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The Project Management Body of Knowledge (PMBOK) is a globally recognized standard for project management practices. The PMBOK Guide is regularly updated to reflect the evolving nature of the project management profession. In this article, we will explore the key differences between the PMBOK 6th Guide and the PMBOK 7th Guide. 1. Structure and Approach: The PMBOK 6th Guide follows a process-based approach, organizing project management knowledge into 10 knowledge areas and 5 process groups. In contrast, the PMBOK 7th Guide introduces a more flexible and dynamic approach, focusing on principles rather than processes. It emphasizes the importance of tailoring project management practices to suit the unique needs of each project. 2. Knowledge Areas: While the PMBOK 6th Guide has 10 knowledge areas, the PMBOK 7th Guide introduces 12 knowledge areas. The new knowledge areas include Stakeholder Management and Resource Management, which were previously incorporated within other knowledg

Here is a chronological sequence of key events in PMI's history: 1969 - Project Management Institute (PMI) is founded by five volunteers. 1970s - PMI holds its first seminars and symposia, which later evolve into PMI's annual Global Congresses. 1980 - PMI reaches 1,000 members and establishes its first chapters. 1984 - PMI introduces the Project Management Professional (PMP) certification. 1991 - The PMI Board of Directors approves the PMI Code of Ethics. 1994 - PM Network, a monthly magazine, is first published by PMI. 1996 - The first edition of "A Guide to the Project Management Body of Knowledge" (PMBOK Guide) is published. 2000 - PMI establishes the PMI Educational Foundation to fund project management scholarships and education. 2002 - The Certified Associate in Project Management (CAPM) certification is introduced. 2004 - Incorporated "ANSI Standard" logo on the cover. 2006 - Membership sur