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Updated PMP(r), Exam Changes January 11

Project Management Institute (PMI), has published a revised outline for the PMP(r), exam. These changes will be effective January 11, 2016. For more information, please watch the video below.

What isn’t changing?
The good news is that there will not be any changes to the PMBOK(r), and the exam will still be based on the PMBOK (r) guide. All your existing study materials will be valid after January 11. (Side note: The PMBOK(r), 6th edition will be out in mid 2017.
The exam structure and application criteria are not changing. To be eligible for the exam, you will need to have 3-5 years experience in project management and a high school or college degree plus 35 hours of education training. There are still 200 questions. There are 25 ungraded questions. No penalties for incorrect answers.
What is the future?
PMI is changing some questions in their question banks. 200 questions are randomly selected from a question bank when you take the PMP(r). PMI will be removing some of these questions, and adding new ones.
Why are they doing this?
PMI conducts a Role Delineation Study every 3-5 years. To understand the roles and responsibilities of project managers, the organization will survey thousands. Based on the RDS results, the PMP(r), exam will be updated.
The PMP(r), exam is not intended to be an academic examination of project management. Therefore, most questions are situational. The questions are regularly updated to reflect changes in current circumstances. PMI strives to maintain relevance in the industry by obtaining PMP(r).
What does this change mean for you?
The changes to PMP(r), however, are not significant. You can use the same study materials and study plan. You will still be prepared for the exam.
What new features are being added to the exam?
1. The PMP(r), exam will place more emphasis on stakeholder engagement and management. Building relationships with stakeholders is a two-way process. The old view was that stakeholders would be informed about the progress of the project by the project manager.
2. The total number of tasks increased from 34 to 42. The new tasks are being added by process groups. Please see the table below.
Initiating the Project [3 additional tasks]- Identify key deliverables based upon the business requirements to manage customer expectations and direct project achievement.- Share the approved project charter with stakeholders to ensure that everyone is aware of the key deliverables, milestones and their respective roles and responsibilities.
Planning the Project [1 new task]- Create the stakeholder management plan. This includes analyzing the needs, interests and potential impact. This will help you effectively manage stakeholders’ expectations, and engage them in the project decisions.
Executing the Project [2 new responsibilities]- Manage the flow information by following the communications plan in order for stakeholders to be informed.- Maintain stakeholder relations by following the stakeholder management program in order to receive ongoing support and manage expectations.
Monitoring and controlling Project [2 new tasks] – Archive project materials and documents using generally accepted practices in order to comply statutory requirements and to allow for future audits. – Get feedback from relevant stakeholders using appropriate tools and techniques, based on the stakeholder manager plan, to determine their satisfaction.
Closing the Project (no new tasks)
3. Focus on Business Strategy & Benefits Realization – Project managers are often pulled into projects earlier. Therefore, project managers need to be able to understand how the