PMBOK 7 vs PMBOK 6 Top Differences to See

The Project Management Body of Knowledge (PMBOK) is a globally recognized standard for project management developed by the Project Management Institute (PMI). It is a comprehensive guide that provides project managers with a structured approach to managing projects, from initiation to closure. It covers ten knowledge areas: scope, time, cost, quality, risk, and communication management.

 

PMBOK used by project managers and organizations worldwide to improve their project management processes. It is a common language for project managers to communicate and share knowledge. The latest edition, the 7th, was released in 2021 and includes updated information on agile and hybrid project management approaches.

 

Understanding PMBOK

 

The latest version i.e 7th edition of PMBOK has many differences from its 6th edition. New and exciting is always welcome. This is what we want in a rapidly changing world.

The long-term success of organizational initiatives is directly proportional to the quality of project management. No matter what industry they work in, project managers should have the skills and knowledge to help organizations complete projects on time and budget. This is where industry-level learning begins. Choosing the right training partner who can structure your PMP course training according to your needs and requirements is important.

 

Reason behind the changes in PMBOK

 

PMBOK or Project Management Body of Knowledge is a standard guide for project management practices that provides guidelines and best practices for managing projects. The PMBOK guide is updated periodically to reflect the changing landscape of project management practices and to incorporate new knowledge and best practices. The most recent update in its guide is the PMBOK 7 seventh edition, which was released in August 2021.

Detail Discussion on PMBOK Changes

 

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One of the reasons why this guide is changing is to reflect the changing needs and demands of the industry. As the industry evolves, project management practices evolve, and the guidebook needs to keep up with these changes. The seventh edition of this guidebook incorporates new project management practices such as agile and hybrid methodologies, which are becoming increasingly popular in the industry.

 

Another reason, why it is changing is that, it is providing a more holistic approach to project management. The new edition of the guide includes a focus on project leadership, stakeholder management, and strategic and business management. This provides project managers cope up with digital transformation with a more comprehensive approach to managing projects, which can result in better project outcomes .

 

It is getting transformation with the latest updates to reflect the changing landscape of project management practices, to incorporate new knowledge and best practices, and to provide a more comprehensive approach to managing projects. These changes are essential for the guide to remain relevant and useful in the industry.

 

PMBOK 7 Is NOT A Replacement of PMBOK 6

 

Usually, the new version of PMBOK would replace the previous version completely, but that is not the case with PMBOK® 7.

PMBOK6 Guide will still be a guide for those looking for a process-based approach, whereas PMBOK will be a go-to document for those who want a principles-based approach. PMBOK 7 mentions that PMBOK 6 can be the go-to document for organizations looking for “How To” ways of doing things. So, PMBOK 7 is not a replacement for PMBOK 6 but is a top-layer document that enhances the overall understanding of the fundamentals of why we do things a certain way.

 

PMBOK 7 vs PMBOK 6 Top 5 Differences

 

The latest edition results from the Project Management Institute’s (PMI) efforts to update its standards to meet the challenges of today's rapidly evolving business environment. Let's see the comparison between PMBOK 7 and PMBOK 6.

 

1. The Process Groups:

The PMBOK 7 has redefined the process groups, which were five in PMBOK 6. The latest version has divided them into four process groups:

• Initiating,
• Planning,
• Executing,
• Monitoring & Controlling,

and has eliminated the Closing process group. The rationale behind this change is to integrate the closing activities with other process groups, as project closure is a continuous process.

 

2. New Knowledge Areas:

 

The latest edition has added two new knowledge areas, namely, Stakeholder Management and Resource Management. The addition of these knowledge areas has broadened the scope of project management and made it more comprehensive. The Stakeholder Management knowledge area covers stakeholders' identification, engagement, and management. In contrast, the Resource Management knowledge area covers the management of project resources such as personnel, equipment, and materials.

 

3. Shift in Focus:

 

PMBOK 7 has shifted its focus from the traditional process-oriented approach to a more dynamic and flexible approach. The new version emphasizes the importance of tailoring project management practices to meet the unique needs of a project. This change is in line with the industry's evolving needs, requiring project managers to adapt and respond to change.

 

4. A focus on agile methodologies:

 

The PMBOK 7 has a greater focus on agile methodologies than PMBOK 6. In the latest edition, PMI has introduced an Agile Practice Guide, which describes applying agile principles and practices to project management. The guide provides project managers with a comprehensive understanding of using agile methodologies.

 

5. Change in Terminology:

 

PMBOK 7 has made significant changes to its terminology, which is a reflection of its changing focus. For instance, the term “project manager” has been replaced with “project leader” to reflect the evolving role of project managers. The term “deliverables” has also been replaced with “outputs,” as it is a more comprehensive term that encompasses tangible and intangible results.

 

What is the latest in PMBOK 7? 

 

The PMBOK is regularly updated to reflect the latest thinking and developments in project management.

 

PMI introduces several new changes and updates that reflect the latest trends in project management. Here are some of the key changes in PMBOK 7:

 

• Agile and Hybrid Approaches:

 

One of the most significant changes in the guidebook is the increased emphasis on Agile and hybrid approaches. The new version recognizes the growing popularity of agile methodologies and guides how to apply agile principles to traditional project management processes. It also includes a new chapter on Agile and Hybrid approaches, highlighting the benefits of these methodologies in managing complex projects.

 

• Project Management Principles:

 

The guidebook includes a new section on project management principles, which provide a foundation for effective project management. The ten principles, ranging from “focus on value” to “tailor to the project,” guide project managers in making decisions that align with their organization’s goals and objectives.

 

• Tailoring Guidelines:

 

The new guide recognizes that every project is unique and requires a tailored approach. The new version provides detailed guidance on how to tailor project management processes to fit the specific needs of a project. This includes guidance on how to select the appropriate project management methodologies, tools, and techniques.

 

• Process Groups and Knowledge Areas:

 

The process groups and knowledge areas in PMBOK 7 have been streamlined and simplified. The new version features three process groups (Initiate, Plan, and Execute) and four knowledge areas (Business, Integration, Performance, and Risk). This simplification makes it easier for project managers to understand and apply its concepts.

 

• Tools and Techniques:

 

The latest guide introduces several new tools and techniques to help project managers achieve project success. These tools include design thinking, change management, and stakeholder engagement. The new version also highlights the importance of data analysis in project management, guiding how to use data to make informed decisions.

 

• Emphasis on Sustainability:

 

PMBOK 7 recognizes the importance of sustainability in project management. The new version guides how to integrate sustainability into project planning, execution, and monitoring. This includes guidance on assessing a project's environmental and social impact and developing strategies to mitigate negative impacts.

 

• Updated Terminology:

 

The new guidebook includes updated terminology that reflects the latest thinking in project management. For example, “stakeholder management” has been replaced with “stakeholder engagement” to reflect the importance of involving stakeholders in the project process.

 

 

How organization can leverage PMBOK 7 through employee training courses? 

 

Below are some of the advantages organizations and employees can reap through Project Management training-

 

• Improve Project Management Skills: The PMBOK 7 training courses focus on the latest management practices and techniques. The training would help organizations to improve their project management skills and apply best practices for project execution, monitoring, and control.

 

• Standardize Project Management Processes: The course provides a standardized project management approach. The training would help organizations to standardize their project management processes, reducing confusion and increasing efficiency.

 

• Align with Industry Standards: As it is a globally recognized standard for project management. By training their employees about latest guidebook, organizations would align their project management practices with industry standards, making collaborating with other organizations and professionals easier.

 

• Increase Project Success Rate: The course is designed in such a way that it provide a comprehensive approach to project management, including risk management, cost management, quality management, and stakeholder management. By implementing the best practices from PMBOK 7, organizations can increase the success rate of their projects.

 

• Enhance Communication and Collaboration: The entire focus of this course is on the communication and collaboration among project stakeholders. By training their employees on PMBOK 7, organizations can enhance communication and collaboration among project team members, stakeholders, and sponsors.

 

• Enhance Resource Management: The training provide a framework for effective resource management, including human resources, financial resources, and material resources. By implementing the best practices from PMBOK 7, organizations can enhance resource management and optimize resource utilization.

 

Why Choose Project Management PMP Training From Vinsys?

 

Vinsys, a leading training provider, offers top-notch PMP certification training to individuals and organizations. Here are the reasons why you should choose Vinsys for your project management training needs:

 

Expert Trainers: Vinsys has a team of experienced and certified project management trainers with industry experience. They provide real-world examples and practical knowledge, which helps better understand and apply the concepts.

 

Comprehensive Curriculum: Vinsys offers a comprehensive curriculum covering all project management aspects. It includes training on different methodologies, tools, and techniques, making the training relevant to a wide range of industries and professions.

 

Flexibility: Vinsys offers flexible training options, including classroom, virtual, and online training. This allows participants to choose the training format best suits their schedule and learning style.

 

Affordable Training: Vinsys offers cost-effective training programs without compromising on the quality of training. This makes it accessible to individuals and organizations with different budgets.

 

Globally Recognized Certifications: Vinsys offers training programs aligned with globally recognized certifications such as PMP, PRINCE2, Agile, and Scrum. This enhances the credibility and employability of the participants.

 

Overall, Vinsys provides a holistic and quality PMP certification online experience that equips individuals and organizations with the necessary skills and knowledge to excel in project management.

 

Vinsys is Best Project Management Consulting Provider for your project management requirements.