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What to Expect with the New PMBOKv6 Updates

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Right on schedule, PMI has announced the revision and update of the PMP exam that will roll out March 26, 2018. For those who are on their journey to certification, exam revisions can be stressful. In this slide deck presented by Global Knowledge, our resident PMP-certified project manager Dan Stober presents information on the changes and how to prepare for the PMBOK 6th Edition PMP exam.

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What to Expect with the New PMBOKv6 Updates

  1. 1. What to Expect with the New PMBOKv6 Updates Presented by Dan Stober, PMP
  2. 2. What to Expect from the PMBOKv6 Update: What’s new in PMBOKv6?
  3. 3. © Global Knowledge Training LLC. All rights reserved. Page 3 What We Will Cover Today ● Review of the three new processes in PMBOKv6 ● Review of the two renamed process groups ● Role of the Project Manager  Competencies  Experience  Skills ● Review of new sections in each chapter  Key concepts  Trends and emerging practices  Tailoring considerations  Considerations for agile/adaptive environments
  4. 4. © Global Knowledge Training LLC. All rights reserved. Page 4 Review Three New Processes ● Manage Project Knowledge – Section 4.4  Address the need for knowledge management in projects  Distributed workforce driven  Aim is to not lose information and knowledge PMI emphasizes the need to learn throughout the project rather than waiting until the end to reflect. A lessons learned register Key Output
  5. 5. © Global Knowledge Training LLC. All rights reserved. Page 5 Review Three New Processes ● Control Resources – Section 9.6  No comparable process in the Fifth Edition  Added due to the fact that resources must be controlled after they are acquired o Availability o Utilization monitoring o Release • Work performance information • Change requests Key Outputs
  6. 6. © Global Knowledge Training LLC. All rights reserved. Page 6 Review Three New Processes ● Implement Risk Responses – Section 11.6  Previously included in the Control Project Risk process  Broken out separately now and moved to Executing from Monitoring and Controlling o Addresses overall project risk exposure o Ensures risk responses are executed as planned • Change requests  Cost baseline  Schedule baseline Key Output
  7. 7. © Global Knowledge Training LLC. All rights reserved. Page 7 Review Two Renamed Process Groups Project Time Management Project Schedule Management  Argument is that “time” cannot be managed, but a schedule can  PMs don’t manage time, but rather a schedule Project Human Resource Management Project Resource Management  Resources now broken out between humans and non-human resources o Team resources (9.4, 9.5) o Physical resources (9.6)
  8. 8. © Global Knowledge Training LLC. All rights reserved. Page 8 Review Several Renamed Processes Old Name New Name Perform Quality Assurance (Section 8.2) Manage Quality Plan Human Resource Management (Section 9.1) Plan Resource Management Acquire Project Team (Section 9.2) Acquire Resources Develop Project Team (Section 9.3) Develop Team Manage Project Team (Section 9.4) Manage Team Control Communications (Section 10.3) Monitor Communications Control Risks (Section 11.6) Monitor Risks Plan Stakeholder Management (Section 13.2) Plan Stakeholder Engagement Control Stakeholder Engagement (Section 13.4) Monitor Stakeholder Engagement
  9. 9. © Global Knowledge Training LLC. All rights reserved. Page 9 Role of the Project Manager: Skills/Competencies  Understand Business Impact of the Project  Focus on Value  Project Delivery Strategy Strategic and Business Management  Guiding  Motivating  Directing Leadership  Managing Schedule  Managing Budget  Maintaining Project Artifacts Technical Project Management Skills
  10. 10. © Global Knowledge Training LLC. All rights reserved. Page 10 Role of the Project Manager: Influence  Communication and Feedback based Project Level  Resources  Planning  Prioritization  Funding  Distribution of deliverables Organizational Level  Emerging technology  Product and tech development  Industry standards  Economic forces that affect projects  Process improvement and sustainability Industry Level
  11. 11. © Global Knowledge Training LLC. All rights reserved. Page 11 New Sections in Each Chapter ● Key Concepts  Covers the main ideas of the chapter o Can have many or only a few key points listed (integration-9, scope-2) ● Trends and Emerging Practices  New practices or practices that need to be reinforced o In Project Scope Management, the need for an experienced Business Analyst is noted
  12. 12. © Global Knowledge Training LLC. All rights reserved. Page 12 New Sections in Each Chapter ● Tailoring Considerations  Considerations for adapting the process to your environment o Documentation, knowledge management, tools, OPAs ● Considerations for Agile or Adaptive Environments  Different for each process group o Scope is focused on agile requirements management o Schedule is focused on short development cycles
  13. 13. © Global Knowledge Training LLC. All rights reserved. Page 13 What We Covered ● Review of the three new processes in PMBOKv6 ● Review of the two renamed process groups ● Role of the Project Manager  Competencies  Experience  Skills ● Review of new sections in each chapter  Key Concepts  Trends and Emerging Practices  Tailoring Considerations  Considerations for Agile/Adaptive Environments
  14. 14. © Global Knowledge Training LLC. All rights reserved. Page 14 Courses 2868: Project Management Fundamentals 2819: IT Project Management 2387: PMP Exam Prep Boot Camp 2900: PMP Renewal Program
  15. 15. © Global Knowledge Training LLC. All rights reserved. Page 15 Learn More www.globalknowledge.com www.globalknowledge.ca For additional on-demand and live webinars, white papers, courses, special offers and more, visit us at…
  16. 16. Thank you!
  • ksbaxter

    Dec. 10, 2020

Right on schedule, PMI has announced the revision and update of the PMP exam that will roll out March 26, 2018. For those who are on their journey to certification, exam revisions can be stressful. In this slide deck presented by Global Knowledge, our resident PMP-certified project manager Dan Stober presents information on the changes and how to prepare for the PMBOK 6th Edition PMP exam.

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