Update on the PMBOK 5th Edition ISO 21500 – Guidance on Project Mgmt.

Daniel Hendling, PMI® Austria Chapter PMI® Slovakia Chapter Meeting, 25.4.2013, Bratislava, SK

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Agenda.

•  About Daniel & the PMI Austria Chapter.

•  PMBOK 5th Edition: What is new?

•  ISO 21500 – Guidance on Project Management

•  Questions & Co.

Daniel Hendling PMI® Austria Chapter

•  Vice President

•  Volunteers

•  Membership

•  PMIEF®

PMI® Austria Chapter.

Key Services

•  4 open, different partner events every year

•  Discounts on partner offerings (training, events, PM subscription, T-Mobile member tariff…)

•  “For Social Good” project

Key Figures

•  Founded in 2000

•  355 Members

•  PMIEF Liaison

•  Partnerships with universities

•  www.pmi-austria.org

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PMBOK 5th Edition.

•  Downloadable at www.pmi.org

•  Can be ordered at www.pmi.org for EUR 38,- (members)

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General.

•  Feedback considered, corrections done, consistency increased

•  Alignment with ISO 21500

•  Other PMI Standards (Program, Portfolio, Scheduling) and Lexicon of PM terms considered

•  „Standard for Project Management“ now separate (Annex A1)

•  More focus on Planning

•  More focus on Stakeholder Engagement

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Added.

•  Handling of Work Performance described more in detail (Fig. 3-5)

•  Interpersonal skills emphasized (Role of the project manager) – see Appendix G (PMBOK 4th Edt.) and Appendix X3 (PMBOK 5th Edt.)

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Planning Processes.

New Planning Processes for

•  Scope Management

•  Schedule Management

•  Cost Management

•  Stakeholder Management

More focus on Planning.

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Communications & Stakeholder.

Communications Management split into:

•  Communications Management

•  Stakeholder Management

Means...

•  Information Management, Communications and Stakeholder Engagement now viewed separately

•  Topics may now be developed more separate from each other

•  Compliancy with ISO Standard 21500

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Wording-Updates (see PDF).

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Types of life cycles.

•  Predictive

•  Iterative & Incremental

•  Adaptive (Agile)

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Project Plans vs. Documents.

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Scope Management.

•  New: Plan Scope Management

•  Example for RTM added

•  Separation between Charter vs. Scope Statement

•  Validate scope – as it is more than simply „accepting the deliverables“ (has to fit to targets and expected benefits; see also „fitness for use“)

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Time Management.

•  New: Plan Schedule Management

•  Graphs for Sequencing, CPM, CCM... added

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Cost Management.

•  New: Plan Cost Management

•  Illustrations added, EVM table added

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Quality Management.

•  Clear separation of Quality Assurance vs. Quality Control

•  Several QM Tools added

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Communications & Stakeholder Management.

•  Split into two Knowledge Areas

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HR, Risk, Procurement Management.

•  Human Resource & Procurement Management: No significant changes

•  Risk Management: Additional comments on Risk Attitude, Appetite & Threshold...

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ISO 21500 – Guidance on Project Management.

•  Foundation for common understanding on Project Managenent

•  Effective collaboration, within the team as well as between sponsor and project manager

•  Helps develop an internal Project Management Standard

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Relevant content.

•  Opportunities & Business Benefits

•  Program & Portfolio Management see relevant PMI Standards

•  Competencies Technical / Behaviourial / Contextual see PMI Competency Development Framework

•  Constraints: Scope, Quality, Schedule, Resources, Costs and Risks, Health (Security), social & ecological consequences

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Processes.

Process Groups

•  Initiating

•  Planning

•  Implementing

•  Controlling

•  Closing

Subject Groups

•  Integration

•  Stakeholder

•  Scope

•  Resource

•  Time

•  Cost

•  Risk

•  Quality

•  Procurement

•  Communication

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Details (see PDF).

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Key Messages.

•  If you are comfortable with using the PMBOK you will not have any difficulties in understanding the ISO standard.

•  If the company you are working in is applying the PMBOK, it will be easy for you to create a compliancy with the ISO standard.

•  If you are working in projects with other companies, which apply the ISO standard, you will be speaking the same language.

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Questions? daniel.hendling@pmi-austria.org