With an emphasis on harmony and cohesion, the Project Management Institute recently updated its four global standards — PMBOK, the Organizational Maturity Model, portfolio management and program management. Here’s a closer look at what’s new.
It’s hard enough to create a four-part harmony if your day job is, say, singing in a barbershop quartet. Imagine, then, if that complex harmony must come in the form of updates to The Project Management Institute’s family of standards. Not quite “Beautiful Dreamer.”
But that was the goal of the recent simultaneous release of updates to PMI’s four globally accepted project management standards, a first for the organization.
The updated standards include:
— A Guide to the Project Management Body of Knowledge (PMBOK Guide) -- Fourth Edition
— The Standard for Program Management -- Second Edition
— The Standard for Portfolio Management -- Second Edition
— Organizational Project Management Maturity Model (OPM3)
Dr. Christie Biehl, PMP, managed and coordinated the concurrent development of what she describes as the "Big Four" foundational standards. She says the results were well worth the effort, which began in 2006 and formally released as