PMBOK 5th edition release

A new release of the PMBOK (5th edition) is already available for all PMI members. It can be downloaded at www.pmi.org.

The Fifth Edition continues to reflect the evolving knowledge within the profession of project management. Like previous editions it represents generally recognized good practice in the profession.

The major updates to the Fifth Edition are summarized below:

■ The content from Section 3 “The Standard for Project Management of a Project” has been
moved to Annex A1.  The new Section 3 addresses project management processes and Process
Groups as in previous editions.

■ A new Knowledge Area has been created called “Project Stakeholder Management” that
increases the focus on identifying and engaging stakeholders. This increases the number of
Knowledge Areas from nine to ten.

■ Four planning processes have been added to reinforce the concept that each major Knowledge
Area has a planning process focusing on how that area will be planned and executed.

A comparison between both releases can be found in these links:

PMBOK v5 - 47 processes

PMBOK v4 - 42 processes