Table Of Content2 n d E d .
2nd Ed.
Managing Projects With PMBOK 7 M
A MANAGING PROJECTS
R
I
Connecting New Principles With Old Standards O
MANAGING PROJECTS
N
JAMES W. MARION AND TRACEY RICHARDSON � WITH PMBOK 7
R
I
C
The Guide to the Project Management Body of Knowledge (PMBOK), published H WITH PMBOK 7
A
by the Project Management Institute, provides a roadmap of performance
R
domains designed to support project managers in all phases of project D
S
management. The sheer number of models, methods, and artifacts may leave O
project managers in a quandary about where to start and how to apply the many N C o n n e c t i n g N e w P r i n c i p l e s
components. This book provides a simple explanatory guide for the layman that CoWnnietcht iOngl dN eSwt aPnridnacirpdless
clarifi es the “big picture” of the PMBOK.
With Old Standards
Dr. James W. Marion is an Associate Professor with
Embry–Riddle Aeronautical University Worldwide. He is
currently the Chair of the department of decision sciences. His
experience includes leading large organizations in multiple
product launches in the U.S., Europe, and Asia, as well as M
signifi cant experience with Japanese companies including a
n
NEC and Panasonic. Dr. Marion has a PhD in Organization a
g
and Management with a specialization in Information Technology Management i
n
from Capella University. He holds an MS in Engineering from the University of g
Wisconsin-Platteville, and a MSc and an MBA in Strategic Planning as well as P
r
a Postgraduate Certifi cate in Business Research Methods from The Edinburgh o
j
e
Business School of Heriot-Watt University.
c
t
s
Tracey Richardson is an Associate Professor of Project W
Management at Embry-Riddle Aeronautical University— i
t
h
Worldwide. She has a Doctorate of Organizational Leader-
P
ship from Argosy University’s School of Psychology and is M
a certifi ed Project Management Professional and a Project B
O
Management Institute (PMI)-Risk Management Professional.
K
Tracey is a retired USAF Aircraft Maintenance Offi cer.
7
Portfolio and Project Management Collection
Timothy J. Kloppenborg and Kam Jugdev, Editors
ISBN: 978-1-63742-298-4
DR. JAMES W. MARION
D R . J A M E S W . M A R I O N
DR. TRACEY RICHARDSON
D R . T R A C E Y R I C H A R D S O N
Managing Projects With PMBOK 7
Managing Projects With PMBOK 7
Connecting New Principles With Old Standards
James W. Marion and Tracey Richardson
Managing Projects With PMBOK 7
Connecting New Principles With Old Standards
James W. Marion and Tracey Richardson
Managing Projects With PMBOK 7:
Connecting New Principles With Old Standards
Copyright © Business Expert Press, LLC, 2023.
Cover design by Charlene Kronstedt
Interior design by Exeter Premedia Services Private Ltd., Chennai, India
All rights reserved. No part of this publication may be reproduced,
stored in a retrieval system, or transmitted in any form or by any
means—electronic, mechanical, photocopy, recording, or any other
except for brief quotations, not to exceed 400 words, without the prior
permission of the publisher.
First published in 2022 by
Business Expert Press, LLC
222 East 46th Street, New York, NY 10017
www.businessexpertpress.com
ISBN-13: 978-1-63742-298-4 (hardback)
ISBN-13: 978-1-63742-294-6 (paperback)
ISBN-13: 978-1-63742-295-3 (e-book)
Business Expert Press Portfolio and Project Management Collection
First edition: 2022
10 9 8 7 6 5 4 3 2 1
Description
The Guide to the Project Management Body of Knowledge (PMBOK)
published by the Project Management Institute provides a roadmap of
performance domains designed to support project managers in all phases
of project management. The sheer number of models, methods, and arti-
facts may leave project managers in a quandary about where to start and
how to apply the many components. This book provides a simple explan-
atory guide for the layman that clarifies the “big picture” of the PMBOK.
Keywords
project management; PMBOK; uncertainty; project performance domains
Contents
Chapter 1 Introduction ....................................................................1
Chapter 2 Stakeholder Performance Domain .................................25
Chapter 3 Team Performance Domain ...........................................31
Chapter 4 Development Approach and the
Life Cycle Performance Domain ....................................45
Chapter 5 Planning Performance Domain ......................................49
Chapter 6 Project Work Performance Domain .............................137
Chapter 7 Delivery Performance Domain ....................................165
Chapter 8 Measurement Performance Domain ............................195
Chapter 9 Uncertainty Performance Domain ...............................225
Chapter 10 Tailoring ......................................................................239
References �������������������������������������������������������������������������������������������245
About the Authors �������������������������������������������������������������������������������247
Index �������������������������������������������������������������������������������������������������249
CHAPTER 1
♥Introduction
The seventh edition of the Guide to the Project Management Body of
Knowledge (PMBOK) (PMBOK Guide 2021) ushered in a new era for
the practice of project management. The traditional focus of the PMBOK
was on processes and process guidance: project manager’s approach to
work—be it project phases or entire projects using the sequential elements
of the five process groups (initiating, planning, executing, monitoring,
and controlling, and closing). Also, traditionally, the ten knowledge areas
included guidance for creating and managing all the subplans which together
formed an overall project plan. PMBOK 7 approaches the challenges
associated with managing projects with a different way of thinking. The
first noticeable change is the integration of The Project Management
Standard (2021) into the PMBOK. Instead of dictating processes to
follow, The Project Management Standard emphasizes eleven principles
to consider when managing projects: Stewardship, Team, Stakeholders,
Value, Systems Thinking, Leadership, Tailoring, Quality, Complexity,
Risk, Adaptability and Resiliency, and Change. PMBOK 7 includes eight
performance domains that describe elements which are considered essential
for successfully managing a project. The principles are said to guide the
behavior of project managers as they carry out the project performance
domains. The eight performance domains are Stakeholders, Team,
Development Approach and Life Cycle, Planning, Project Work, Delivery,
Measurement, and Uncertainty. Finally, in addition to performance
domains, PMBOK 7 provides an encyclopedic list of “Models, Methods,
and Artifacts” that are employed to manage projects and manage within the
given performance domains.
The advantage to taking a “principle” versus a “process” approach is
that The Project Management Standard and The PMBOK Guide are no
longer prescriptive in its guidance. This is considered important in an
era where many methodologies and approaches to managing projects