The PMBOK 7th Edition, which was just released, differs from the PMBOK 6. All things new and exciting are always welcome, and we all want to be relevant in this fast-paced world.
The quality of a company’s project management is directly related to its long-term success. No matter what industry they work in, project managers must have the skills and knowledge to help companies finish projects on time and within budget. This is where industrial-level training is essential. It is important to choose the right training partner who can align the training courses according to your needs and requirements. To learn more about PMP certification training, you and your team can consult our blog.
What is PMBOK?
Project Management Professional (PMP), a globally recognized credential in project management, has over a million professionals. For the preparation of the certification exam (PMBOK), you need to have a thorough knowledge of Project Management Body of Knowledge. PMBOK must be able to adapt to these changing dynamics. This is why the PMBOK should be updated every three to five year.
Why is PMBOK changing?
The PMBOK was primarily focused on waterfall project management methods before this update. However, the rapid advancement of technology has led to a rise in competitiveness than ever before. As the project progresses, the time it takes to produce a product is decreasing. The requirements for projects and products are more likely shift.
Traditional project management methods are not flexible enough to meet the changing requirements of a project. This is the main reason for agile project management strategies and approaches being developed in the twenty-first Century. Many businesses, especially those in the software and information technology industries, are implementing agile frameworks for project managing.
It is essential to have up-to-date training resources and guidance, given the many changes made in the PMBOK. This certification roadmap will help you understand the certification process.
What’s new with PMBOK7
Project managers often use a variety of methodologies to deliver projects based on the project’s characteristics and industry. They also consider the needs of stakeholders and the organization. This goal can be achieved using a variety of methodologies, including hybrid, predictive, agile, and waterfall. It is important to remember that there are many ways to achieve this goal. Project success and value delivery should be the main focus of project management standards.
The seventh edition of PMBOK Guide will focus on concepts and not procedures when it comes to project management best practices. Both the current and past PMBOKs have knowledge areas. Each knowledge area has its own processes, inputs and tools. These procedures will be removed from the seventh edition of PMBOK. There are a few principles that can be used in project management that are universally accepted and widely used. The PMBOK’s current edition is shifting to place more emphasis on project outcomes than deliverables due to changing dynamics in project management.
However, this does not mean that process-based approaches no longer work. Many organizations and project managers still use traditional project management delivery methods. Conventional methodologies are still valid in the PMBOK 7th Edition framework. The image below shows the tailoring process as described in PMBOK 7th Edition published by PMI.
Projects produce more than outputs or products in the seventh edition PMBOK. Projects produce value for the organization and its stakeholders. Since the updates have been implemented, it is essential that organizations train their employees to understand the major changes and to comply with the new standards. It is important to choose training courses that are tailored to the needs of your organization and employees. You can choose from a variety of project management training courses offered by NetCom Learning, an authorized training partner of PMI.
Comparison between PMBOK 7 & PMBOK 6
The PMBOK 7th Edition places more emphasis on the ability of the project team and their ability to deliver value-based outcomes than the technical procedures, inputs and techniques of the project manager. Comparing the 7th and 6th editions of the PMBOK Guide – 6th editions, o