Innovation thoughout the PMBOK Guide: A Comparative Annalysis.
Innovation through the PMBOK Guide: A Comparative Analysis Name Institutional Affiliation Abstract A project is one of the principal drivers of the project management sector. Even though the definition of success in project management is still elusive, the steps and processes required to achieve it are available and applicable. It is on that premise that the Project Management Institute (PMI) developed standards of the practice through the Project Management Book of Knowledge (PMBOK) Guide. This guide dictates best practice and generally, adequate measures advising personnel in the project management field on their necessary knowledge areas and the processes entailed. It has been modified over the years (six times now), to merge the practice with current trends. Advancements in the field necessitated frequent updating of the guide to include innovative methods and do away with old features. This paper evaluates the changes in the guides with a significant focus on the novel and creative changes that brought about improvements in the project management sector. Keywords: project management, Project Management Institute (PMI), Project Management Book of Knowledge Guide, Innovation Introduction The Project Management Institute (PMI) was formed in 1969 with the intent of providing leadership in the project management field. It was and still is a not-for-profit organization. The institute was mandated to improve the project management field through several functions. First, the institute by recognizing the gap in…
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