The PMI has released the 4th edition of the Project Management Body of Knowledge, and while the members only-PDF cannot be opened by Mac computers due to an obscure plugin (which was also difficult to install on my Windows computer), this update to the third edition of the PMBOK can be regarded as an important milestone.
Some of the changes focus on removing incoherence between the different chapters, others remove conflicts with other PMI standards. The overall number of processes has been decreased from 44 to 42, and a standard approach for discussing changes and corrective actions etc has been introduced.
As a result of these changes, also the PMBOK glossary has been changed. Somme definitions have been added, others have been removed. In order to provide transparency, we will add the new definitions to our project management glossary but not delete the ones that have been removed from the PMBOK. Instead, we will add to each definition in which PMBOK editions the term has been used. We hope that this accommodates your needs.
With the release of this fourth edition, when does the PMP exam change formats? Or, basically when does the current exam expire? I have been prepping for the current, but I’m not ready yet.
Ryan, the PMI has provided a web application where you can see which edition to study based on your expected exam date: http://www.pmi.org/Resources/Pages/2008StandardsUpdate.aspx
Current exam means PMBOK 3rd edition will expire on 30th June 2009 (last day), after that PMBOK 4th edition exam will continue.