PMBOK® Guide

PMBOK Guide 5th Edition and Agile project management

PMI – the Project Management Institute – has issued a new version of its world standard in project management – the 5th version of the PMBOK® Guide – to be exact. The name also include...

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The PMBOK® Guide is a publication from the Project Management Institute (PMI), an entity that is globally recognized as governing the project management discipline. PMI was founded in 1969 in the US and has become one of the principal professional non-profit organizations in the specialism. The first edition of the guide was published in 1996; the latest English-language PMBOK® Guide - Fifth Edition, was released in January 2013.

The PMBOK® Guide is process-based: it describes work as being accomplished by processes. This approach is consistent with other management standards such as ISO 21500 for Project Management, ISO/IEC 9001:2008 and the Software Engineering Institute’s CMMI. Processes overlap and interact throughout a project or its various phases. Processes are described in terms of inputs (documents, plans, designs, etc.), tools and techniques (mechanisms applied to inputs) and outputs (documents, products, etc.)

The guide identifies 47 processes that fall into five basic process groups and ten knowledge areas that are typical for almost every project. The five process groups are Initiating, Planning, Executing, Monitoring and Controlling, and Closing.

The ten knowledge areas are Project Integration Management, Project Scope Management, Project Time Management, Project Cost Management, Project Quality Management, Project Human Resource Management, Project Communications Management, Project Risk Management, Project Procurement Management and Stakeholder Management.

Each of the ten knowledge areas contains the processes that are advised to be accomplished within its discipline in order to achieve effective management of a project. Each of these processes also falls into one of the five basic process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group.

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