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Future 50 PM leaders

PMI(r) announces 50 young project managers and entrepreneurs with exciting achievements, named them 50 future PM leaders.

The achievements are really wonderful, the only question is, why “future” leaders. They are.

PMBOK 7th available

PMBOK7 is expected to be open at August, 1st, but on July, 1st it became available to PMI members.

Now let’s give an overview of PMBOK7, which includes project management standard and guide.

As many other current methodologies, standards, and frameworks PMBOK moves to concept of principles and domains. That does not mean rejection of traditional tools and processes, but those – as well-known – are described at a Digital platform now. Tools, processes, techniques, and methods are implemented in certain company and project conditions within management domains and according to guiding principles. This approach provides more flexibility to organize projects in the most appropriate way.

PMBOK7 following the concept, founded in PMBOK6 offers 4 project management models: predictive, incremental, iterative and adaptive, and recommends development any types of hybrids. Cynefin and Stacey models are aplicable to define the project model.

PMBOK7 contains:

  • brief standard
  • Guide
  • appendices, among those sponsor role, PMO role, product management vs project management.

Project management standard defines Value management system and 12 guiding principles.

Value delivery system includes 8 functions:

  • Provide Oversight and Coordination
  • Present Objectives and Feedback
  • Facilitate and Support
  • Perform work and contribute insights
  • Apply Expertise
  • Provide Business Direction and Insight
  • Provide resources and Direction
  • Maintain Governance

Internal and External environment are also parts of th value delivery system.

12 Project management principles are:

  • Be a diligent, respectful, and caring steward
  • Create a collaborative project team environment
  • Effectively engage with stakeholders
  • Focus on Value
  • Recognize, Evaluate, and respond to system interactions
  • Demonstrate Leadership behaviors
  • Tailor based on context
  • Build quality into processes and deliverables
  • Navigate complexity
  • Optimize risk responses
  • Embrace adaptability and resiliency
  • Enable change to achieve the envisioned future state.

The Guide includes and describes 8 performance domains:

  • Project
  • Team
  • Development approach and lifecycle
  • Planning
  • Project work
  • Delivery
  • Measurement
  • Uncertainty.

The special chapter Tailoring deals with interconnections between Domains, processes, methods, and artifacts.

Does Agile make impact on project success?

The fast growth of Agile popularity is driven by a myth of its high quality. The professional have another opinion, that Agile approaches are valuable but one of many other approaches, and Agile – as any other management model – has its advantages, challenges and limitations – and thus the appropriate and inappropriate areas of implementation.

Thanks to the projectmanagement.com webinar now we have a research based on 8 years of data collection, which clearly shows that project success does not depend on a certain methodology (see image 1), more of all vast implementation of Agile has no impact on total success rate of IT projects.

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PMP preparation: Learn Knowledge areas and processes

Perfect structured document on PMBOK knowledge areas for PMP preparation: ITTO-sheet-based-on-PMBOK-6th-Edition

Project RFC form by Bill Duncan

Project RFC form by Bill Duncan under CCL license: RFC_Project_BDuncan

View the full list of templates at our special webpage.

Project workflow for PMP preparation

Watch this wonderful and useful video, which clearly explains the consequence of activities in a project according to PMBOK 6th.

I believe it helps you for both project management and PMP preparation.

Enjoy!

 

E-courses sale at Udemy till August, 29th

Last and Large sale of courses.

Learn at any of our courses for $11 only at Udemy.

Watch demo for each course and follow link at our website main page!

Project Management Office online course

Trial video:

The course dealt with defining PMO types, advantages and challenges. You walk through all steps from idea of creating PMO to its iterative improvement.

Lifelong access, 2,5hrs video, examples, assignments & quizzes for $14,99

PMP exam changes since December 15

PMI officially presents the new concept of the PMP exam, which takes place since December, 15th. The new exam contains the following main differences in approach:

  • Three domains: People, Processes, Business environment
  • “Predictive, agile, and hybrid approaches will be found throughout the three domain areas listed above and are not isolated to any particular domain or task.”
  • “About half of the examination will represent predictive project managementapproaches and the other half will represent agile or hybrid approaches.”

Exam contain 35 tasks across three domains:

14 tasks (42%) in the People Domain, 17 tasks (50%) in the Processes domain, and 4 tasks (8%) in Business environment domain.

The detailed contents of tasks are described in the PMI’s “PMP Content Examination Outline”.