Since 1996, PMI has set the standard of terminology and guidelines for the project management profession. It's been four years since the Project Management Institute (PMI) published the The Project Management Body of Knowledge (PMBOK®) Guide – Sixth Edition. Deemed as one of the most thorough and detailed editions of them all, the Sixth Edition was rigid, outlining the project lifecycle complete with all of the EEFs (Enterprise Environmental Factors) and OPAs (Organizational Process Assets) that fed into and out of each process group. Project managers would be tested on this and much more to be deemed certified project management professionals.
However, in the last four years, the project management industry has seen tremendous growth.
According to PMI, the profession's labor force is expected to expand by 33% globally through 2027, creating approximately 22 million jobs worldwide.
We have also seen the emergence of hybrid project approaches that capture both agile and waterfall methodologies. With the demand for project managers growing faster than the demand for workers in other occupations over the next 10 years, it is by no surprise that PMI deemed it time to release The PMBOK® Guide – Seventh Edition to capture this rapid change.
In this week's podcast, Christina, Brian and I breakdown The PMBOK® Guide – Seventh Edition and give our thoughts on the changes. To see a quick rundown of what's changed in the Seventh Edition, check out my video on 7 Facts about The PMBOK® Seventh Edition. For our in-depth review and to see whether or not we agreed with the changes, tune in to our newest episode of The Everyday PM.
Have you had a chance to review The PMBOK® Guide – Seventh Edition? If so, what are your thoughts on the changes? Don't forget - if you're a PMI member, you have access to the digital copy of the The PMBOK® Guide – Seventh Edition as part of your membership. Leave your thoughts in the comments section below!
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