PMBOK 5th Edition: Changes to the Planning Process Group (Part 4 of 4) 6/9

October 30, 2013 at 12:49 pm | Posted in PMI, Study hints | 1 Comment
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This is the sixth installment of my PMBOK 5th Edition overview (and we’re still on the second Process Group):

Because the Planning Process Group contains 24 processes, I broke this overview into four posts to cover all of its processes in smaller, more easily digestible chunks.

Part 4 (this post) will cover the following processes:

  • Plan Risk Management
  • Identify Risks
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Plan Risk Responses
  • Plan Procurement Management
  • Plan Stakeholder Management

The rest of the processes are broken down as follows:

  • Part 1 covered Develop Project Management Plan, Plan Scope Management, Collect Requirements, Define Scope, and Create WBS
  • Part 2 covered Plan Schedule Management, Define Activities, Sequence Activities, Estimate Activity Resources, Estimate Activity Durations, and Develop Schedule
  • Part 3 covered Plan Cost Management, Estimate Costs, Determine Budget, Plan Quality Management, Plan Human Resource Management, and Plan Communications Management.

Let’s launch into the final seven processes of the Planning Process Group!

Changes to the Plan Risk Management process

The Plan Risk Management process now has five inputs:

  • the project management plan – new to this process in the PMBOK 5th Edition
  • the project charter – new to this process in the PMBOK 5th Edition
  • the stakeholder register – new to this process in the PMBOK 5th Edition
  • enterprise environmental factors (EEFs)
  • organizational process assets (OPAs)

In the PMBOK 4th Edition, the Plan Risk Management process included the cost management plan, schedule management plan, and communications management plan as inputs. In the PMBOK 5th Edition, these plans are all subsidiary plans of the project management plan, so they are no longer considered separate inputs.

This process has three tools and techniques:

  • Analytical techniquesnew to the PMBOK 5th Edition
  • Expert judgment – new to this process in the PMBOK 5th Edition
  • Meetings – renamed in the PMBOK 5th Edition. It was referred to as planning meetings and analysis in the PMBOK 4th Edition.

The output of this process is the risk management plan.

Changes to the Identify Risks process

The Identify Risks process now has 13 inputs:

  • the risk management plan
  • the cost management plan
  • the schedule management plan
  • the quality management plan
  • the human resource management plan – new to the PMBOK 5th Edition
  • the scope baseline
  • activity cost estimates
  • activity duration estimates
  • the stakeholder register
  • project documents
  • procurement documentsnew to the PMBOK 5th Edition
  • enterprise environmental factors (EEFs)
  • organizational process assets (OPAs)

There are no changes to the tools and techniques used by this process. In addition, this process still has a single output: the risk register.

Changes to the Perform Qualitative Risk Analysis process

The Perform Qualitative Risk Analysis process has two new inputs. The five inputs to this process are:

  • the risk management plan
  • the scope baseline – new to this process in the PMBOK 5th Edition
  • the risk register
  • enterprise environmental factors (EEFs) – new to this process in the PMBOK 5th Edition
  • organizational process assets (OPAs)

The project scope statement is no longer listed as an input because it is part of the scope baseline.

The tools and techniques used by this process have not changed.

The output of this process is project document updates. Risk register updates are no longer outputs of this process because the risk register is part of the project documents.

Changes to the Perform Quantitative Risk Analysis process

The Perform Quantitative Risk Analysis process now has six inputs:

  • the risk management plan
  • the cost management plan
  • the schedule management plan
  • the risk register
  • enterprise environmental factors (EEFs) – new to this process in the PMBOK 5th Edition
  • organizational process assets (OPAs)

The tools and techniques used by this process have not changed.

The outputs of this process are project document updates. Like in the Perform Qualitative Risk Analysis process, risk register updates are no longer listed as outputs of the process because the risk register is part of the project documents that can be updated during this process.

Changes to the Plan Risk Responses process

The Plan Risk Responses process was not changed very much. The inputs, tools/techniques, and outputs of this process are the same. The only changes I see in this section of the PMBOK is an expanded explanation of the strategies for negative and positive risks.

Changes to the Plan Procurement Management process (formerly the Plan Procurements process)

For this process, there was a name change in the PMBOK 5th Edition: Plan Procurements was changed to Plan Procurement Management.

The Plan Procurement Management process now has nine inputs:

  • the project management plan – new to this process in the PMBOK 5th Edition
  • the requirements documentation
  • the risk register
  • activity resource requirements
  • the project schedule
  • activity cost estimates
  • the stakeholder register – new to this process in the PMBOK 5th Edition
  • enterprise environmental factors (EEFs)
  • organizational process assets (OPAs)

There are two new tools used in this process. The tools and techniques used by this process are as follows:

  • make-or-buy analysis
  • expert judgment
  • market research – new to the PMBOK 5th Edition
  • meetings – new to this process in the PMBOK 5th Edition

Contract types, which was a tool listed in the PMBOK 4th Edition, is now discussed in Section 12.1.1.9: Organizational Process Assets.

This process has one new output. The seven outputs of this process are as follows:

  • the procurement management plan
  • the procurement statement of work
  • procurement documents
  • source selection criteria
  • make-or-buy decisions
  • change requests
  • project document updates – new to this process in the PMBOK 5th Edition
Introducing the Plan Stakeholder Management process – NEW IN PMBOK 5th EDITION

The Plan Stakeholder Management process is a new process to the Planning Process Group and the Project Stakeholder Management Knowledge Area. This process creates the stakeholder management plan that is used to develop the management strategies to effectively engage stakeholders in the project.

The Plan Stakeholder Management process has four inputs:

  • the project management plan
  • the stakeholder register
  • enterprise environmental factors (EEFs)
  • organizational process assets (OPAs)

This process has three tools/techniques: expert judgment, analytical techniques,  and meetings. The analytical techniques include stakeholder engagement assessment matrix and other techniques.

This process has two outputs: the stakeholder management plan and project document updates.

That covers all the processes for this post and completes the Planning Process Group. Watch in the coming days for the posts covering the changes to the Executing, Monitoring and Controlling, and Closing Process Groups.

Drop  me a line if you have any questions! I would love to hear from you….

-Robin

1 Comment »

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  1. tnx


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