Pmbok Latest Version 4

If you are planning to undergo the Project management professional (PMP) or CAPM

examination in the upcoming few months, you must be sure enough that you are doing your preparations with materials based upon the right PMBOK edition. PMBOK 4th edition is the latest version for PMP examination.

The Latest PMP version, PMBOK or Project Management Body Of Knowledge Guide is tagged "3rd Edition" and was launched in the year 2004. After every four years the PMI or Project Management Institute comes out a latest version of PMBOK and the 4th edition has just been launched to reviewers in spotlight.

The features of moving wave of planning and progressive expansion have been in the Project Management Body Of Knowledge since 2000 edition. Similarly, earlier versions of the Project Management Body Of Knowledge have stated alternative life-cycles and nesting of actions.

Many folks are wondering what will be the changes in the latest version of PMBOK. There are a few additions and deletions to procedures, but mostly work was done in making the model internally dependable and steady. In addition to justifying the variation between the project management plan and project documents PMI also composed a more perfect difference amid contents in the project activities and the project scope statement. The deed encloses more details, but it is at a high altitude. The scope report does not progressively expand as much of the information. It does expand some details, but it also comprises separate information such as the project limitations.

A final notable modification in the outlook of the 4th Edition of PMBOK is the graphics. The facts and figures that reflected the data flow at the beginning of each chapter in the 3rd Edition of PMBOK were a great addition. The 4th Edition has stretched on that concept. The figures at the start of the chapter have been scrubbed out, but they have been restored with a data flow figure for each and every procedure. The data flow figure shows where the inputs are coming from and where the outputs are moving. These diagrams aid to highlight the procedure orientation of the Project Management Body Of Knowledge (PMBOK) Guide.

Few points to explain the changes between 3rd and 4th version of PMBOK- More clarification is provided on several points such as Project Management Plan, the Charter, the scope statement and Project Documents. The procedures were modified to constantly replicate their action oriented temperament. It should be noted that planning to undertake PMP or CAPM examination in next few months-

PMP or Project management professional exam will be based on PMBOK 3rd edition before July 1st, 2009 and later will be based on PMBOK 4th edition.

by: Sandesh Sharma

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