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Hello, everyone; welcome to the Five Minutes Podcast. Today, I like to address a misunderstanding that many people are facing, why reading the new standard and the new PMBOK Guide 7th Edition and comparing it with the 6th Edition and another document. And I want to start by talking about Stakeholders. If you go back to the PMBOK 6th, the Principles in the Performance Domains, you will see topics covering Stakeholders management in the three documents. For example, if you go to the Principles, you will see the Principle effectively engaged Stakeholders.
If you go to the Performance Domains of the PMBOK 7th Edition, you'll see that the first one is Stakeholders. If you go to the PMBOK 6th Edition, you'll see that the last knowledge area on the guide is Stakeholders. So what does the difference between having Stakeholders on these three documents? Why do we need to have it on three different documents? Why not have it in just one? So let me try to explain the intent of each of these documents. Let me start with the Principles.
So the Principles try to explain is rational, why you should care about the effectively, engage Stakeholder. So if you go to the Principles, it doesn't tell you how to do that. It doesn't tell, okay, take the hands of the stakeholder and do this and have a meeting, or call the stakeholder. No, it's not a core around that. The Principles only explain to you why and the rationale of doing that. So why it's important to engage stakeholders.
And so if you go there to the few pages of this Principle, you will see, they will say stakeholders are critical because they influence your projects in your activities and your travel to delivering value. In many ways, that can increase or decrease risks., they are our clients, they can provide inputs, they can be suppliers, they can be other groups inside the organization that will exercise influence in your project. And this is why it's so important if you really want to deliver value that to effectively engage them a full stop.
It doesn't tell oh for you to engage them; you should do a, B or C. No. However, when you go to the PMBOK 7th Edition and you go to the Performance Domain Stakeholder, then you will see some activities and the approach that you can take to answer in full-field that brings a spot. So you will see on the Performance Domains a set of activities that you can take to engage stakeholders. You will see some aspects of communication on it, and you will see some parts of integration on it, talking about how you should manage the stakeholder.
And then You may ask me, okay, if you're talking that the Performance Domains they called on the PMBOK 7th Edition is how to do things. So what's the difference between this and the knowledge area stakeholder on the previous edition of the PMBOK. The difference is how deep and prescriptive is the PMBOK Guide towards that knowledge area. If we go back to the 6th Edition and you will see that the Stakeholder Knowledge Area, you will see four clear processes: Identify Stakeholder, Plan the Engagement of Stakeholders, Manage the Stakeholder, and Monitor Stakeholder.
And each of these has inputs, tools and techniques, and outputs. If you go to the Performance Domain Stakeholder on a new edition, you will not see these inputs, tools and techniques, and outputs because the new PMBOK is principle-based. So you will see on the Performance Domains Stakeholder a much more holistic way. So what is the idea here? So when you read the stakeholder chapter on the new PMBOK, you will see that there are all the aspects. So it's something like an overarching way of managing and engaging stakeholders.
One of them is the one described in the PMBOK 6th Edition, but you can have different ones. You can create your own, and this is the main difference between the PMBOK 7th Edition and the 6th Edition. The PMBOK 7th Edition is not a full replacement of the 6th Edition; as I said in my podcast series is about the PMBOK. So remember, the PMBOK 7th Edition is like an umbrella that covers PMBOK 6th Edition but also covers PRINCE2, Scrum agile, Kanban, whatever you may want to use as your delivery approach.
So this is the difference. So you can steal, I would say a comply; I don't like the word comply, but you can still comply with the Principles of engaged Stakeholder with the Performance Domain Stakeholder, and the Knowledge Area Stakeholder it, if you want to use the approach of the PMBOK 6th Edition, but you can use the Principle Stakeholder and the Performance Domain Stakeholder, and at the detailed approach that his prescribing by in the automatic, you can use PRINCE2, you can use a Scrum, whatever.
So this is the main difference. This is why you see these. And I'm not saying, please, that you will find a Performance Domains that is exactly the Principle; otherwise, we will have 12 Performance Domains and 12 Principles, and this is not the case but in the case of stakeholders,
So this is the main difference. This is why you see these. And I'm not saying, please, that you will find a Performance Domains that is exactly the Principle; otherwise, we will have 12 Performance Domains and 12 Principles, and this is not the case, but in the case of stakeholders, it's very clear because it's one of the biggest tasks that all of us as project managers, scrum masters, delivery team, whoever you want to call your role in your work needs to do, to deliver successful projects in delivering the value we aim, okay?
So I hope we will find this podcast useful and to you next week with another Five Minutes Podcast.
