Overview Webinar V6.0 (PMBOK Guide) Sixth Edition, 2017 1
Asad Naveed, PMP, RMP, MEF-CECP Erjola Mimani, PMP, PSM 1 Greta Blash, PMP, PMI-ACP, PMI-PBA, CSM Jason Saetrum, PMP, ASQ CSSBB, IASSC ATA, MCP, Project + Certified Kavya Gupta, PMP Oliver Yarbrough, PMP Samuel Odemo, B. Tech, PMP Steve Blash, MA, PMP, PMI-ACP Varun Anand, PMP, CSM Joseph D. Launi, PMP, Project + Unauthorized Use of this Material is Strictly Prohibited Authors of: What is New in the PMBOK Guide 6th Edition An In-Depth Comparison Author of: What is New in the PMBOK Guide 6th Edition An In-Depth Comparison Slide Deck (PMBOK Guide) Sixth Edition, 2017 2
Agenda 1. Introduction 2. Environment in Which Projects Operate 3. Role of the Project Manager Knowledge Areas Overviews 4. Project Integration 5. Project Scope 6. Project schedule 7. Project Cost 8. Project Quality 9. Project Human Resources 10. Project Communications 11. Project Risk 12. Project Procurement 13. Project Stakeholder (PMBOK Guide) Sixth Edition, 2017 3
Joseph D. Launi, PMP 30+ years in project management 15 years in project management training and consulting Project Professional (PMP) Certification Specializing in project management office development and training (PMBOK Guide) Sixth Edition, 2017 PMP is a registered mark of the Project Institute 4
Project Life Cycle (PMBOK Guide) Sixth Edition, 2017, Figure 1-5, Pg. 18 5
Project Process Groups and Knowledge Areas KNOWLEDGE AREA 4. Project Integration PROCESS GROUPS INITIATING PLANNING EXECUTING MONITORING & CONTROLLING 4.1 Develop Project charter 4.2 Develop Project management plan 4.3 Direct and Manage Project 4.5 Monitor and Control Project Work Work 4.4 Manage Project Knowledge 4.6 Perform Integrated Change 5. Project Scope 5.1 Plan Scope Mgt. 5.2 Collect Requirements 5.3 Define Scope 5.4 Create WBS 6. Project Schedule 6.1 Plan schedule Mgt. 6.2 Define Activities 6.3 Sequence Activities 6.4 Estimate Activity Durations 6.5 Develop schedule 7. Project Cost 7.1 Plan Cost Mgt. 7.2 Estimate Costs 7.3 Determine Budget 8. Project Quality 9. Project Resource Control 5.5 Validate Scope 5.6 Control Scope 6.7 Control schedule 7.4 Control Costs 8.1 Plan Quality 8.2 Manage Quality 8.3 Control Quality 9.1 Plan Resource Mgt. 9.2 Estimate Activity Resources 9.3 Acquire Resources 9.3 Develop Team 9.4 Manage Team 9.6 Control Resources 10. Project Communications 10.1 Plan Communications Mgt. 10.2 Manage Communications 10.3 Monitor Communications 11. Project Risk 11.1 Plan Risk 11.6 Implement Risk Responses 11.7 Monitor Risks 11.2 Identify Risks 11.3 Perform Qualitative Risk analysis 11.4 Perform Quantitative Risk analysis 11.5 Plan Risk Responses 12. Project Procurement 12.1 Plan Procurement 12.2 Conduct Procurements 12.3 Control Procurements 13. Project Stakeholder Mgt. 13.1 Identify Stakeholders 13.2 Plan Stakeholder Engagement 13.3 Manage Stakeholder Engagement 13.4 Monitor Stakeholder Engagement CLOSING 4.7 Close Project or Phase (PMBOK Guide) Sixth Edition, 2017, Table 1-4, Pg. 25 6
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 4. Project Integration 13. Project Stakeholder 4.1 Develop Project charter 4.1 Develop Project charter 13.1 Identify Stakeholders 13.1 Identify Stakeholders (PMBOK Guide) Sixth Edition, 2017 7
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 4. Project Integration 4.1 Develop Project management plan 5. Project Scope 5.1 Plan Scope 5.2 Collect Requirements 5.3 Define Scope 5.4 Create WBS 6. Project Time (5 th Edition) 6. Project schedule (6 th Edition) 6.1 Plan schedule 6.2 Define Activities 6.3 Sequence Activities 6.4 Estimate Activity Resources 6.5 Estimate Activity Durations 6.6 Develop schedule 7. Project Cost 7.1 Plan Cost 7.2 Estimate Costs 7.3 Determine Budget 4.1 Develop Project management plan 5.1 Plan Scope 5.2 Collect Requirements 5.3 Define Scope 5.4 Create WBS 6.1 Plan schedule 6.2 Define Activities 6.3 Sequence Activities <Estimate Activity Durations moved to HR> 6.4 Estimate Activity Durations 6.5 Develop schedule 7.1 Plan Cost 7.2 Estimate Costs 7.3 Determine Budget 8. Project Quality 8.1 Plan Quality 8.1 Plan Quality (PMBOK Guide) Sixth Edition, 2017 8
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 9. Project HR (5 th Edition) 9. Project Resource (6 th Edition) 10. Project Communications 9.1 Plan Human Resources 10.1 Plan Communications 11. Project Risk 11.1 Plan Risk 11.2 Identify Risks 11.3 Perform Qualitative Risk Anal. 11.4 Perform Quantitative Risk Anal. 11.5 Plan Risk Responses 12. Project Procurement 13. Project Stakeholder 9.1 Plan Resource 9.2 Estimate Activity Resources 10.1 Plan Communications 11.1 Plan Risk 11.2 Identify Risks 11.3 Perform Qualitative Risk Anal. 11.4 Perform Quantitative Risk Anal. 11.5 Plan Risk Responses 12. 1 Plan Procurement 12. 1 Plan Procurement 13.2 Plan Stakeholder 13.2 Plan Stakeholder Engagement (PMBOK Guide) Sixth Edition, 2017 9
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 4. Project Integration 4.3 Direct and Manage Project Work 4.3 Direct and Manage Project Work 4.4 Manage Project Knowledge 8. Project Quality 8.2 Perform Quality Assurance 8.2 Manage Quality 9. Project HR (5 th Edition 9. Project Resource (6 th Edition) 10. Project Communications 9.2 Acquire Project Team 9.3 Develop Project Team 9.4 Manage Project Team 9.3 Acquire Resources 9.4 Develop Team 9.5 Manage Team 10.2 Manage Communications 10.2 Manage Communications 11. Project Risk 11.6 Implement Risk Responses 12. Project Procurement 13. Project Stakeholder 12.2 Conduct Procurements 12.2 Conduct Procurements 13.3 Manage Stakeholder Engagement 13.3 Manage Stakeholder Engagement (PMBOK Guide) Sixth Edition, 2017 10
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 4. Project Integration 4.4 Monitor and Control Project Work 4.5 Perform Integrated Change Control 5. Project Scope 5.5 Validate Scope 5.6 Control Scope 6. Project Time (5 th Edition) 6. Project schedule (6 th Edition) 4.5 Monitor and Control Project Work 4.6 Perform Integrated Change Control 5.5 Validate Scope 5.6 Control Scope 6.7 Control schedule 6.6. Control schedule 7. Project Cost 7.4 Control Costs 7.4 Control Costs 8. Project Quality 8.3 Control Quality 8.3 Control Quality (PMBOK Guide) Sixth Edition, 2017 11
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 9. Project HR (5 th Edition 9. Project Resource (6 th Edition) 10. Project Communications 10.3 Control Communications 9.6 Control Resources 10.3 Monitor Communications 11. Project Risk 11.6 Control Risks 11.7 Monitor Risks 12. Project Procurement 13. Project Stakeholder 12. 3 Control Procurements 12.3 Control Procurements 13.4 Control Stakeholder Engagement 13.4 Monitor Stakeholder Engagement (PMBOK Guide) Sixth Edition, 2017 12
Knowledge Areas PMBOK 5 th Edition PMBOK 6 th Edition 4. Project Integration 12. Project Procurement 4.6 Close Project or Phase 4.7 Close Project or Phase 12.4 Close Procurements (PMBOK Guide) Sixth Edition, 2017 13
Trends and Emerging Practices The PMBOK is considered a good practice. Some of the new information on other ways to manage are included in the introductory portions of each Process Groups and Knowledge Areas. Tailoring Methodology: system of practices, techniques, procedures, and rules used by those who work in a discipline. The PMBOK is not a methodology but a guide. Tailoring allows for consideration of the unique nature of projects. Tailoring allows for the PMBOK to be used as a guide to address competing constraints of scope, schedule, cost, resources, quality and risk. (PMBOK Guide) Sixth Edition, 2017 Taken from: "What is New in the PMBOK Guide 6th Edition - An In-Depth Comparison," Pg. 8 14
Considerations for Agile/Adaptive Environment The use of various aspects of agile, iterative and adaptive approaches for projects is increasing. This includes development methods, techniques, outputs and other activities and practices. Some agile terminology and techniques have been integrated into specific PMBOK Guide processes. This section provides specific approaches that are associated with various agile environments to help practitioners recognize and integrate these practices into their projects where it makes sense to do so. (PMBOK Guide) Sixth Edition, 2017 15 Taken from: "What is New in the PMBOK Guide 6th Edition - An In-Depth Comparison," Pg. 8
Process Categories Each process has been categorized by of three descriptions: Processes used once or at predefined point in the project Processes that are done periodically as needed Processes that are done continuously throughout the project Lessons Learned Manage Project Knowledge is a new process to reflect the importance of how knowledge and information is shared. (PMBOK Guide) Sixth Edition, 2017 Taken from: "What is New in the PMBOK Guide 6th Edition - An In-Depth Comparison," Pg. 8 16
Tools and Techniques To support the importance of project tailoring, many tools and techniques are grouped together based on their purpose. The groups include: Data gathering Data analysis Decision making Communications Interpersonal and team skills Communication skills (PMBOK Guide) Sixth Edition, 2017 Taken from: "What is New in the PMBOK Guide 6th Edition - An In- Depth Comparison," Pg. 9 17
Project Business Documents and Pre-Project Work (PMBOK Guide) Sixth Edition, 2017, Pg. 30 18
Project Success Measures Completing the project benefits management plan; Meeting agreed upon financial measures (Net Present Value, Return on Investment, Internal Rate of Return, Payback Period, and Benefit Cost Ratio); Meeting business case nonfinancial measures; Completing movement of an organization from current to future state; Fulfilling contract terms and conditions; Meeting organizational strategy, goals, and objectives; Achieving stakeholder satisfaction; Acceptable customer/end-user adoption; Integration of deliverables into the organization s operating environment; Achieving agreed-upon quality of delivery; Meeting governance criteria; and Achieving other agreed-upon success measures or criteria (e.g., process throughput). (PMBOK Guide) Sixth Edition, 2017, Pg. 34-35 19
Project Business documents (PMBOK Guide) Sixth Edition, 2017, Pg. 29 20
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Project Influences (PMBOK Guide) Sixth Edition, 2017, Pg. 48 22
Influences of Organizational Structures on Projects (PMBOK Guide) Sixth Edition, 2017, Pg. 47 23
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Definition of a Project Manager Project manager is assigned by the performing organization to lead the team that is responsible for achieving the project objectives. (PMBOK Guide) Sixth Edition, 2017, Pg. 52 25
Project Manager s Sphere of Influence (PMBOK Guide) Sixth Edition, 2017, Pg. 53 26
Project Manager Competences Other Qualities and Skills of a Leader Dealing with people Visionary Optimistic Collaborative Managing relationships and conflict Communicating effectively Respectful Honest Life-long learner (PMBOK Guide) Sixth Edition, 2017, Pg. 56-57 27
Leadership v. Managing: directing another person to get from one point to another using a now set of expected behaviors. Leadership: working with others through discussion or debate in order to guide them from one point to another. (PMBOK Guide) Sixth Edition, 2017 Taken from: "What is New in the PMBOK Guide 6th Edition - An In-Depth Comparison," Pg. 30 28
Leadership Styles Laissez-faire Transactional Servant Leader Transformational Charismatic Interactional Personality Authentic Courteous Creative Cultural Emotional (PMBOK Guide) Sixth Edition, 2017, Pg. 65-66 Intellectual Managerial Political Service Oriented Social Systematic Taken from: "What is New in the PMBOK Guide 6th Edition - An In-Depth Comparison," Pg. 30-31 29
Contact Us for More Information! We offer a full PMBOK 6 th Edition Overview Saturday Mornings as well as other project management courses to help you meet your Talent Triangle requirements. (PMBOK Guide) Sixth Edition, 2017 30