PMBOK New Version is coming up soon on September 6th 2017. All Project Management Professional’s (PMP’s) and the PMP aspirants in almost all industries adopt significant amount of principles, terms and terminologies defined in the PMBOK guide published and circulated by PMI (Project Management Institute).
PMBOK has been considered as a primary source of preparation for all the PMP exam takers and industry veterans to acquire Project Management related knowledge and wisdom. PMBOK also has been a primary source to bring common understanding on the Project Management Lexicon being used by project management professionals across the globe. PMBOK emphasizes on bringing updated PM Process Groups, Relevant Knowledge Areas and also updated Processes with Inputs, Tools and Techniques, and Outputs which serve as a baseline for many who practice Project Management as such.
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PMI has been off late publishing the PMBOK guide on a frequent intervals of every 3 to 4 years cycle. PMI updates its global standards (such as PMBOK Guide. The Standard for Program Management. The Standard for Portfolio Management. Organizational Project Management Maturity Model OPM3® ) at least every five years in accordance with ANSI Guidelines.
The PMBOK 4th edition was replaced by PMBOK New Version in Dec 2012 with PMBOK 5th edition. PMI has already announced another PMBOK New Version PMBOK 6th edition coming up in the 2017 Q3. Until the new PMBOK 6th edition is not put in place, the PMP exam takers still need to adopt and learn from the PMBOK 5th Edition as such.
PMI has already started the review of the PMBOK 6th edition draft with volunteers and industry experts. For those experts who are interested in getting involved in shaping the upcoming versions of PMBOK, can directly engage with PMI on this space.
In case you want to review the new upcoming PMBOK 6th edition, you may visit PMI.org and then download the review copy. This would require you to be PMI Member already.