Category Archives: PMP Certification

PMBOK FIFTH EDITION – UPDATES

PMI Will be releasing an updated guide this month (PMBOK 5) PMBOK Fifth edition.

Summary of what’s new in the Standard

  • A New Tenth Knowledge Area “Project Stakeholder Management”
  • Four planning processes have been added to reinforce the concept that each major Knowledge Area has a planning process focusing on how that area will be planned and executed
  • The content from Section 3 “The standard for Project Management" of a Project” has been moved to Annex A1. The new Section 3 addresses project management process group as in previous editions.

PMP Exam Credentials will be updated on 31st July 2013

Logon to PMI, and if you are a member, you will be able to download a free read only  PDF of these standards on http://pmi.org

You can obtain printed and e-book version at discounted member price on http://marketplace.PMI.org/Pages/Default.aspx

42 Processes

Below 42 Processes are listed in a sequence grouped by 5 Process Group, as I feel this could be an easier way to consume knowledge on all 42 processes.

One could choose to learn 42 Processes in given order for learning and understanding the interlink between processes.

Initiation Process Group

  1. Develop Project Charter
  2. Identify Stakeholders

Planning Process Group

  1. Develop Project Management Plan
  2. Collect Requirements
  3. Define Scope
  4. Create Work Breakdown Structure
  5. Define Activities
  6. Sequence Activities
  7. Estimate Activity Resources
  8. Estimate Activity Duration
  9. Develop Schedule
  10. Estimate Cost
  11. Determine Budget
  12. Plan Quality
  13. Develop Human Resource Plan
  14. Plan Communication
  15. Plan Risk Management
  16. Identify Risks
  17. Perform Qualitative Risk Analysis
  18. Perform Quantitative Risk Analysis
  19. Plan Risk Response
  20. Plan Procurement

Executing Process Group

  1. Direct and Manage Project Execution
  2. Perform Quality Assurance
  3. Acquire Project Team
  4. Develop Project Team
  5. Manage Project Team
  6. Distribute Information
  7. Manage Stakeholders Expectations
  8. Conduct Procurement

Monitoring and Controlling Process Group

  1. Monitor and Control Project Work
  2. Perform Integrated Change Control
  3. Verify Scope
  4. Control Scope
  5. Control Schedule
  6. Control Costs
  7. Perform Quality Control
  8. Report Performance
  9. Monitor and Control Risks
  10. Administer Procurement

Closing Process Group

  1. Close Project or Phase
  2. Close Procurements
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