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Wednesday, March 4, 2009

Changes in PMBOK guide 4th edition

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Good Side
1. Simple English grammar correction in place of lengthy names
2. Better clarity in WBS and use of control account vs earlier code of accounts etc
3. Great relief on removal of Preliminary scope
4. Great effort in introducing Requirement Gathering and its techniques
5. Procurement management made simple
6. Great work in introducing Project Documents instead of *.files
7. EVM TCPI worked out better
8. Forecasting pointers a good help
9. Communication help is a plus
10. Better flow diagrams and guide organization like glossary classification a definite plus
11. more

Future Good side
1. Clarity on Project governance? Wonder why restricting to Control aspect?
2. Could have kept PMB as BAC. why redundancy ?
3. Strange to see that redundant short forms used (RBS in HR and RBS in Risk).
4. Too much emphasis on the obvious a.k.a Interpersonal skills (personnel skills than project management). Instead could have considered improvements in 5 and 6.
5. QC/statistical t-t could have been added as that would be technically used for project inference.
6. Quantitative Risk Analysis could have been elaborated support on Distribution graphs instead of simply hinting on beta, triangular, normal etc.
7. NPV, IRR, etc could have been organized as part of Initiation !
8. Swim lanes would have been a better option in place of Flow Diagrams

Overall personal view is that the guide is a promising improvement.

Disclaimer note: The above comments are independent views and bears no recommendations. Individuals are recommended to take their own decisions and not be influenced by the above views. PMI owner of PMBOK guide.


http://guruttam.com

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