Hi All,

As per PMI Official update, PMBOK 5th edtion based exam will come into force from 31st July 2013.

 Those who are planning to give PMP exam on or after 31st July 2013, should stop focussing on 4th edtion PMBOK and subscribe for PMI membership right now.

By doing so, PDF versions of  5th PMBOK  will be made available effective from 27th  December 2012 as part of member benefits.

Weblink of PMI update is as follows:-

http://www.pmi.org/GLOBALS/StandardsUpdate.aspx?WT.mc_id=www.pmi.org/standardsupdate

Highlights of 5th edition of PMBOK

A Guide to the Project Management Body of Knowledge (PMBOK® Guide) —Fifth Edition reflects the collaboration and knowledge of working project managers and provides the fundamentals of project management as they apply to a wide range of projects. This internationally recognized standard gives project managers the essential tools to practice project management and deliver organizational results.

• A 10th Knowledge Area has been added; Project Stakeholder Management expands upon the importance of appropriately engaging project stakeholders in key decisions and activities.

• Project data information and information flow have been redefined to bring greater consistency and be more aligned with the Data, Information, Knowledge and Wisdom (DIKW) model used in the field of Knowledge Management.

• Four new planning processes have been added: Plan Scope Management, Plan Schedule Management, Plan Cost Management and Plan Stakeholder Management: These were created to reinforce the concept that each of the subsidiary plans are integrated through the overall project management plan.

Regards,

Srinivas