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Ten attended the virtual Stammtisch that was held using Microsoft Teams. The topic of discussion was “PMBOK@ 7.0”.

Free download of PMBOK@ 7.0 is available to PMI members.

Previously the standard for Project Management included in past PMBOK@ Guides aligned the project management discipline and function around a collection of business processes. Those business processes enabled consistent and predictable practices. While effective in supporting good practice, process-based standards are prescriptive by their very nature. With project management evolving more rapidly than ever before, the process-based orientation of past editions cannot be maintained in a manner conducive to reflecting the full value delivery landscape. Therefore this edition shifts to a principles-based standard to support effective project management and to focus more on intended outcomes rather than deliverables. Another significant change with this edition of the PMBOK@ Guide is a systems view of project management. This shift begins with a systems view of value delivery as part of the Standard for Project Management and continues with the presentation of the PMBOK@ guide content. A systems focus for value delivery changes the perspective from one of governing portfolios, programs and projects to focusing on the value chain that links those and other business capabilities to advancing organisational strategy. It was agreed that the principles articulated in this version of the PMBOK@ are good but there is no mention of culture and how it may impact project management. A very good book of Benefit Realisation is available in this link. The next Stammtisch will be held on Thursday 24th March 2022 at 19:00. The topic of discussion is “Impact of culture on project environment”.