continues
the tradition of describing
the processes in a
temporary endeavor
undertaken to create a
unique product, service or
result.
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
6
Processes increased from 42 to 47
Planning processes
5.1 Plan Scope Management
6.1 Plan Schedule Management
7.1 Plan Cost Management
Added chapter on stakeholders with two new processes
13.2 Plan Stakeholder Management
13.4 Control Stakeholder Engagement
Third chapter in Fourth Edition is now an ISO standard
Becomes an appendix (annex) in 5th edition
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
7
Two Process Name Changes
10.4 Manage Stakeholder Expectations-> 13.3 Manage
Stakeholder Engagement & 13.4 Control Stakeholder
Engagement
9.1 Develop Human Resources Plan -> 9.1 Plan
Human Resource Management
Some glossary definitions are shorter
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
8
New section 1.6 Business Value
More examples and tables
Figure 5-6. Requirements Traceability Matrix
Table 51. Elements of Project Charter and Project
Scope Statement
Figure 610. Examples of Lead and Lag
Figure 6-20. Resource Leveling
Table 7-1. Earned Value Calculations Summary Table
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
9
More examples and tabular data
Should make reading the PMBOK easier
No real change in page count
PMBOK 5th edition without appendices is 348 pages
Annex A the Standard is 29 pages
Glossary is 5 pages less
PMBOK is an ISO standard which organizations may find
desirable
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
10
1he !"#$%
&
()*+, - denes Lhe lannlng rocess descrlpuon of pro[ecLs as:
-./01, 2304,11,1 2,35036,+ 70 ,1789:*1/ 7/, 7078:
1402, 05 7/, ,;037< +,=>, 8>+ 3,=>, 7/, 09?,4@A,1< 8>+ +,A,:02 7/, 40)31,
05 84@0> 3,B)*3,+
70 8C8*> 7/01, 09?,4@A,1DE
1hls ls ln agreemenL and conslsLenL wlLh Lhe denluon provlded by Lhe rogram
ManagemenL SLandard.
1he new plannlng processes for Scope, 1lme and CosL allgn wlLh Lhls denluon.
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
11
Build on harmonization from Fourth edition PMBOK
New similarity:
Chapter on Stakeholders
This copyrighted material is the property of Project Auditors,
LLC, and may not be reproduced without written permission.
12
!"#$%
&
()*+, - llh Ldluon wlll be used for
Lhe M examlnauon aer !une 30, 2013
Frank Parth, MS, MBA, PMP
fparth at projectauditors.com
President & CEO
Project Auditors, LLC
Contact
information