By Finn Svenning, PMP Consultant - Project Management Former Chairman and boardmember in PMI-dk M T

 Project Management Institute founded in 1969  to identify common management practices across industries.

 an attempt to document and standardize generally accepted project management information and practicesproject management WhitepaperWhitepaper

ISO21500ISO21500 ! PMBOK ANSI 1998 !! ! comments

Major Deliverables  Factor feedback from deferred Fourth Edition Exposure Draft and post publication comments into update  Reposition Chapter 3 (The Standard for PM) as a stand- alone standard  Address key inter-relationships between ISO and PMBOK ® Guide  Ensure PMI Lexicon terminology is represented consistently and identically in the PMBOK ® Guide  Harmonize related content between PMBOK ® Guide, Program, and Portfolio Management standards

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 11 member core committee:  Canada, Greece, Spain, United States  75 content committee members  22 countries  Argentina, Australia, Canada, Columbia, Costa Rica, Germany, Ghana, India, Italy, Mexico, New Zealand, Nigeria, Oman, Pakistan, Saudi Arabia, Romania, Spain, Switzerland, Uganda, United Arab Emirates, United States, Vietnam  57 internal review committee members  Over 500 exposure draft reviewers

 Split chapter 10 “Project Communications Management” into 2 knowledge areas within 2 sections  Section 10: Project Communications Management  Focused Project Communications Management to planning, collecting, storing, and disseminating project information, and monitoring overall communications effectiveness  Moved the report project performance process into the controlling processes  Section 13: Project Stakeholder Management  New Knowledge Area to increase focus on identifying and engaging stakeholders “PMI” is a registered trade and service mark of the Project Management Institute, Inc. ©2012 Permission is granted to PMI for PMI® Marketplace use only.

 Added four planning processes  Scope, Time, Cost, and Stakeholder Management  Reinforces concept that each major Knowledge Area has a planning process focusing on how that area will be planned and executed “PMI” is a registered trade and service mark of the Project Management Institute, Inc. ©2012 Permission is granted to PMI for PMI® Marketplace use only.

 Harmonized definitions found in both PMBOK ® Guide, PMI Lexicon, and other PMI standards  Renamed processes for consistency  Processes creating subsidiary plans named Plan {XXX} Management  Monitoring and controlling processes named Control {XXX}  Cleaned up ITTOs to address “orphans”, update tools & techniques, and improve consistency  Reinforced concept to improve value to project by transforming data to information in order to create knowledge “PMI” is a registered trade and service mark of the Project Management Institute, Inc. ©2012 Permission is granted to PMI for PMI® Marketplace use only.