PMI® A guide to the Project Management Body of Knowledge (PMBOK® Guide) Fifth Edition. The PMBOK® Guide – Fifth Edition continues the tradition of excellence in project management with a standard that is even easier to understand and implement, with improved consistency and greater clarification. There are now 47 core process areas and 10 knowledge areas. A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Fifth Edition reflects the colaboration and knowledge of working project managers and provides the fundamentals of project management as they apply to a wide range of projects.
This internationally recognized standard gives project managers the essential tools to practice project management and deliver organizational results. A 10th Knowledge Area has been added; Project Stakeholder Management expands upon the importance of appropriately engaging project stakeholders in key decisions and activities. Project data information and information flow have been redefined to bring greater consistency and be more aligned with Data, Information, Knowledge and Wisdom (DIKW) model used in field of Knowledge Management Four new planning processes have been added: Plan Scope Management, Plan Schedule Management, Plan Cost Management and Plan Stakeholder Management: These were created to reinforce the concept that each of the subsidiary plans are integrated through the overall project management plan.