Many people have been asking me about the new version of the PMBOK®, and when it will be released. I received the official word at the recent 2008 Leadership Institute Meeting (LIM) PMI session in Denver.
On 31 December 2008, PMI plans to release updates to these four key PMI Global Standards:
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A Guide to the Project Management Body of Knowledge (PMBOK®; Guide)—Fourth Edition
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The Standard for Program Management—Second Edition
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The Standard for Portfolio Management—Second Edition
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Organizational Project Management Maturity Model (OPM3®;)—Second Edition
The exams for the Project Management Professional (PMP®) will be updated with ONLY questions relating to the 4th edition of the PMBOK on July 31, 2009.
So what's changed? The changes are not as drastic as the change from the 2nd to 3rd edition we saw in 2005. Here are just a few notable alterations:
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All processes now follow the verb + noun format, making them more consistent
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We now have 42, instead of 44, processes
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Gone are the "Develop Preliminary Project Scope Statement" and "Scope Planning" processes.
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Added are the "Identify Stakeholders" and "Identify Requirements" processes.
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Procurement Management is consolidated from six to four processes, which make more sense.
There are some additional changes. I'm trying to carve out time to put together a quick video outlining the changes. If I do, I'll let you know here. Until then, visit www.pmi.org or myself for more information.
All best wishes,
Bud Ratliff -- PMP, MCSE, MCT, MVP-Project
The Solarity Group
www.solarity.com
info@solarity.com
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