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Ricardo: Hello, everyone. Welcome to the Five Minutes Podcast.
Today is the last part of the series of the PMBOK 7th Edition. And if we go back to part one and part two, in part one, I explained the overall concept for me, behind this Edition, this umbrella concept that the PMBOK 7th Edition is not canceling the PMBOK 6th, the 49 processes, the 10 knowledge areas, but it's something like adding a layer on top of it.
That will make it more clear that regardless of your approach, if you understand the 12 Principles and the eight Performance Domains, you can perform, regardless of the approach, you are using. In part two, I explained the 12 Principles and Principles are just to remember; they guide your behavior, and many people asking me: What's the difference between the Principles and the Performance Domains? The Performance Domains are like an answer that the PMI is providing with the areas you should focus on to demonstrate that they desired behavior that the Principles are covering.
So the PMBOK 7th Edition covers these eight Performance Domains. One important point, there is no sequence. So I'm explaining them 'cause they were in order because I'm using the order that they were written on the PMBOK, but it doesn't matter; you can do all of them together at the same time; they are integrated. There is no one that says, oh, this is more important than that one. They are all interconnected and integrated. Okay? And you will see that there are no input tools and techniques and outputs on the PMBOK 7th Edition, okay?
There is a different approach is a principle-based approach. Okay? Again, it does not mean that everything you did in the past has no valid. The PMI standard plus will be in place exactly to show the inputs, tools, and techniques, and outputs if you want to use them as your approach, but now let's go to each of them. Each chapter it's very important when you read, you will see that each of the Performance Domains is divided into three pieces.
In the beginning, there was an explanation of the Performance Domains and what is the expected outcome. And at the end there is, I love that, I love that, there is a how-to check if you are fulfilling that Performance Domains and between these two there is I would say the meet, the content of the chapter, and for me, the best analogy is that you think that every chapter has this opening closing, and the middle is like a small book on stakeholder, on teams, on the development approach.
So every performance domain has a different set of content to explain. So some of them are bigger, some of them are smaller. So this is something very different from the previous one, and you will see that they're not extremely structured or rigid like a previous version. So it is something like, what do I think you should understand on the stakeholder? This is exactly what is the insight, the Performance Domains stakeholder. Okay? So now let’s go to the eight of them.
First of them: Stakeholder. So everything you do, to approach and support your management of the stakeholders and, this address exactly principle number three, effectively engage with stakeholders. So all the communication I'm trying to relate this to the previous version of all the communication piece, all of this management of different interest, power, everything that goes on these Performance Domains. The second is Team Performance Domain. This is extremely linked that with principle number two, create a collaborative project team environment.
And it's also related to the leadership that it's a principle number six and as stewardship also being diligent, so aspects like culture, ethics, leadership, conflict management, negotiation, everything goes on these Performance Domains. The third one is the development of the approach, and this, for me, is one of the best chapters in my personal opinion. These are exactly the Performance Domains that will help you to define and decide what will be your delivering development approach.
Will you use a predictive approach? Will you use iterative agile, or will you use a hybrid? What will be the cadence? And one of the things that I like really like it's there is a chapter inside of the development approach in the life cycle Performance Domaine. That is about how to choose. It's exactly the concept of the Swiss army knife. It's how to choose the best approach for your case or for your project based on your organization and the type of team you have, and the type of delivery you are planning to use.
Performance Domains four is Planning Performance Domain. This is all the coordination of all the estimating time costs estimating all the communication planning. And for me, just between us here, it's very similar, not similar instructor, but similar in content with the planning process group in the previous version. So all that you need to do is to make sure that you have the proper coordination. It's very linked to the development of end life cycle approach, okay?
The fifth one is for Project Work Performance Domain. As I said that the planning is very linked to the planning process group. This one is very close to the execution and the monitoring and control. these combine all the work you should pay attention to make the work, okay? To execute the work, so resource, procurement, learning, change, and these will be related to several principles like enabling change, navigating complexity, a tailor based on context. So all of these will help you to deliver the work you need to do.
And this is the work deliver result, and this is performance number six, is Delivery Performance Domain. That is for me, one of the most relevant principles and the heart of the PMBOK guide is principle number for focus on value. So this is where the requirements, scope, quality cost of change, everything comes to deliver the value you promise or what you are expecting from that project.
And in order to deliver that is number six, you need to be able to measure, and the measurement performance domain does that, and this is for me, I would say the best example of what PMI is trying to do with the PMBOK 7th Edition, on the Measurement Performance Domain, you will see on the content of this chapter combination between baseline, earned value management system, OKR, KPI, Kanban boards, all of these, regardless of your approach.
So this is the idea, so the PMBOK 7th Edition is not telling you, you should use this approach. It's a set of principles and Performance Domains that you can use regardless of your approach. So if you are using an approach that you need to measure and control cost in a very sharp way, you may use Earned Value. If you're approaching is, for example, a predictive, but if you're using an iterative, maybe you can measure it by a Kanban board, where you can see the post-it notes, traveling through the board and see what do I need to do and what is still pending, and the last but not least is uncertainty.
And this uncertainty is an answer that the PMBOK does for VUCA concepts, risks, threats, opportunities. And for me, this is a perfect answer to comply with the four final principles, navigate complexity, optimize risk response, embrace adaptability and resilience and enable change to achieve the vision and future state. So this is exactly what this uncertainty is about.
So if you combine these eight Performance Domains, and if you are able to do the work on these eight areas, regardless of your approach, you deliver better results and better projects. These exactly the aim. So just to recap, stakeholder, themes, development approach, and life cycle planning, project work, deliver, measurements and uncertainty. These are the eight performances that close the PMBOK. And there is also a chapter on the PMBOK talking about tailoring.
And this is exactly the concept about tailoring based on the context you are doing. So there are tailoring approaches that you can see this part three of the PMBOK guide 7th Edition. So I know it's quite a long podcast, but I try to do my best to give you this quick overview. Of course, I plan to do the video, and I'm planning to do something more in deep talking about some of the touches have the PMBOK, but I hope that with these three podcasts, at least you can have a good sense of what PMI just released with the PMBOK 7th Edition.
So I hope you enjoy that. See you next week with another five Minutes Podcast.