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PMBOK5

The latest edition of The Standard for Project Management and the PMBOK® Guide acknowledges the evolving project management landscape influenced by advancements in software, AI, and new business models. It transitions from a process-based to a principles-based standard to better support effective project management and emphasize intended outcomes over deliverables. This change reflects the need for adaptability in project work and team structures in a rapidly changing environment.

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Rakesh Prasad
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8 views

PMBOK5

The latest edition of The Standard for Project Management and the PMBOK® Guide acknowledges the evolving project management landscape influenced by advancements in software, AI, and new business models. It transitions from a process-based to a principles-based standard to better support effective project management and emphasize intended outcomes over deliverables. This change reflects the need for adaptability in project work and team structures in a rapidly changing environment.

Uploaded by

Rakesh Prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Like previous editions of The Standard for Project Management and the PMBOK® Guide, this

edition recognizes that the project management landscape continues to evolve and adapt. Over the
past 10 years alone, the advancement of software into all types of products, services, and solutions
has grown exponentially. What software can enable continues to change as artificial intelligence,
cloud-based capabilities, and new business models drive innovation and new ways of working.
Transformed organizational models have yielded new project work and team structures, the need
for a broad range of approaches to project and product delivery, and a stronger focus on outcomes
rather than deliverables. Individual contributors can join project teams from anywhere in the world,
serve in a broader array of roles, and enable new ways of thinking and working collaboratively.
These changes and more have created this opportunity to reconsider perspectives to support the
continued evolution of The Standard for Project Management and the PMBOK® Guide.

SUMMARY O F C H AN GE S
Since 1987, The Standard for Project Management has represented a process-based standard.
The Standard for Project Management included in the PMBOK® Guide aligned the project management
discipline and function around a collection of business processes. Those business processes enabled
consistent and predictable practices:
▶ That could be documented;
▶ Through which performance against the processes could be assessed; and
▶ Through which improvements to the process could be made to maximize efficiency
and minimize threats.

While effective in supporting good practice, process-based standards are prescriptive by their
very nature. With project management evolving more rapidly than ever before, the process-based
orientation of past editions cannot be maintained in a manner conducive to reflecting the full value
delivery landscape. Therefore, this edition shifts to a principles-based standard to support effective
project management and to focus more on intended outcomes rather than deliverables.

PMI Seventh Edition July 2021


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