The Project Management Institute (PMI) produces a guide to global project management standards – The PMBOK® Guide.
Each new Edition reflects careful consideration of evolution in this field. It gives you access that many other books don’t have: Up-to-date information on how things work now versus when it was written for previous editions, so if there have been any changes since then, they can get familiar with these updates before taking your certification test.
The Professional Certification track within PMP® is widely recognized as an achievement for those who specialize. Giving them earning distinction both internationally & nationally across various industries while maintaining their credentials by staying with best practices, standards, or procedures appropriate today’s environment while not forgetting anything that may be outdated tomorrow.
The Project Management Institute (PMI) produces a guide to global project management standards – The PMBOK® Guide.
The PMP certification also offers professionals worldwide recognition within their respective fields which can help them succeed at whatever level they choose – whether it means becoming an expert manager overseeing large construction projects across multiple sites; taking charge of private household tasks such as coordinating yard work among other.
What Is the PMBOK Guide?
PMI’s flagship publication guides the Project Management Body of Knowledge. The book includes The Standard for project management, which was developed over 50 years and serves as a foundation upon which all other knowledge in this area builds or summarizes it so that everyone can understand what they need before engaging with any particular task/project hand.
PMBOK Guide 7th Edition: A Fresh Start
In all previous editions, including the Sixth Edition, a more comprehensive first part was included to help readers understand what they will find in this book and how it fits into an overall strategy for project management.
There is a section on managing change, followed by risk assessment and control guidelines.
Next was before finally coming back around with tips from experienced professionals who have been there and done that – advising on everything from critical success factors at each stage of your projects’ lifecycle through handling stakeholders appropriately throughout execution.
Why PMBOK® 7th Edition?
Project management has always been about managing projects, not ones bound by time or change. Product life cycles have changed drastically in the past decade with shorter product generations and ever-changing requirements—but PMBOK didn’t account for these complexities until now! With agile project management approaches like Scrum becoming more popular than waterfall methods because they allow organizations to respond faster when changes need to be made on their end– Project Management Offices finally had something worth getting excited over too!
PMBOK® Guide – 6th vs. 7th Edition
The new Edition of the PMBOK® Guide is project team and outcome-focused, designed for those who want to gain a deeper understanding of what it means when they work on projects. The Sixth Edition provides an outline of technical processes used by project managers while also including detailed information about outputs from these initiatives.
PMBOK® 6th Edition has five project management process groups: initiating, planning, executing, monitoring & controlling, and closing. These are referred to as the five stages of a project lifecycle as well – for each knowledge area, and there is an associated set or kind (or group) of processes belonging to these different “stages.”
For instance, the estimate costs process belongs in the Planning Process Group, while cost management is categorized under ‘Knowledge Area.’ The new Edition will see 12 Principles added on top with their corresponding Value Delivery Systems underneath them; this means that you’ll have more than one way your organization can deliver its services.
| PMPBOK® Guide 6TH Edition | PMBOK® Guide 7th Edition |
| A Guide to the Project Management Body of Knowledge IntroductionThe environment in which projects operateThe role of the project manager10 areas of knowledge | The Standard for Project Management IntroductionSystem for value delivery12 principles |
| The Standard for Project Management Introduction5 process groups | A Guide to the Project Management Body of Knowledge 8 project performance domainsTailoringModels, methods, and artifacts |
PMBOK® Guide – 7th edition outline
The PMBOK® Guide – 7th Edition is a groundbreaking guide that will forever change how you think about projects. The book documents high-level principles across eight different performance domains to inform all project practitioners about the key concepts influential in running successful ones regardless of their methodology or app roach (i e predictive, incremental, iterative).
PMBOK® Guide – 7th Edition domains
The PMBOK® Guide – 7th Edition presents eight domains of project management. Each domain is defined as a set or group of related activities critical for the effective delivery and completion (completion: To bring something to its intended result) on a given type or class in project work.
The eight domains are as follows:
- Stakeholder
- Themes
- Development approach
- Life cycle planning
- Project work
- Deliver
- Measurements
- Uncertainty
PMBOK® Guide 7th edition exam prep can be guided by information found in PMI’s exam content outline for 2021, which shows a distribution of questions according to domains:
| Domain | Percentage on Items on Test |
| People | 42% |
| Process | 50% |
| Business Environment | 8% |
| Total | 100% |
Implications for the PMP Exam
In the past, there was always a cut-over date for every new edition of the PMBOK® Guide, by which time they would revamp and revise all questions. This time, however, is different as both editions can coexist:
PMBOK® 6th Edition-focused on methods & processes; 7th Ed – Principals/Values Questions regarding principles or values could relate more to either one depending on their context.
The authors of the exam questions for PMP® can also use other literature as references. After all, this is not just a test about books like “The Project Management Book Of Knowledge.”
The most important consequence for aspiring PMPs is that the exam will not become more complex. However, the amount of material you have to work through in preparation increases significantly with every passing year. If possible, take the exam around 2021 or early 2022, just like before when everything was more accessible than ever!
What the PMBOK® Guide is and what it is not:
| What It Is | What It Is Not |
| Documentation of best practices of project management | Study guide for PMP Exam |
| A starting point of PMP Exam | Single resource for all PMP Exam Questions |
| One of many knowledge sources for PMP Exam questions | Outline for Exam Structure |
The PMBOK® Guide can help you refresh your knowledge of project management concepts for the upcoming exam. It contains helpful charts and diagrams, but note those are more informative than formal resources that would prepare someone who is taking their first or next attempt at getting certified! It would help if you did an entire review with this book before attempting it again- I suggest doing one every month until you pass.
Process-based Approach to the Principle-based Approach
In the upcoming Edition of PMBOK®, a shift from process-based to principle-based will occur. Twelve principles guide projects and organizations to achieve their intended outcomes by delivering value instead of just deliverables.
Value Delivery System
To ensure the objectives of an organization’s portfolios, programs and projects are reached or exceeded by their intended targets and must execute strategies. Based on these outcomes, the analysis then occurs, which impacts future steps.
Organizations will only earn the business value of their delivered projects once they’re successful. This is called “Business Value Realization,” and it’s achieved by realizing expected outcomes concerning those values established at project inception or during execution; then, organizations can use this information to create new strategies.
Project teams can produce outcomes by using different delivery approaches. For some projects, activities might be transparent, and the results are achievable by completing those tasks without any further input from project managers or stakeholders. However, for other types – incredibly complex ones with ongoing monitoring that needs to take into account past performance to determine what steps need to be taken for next-project management may come into play more so than just delivering on deliverables alone (PMBOK® 7th Edition).
Project Delivery Principles
PMBOK® 7th Edition is an invaluable resource for any project manager. The latest version, PMBPOK® 7th Edition, includes 12 principles that define the “what” and why of projects–and not just prescriptive guidelines to be followed without question!
There will be 12 principles in PMBOK® 7th Edition, which define the “what” and “why” of the project delivery.
Project delivery principles describe a fundamental truth, norm, or value and are not prescriptive. To ensure the intended outcomes of the project delivery, project team members must follow these principles.
The following are the 12 principles.
1) Stewardship: Be a diligent, respectful, and caring steward.
2) Team: Build a culture of accountability and respect.
3) Stakeholders: Engage stakeholders to understand their interests and needs.
4) Value: Focus on value.
5) Holistic Thinking: Recognize and respond to systems’ interactions.
6) Leadership: Motivate, influence, coach, and learn.
7) Tailoring: Tailor the delivery approach based on context.
8) Quality: Build quality into processes and results.
9) Complexity: Address complexity using knowledge, experience, and learning.
10) Opportunities & Threats: Address opportunities and threats.
11) Adaptability & Resilience: Be adaptable and resilient.
12) Change Management: Enable change to achieve the envisioned future state.
Conclusion – PMBOK® Guide 7th Edition
The world of work has changed dramatically over the past few years, with new technology and approaches driving this evolution. The updated PMBOK Guide Seventh Edition is a perfect resource for professionals who want to stay up-to-date on how their profession continues changing!
The PMBOK® 7th Edition:
- This approach is a mix of various techniques. This passage reflects the full range from traditional to adaptive, agile, and hybrid, plus more!
- This book provides an entire section devoted to tailoring the development approach and processes.
- Expands the list of tools and techniques in a new section, “Models, Methods, and Artifacts.”
- Focuses on project outcomes and deliverables
You can download the project management guide for free in e-book format (PDF). The printable version of this convenient digital file is available to PMI® members only.