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Showing posts from May, 2018

What is new in PMBOK Sixth Edition

So whats new in PMBOK6? Many things. Let’s see them one by one: 1. Projects and business value creation There is lot more stress on the projects, why projects are initiated, the change projects bring in an organization and how to measure the success and business benefits. It was long due to being included as the project manager needs to go beyond and understand the whole dimension of how and where the project fits in the organization. Great addition in PMBOK6. 2. Updates to knowledge area and processes Time management knowledge area is changed to schedule management. Human resource management is now Resource Management. There are few required processes which are added in PMBOK6, eg, Implement risk response (executing), very practical and needed in the process chart – so have been added. Few processes were let go, e.g., Close procurement is no more part of procurement management knowledge area as PMs generally does not close the procurement, and this process is...