ErrataSheet-1, Project Management
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PMBOK
®
Guide
– Third Edition
Errata
N
OTE
:
The following errata only pertain to the
first printings
of the
PMBOK
®
Guide
—Third Edition. In order to verify
the print run of your book (or CD-ROM), refer to the bottom of the copyright page (which precedes the Notice page and
Table of Contents). The last numeral in the string beginning "10 9 8" etc. denotes the printing of that particular copy.
Page
Correction
VIII
Bullet points in Preface item 10. (Replace “Activity Resource Estimating (Section 6.3)” with
“Manage Stakeholders (Section 10.4).”)
99
Correct grammar in Section 4.6.2.2 to read, “The project management information system, an
automated system, is used by the project management team as an aid for implementing an
Integrated Change Control process for the project, facilitating feedback for the project and
controlling changes across the project.”
114
Figure 5-6. (Correct two work package numbers: 2.2.2.2 should be 2.2.1.2; and 2.2.2.3 should be
2.2.1.3.)
126
Figure 6-2 (Shorten title of box depicting project management processes 11.2–11.5 to “Risk
Management,” and remove Chapter 3 reference to project management process 11.1 (i.e.,
3.2.2.15).)
175
Second line of text (Change “CPIC” to “CPI
c
”.)
176
Formulas in the first two bullet points (Change “EV” to “EV
c
”.)
256
Figure 11-10 (Numbers should be
millions
of dollars.)
258
Figure 11-12 (Dollar figures be
millions
of dollars.)
259
Figure 11-13 (Figures along the “x” axis should be
millions
of dollars, and figures along the “y”
axis should be percentages.) Also, text in the first and second bullet points of Section 11.4.3.1
should refer to
millions
of dollars.
324
Appendix C (Add “Rodger Oren, MBA, PMP” to Section C.5.)
326
Appendix C (Add “, PMP” after Gurdev Randhawa’s name in Section C.6.)
353
Budget at Completion (BAC) revised definition:
Budget at Completion (BAC).
The sum of all the
budgets
established for the
work
to be
performed on a
project
or a
work breakdown structure component
or a
schedule activity.
The
total
planned value
for the project.
355
Control Account (CA) revised definition:
Control Account (CA)
[Tool]. A management control point where
scope
,
budget
(resource plans),
actual cost
, and
schedule
are integrated and compared to
earned value
for performance
measurement. Control accounts are placed at selected management points (specific
components
at
selected levels) of the
work breakdown structure
. Each control account may include one or more
work packages
, but each work package may be associated with only one control account. Each
control account is associated with a specific single organizational
component
in the
organizational
breakdown structure
(OBS). Previously called a Cost Account. See also
work package
.
As of 3/21/2005
PMBOK
®
Guide
– Third Edition
Page
Correction
359
Discrete Effort revised definition:
Discrete Effort.
Work effort
that is separate, distinct, and related to the completion of specific
work breakdown structure
components and
deliverables
,
and that can be directly planned and
measured. Contrast with
apportioned effort
.
359
Earned Value (EV) revised definition:
Earned Value (EV).
The value of
work
performed expressed in terms of the approved
budget
assigned to that work for a
schedule activity
or
work breakdown structure component
. Also
referred to as the
budgeted cost of work performed
(BCWP).
360
Earned Value Technique (EVT) revised definition:
Earned Value Technique (EVT)
[Technique]. A specific technique for measuring the
performance of work and used to establish the
performance measurement baseline
(PMB). Also
referred to as the earning rules and crediting method.
363
Level of Effort (LOE) revised definition:
Level of Effort (LOE).
Support-type
activity
(e.g.,
seller
or
customer
liaison, project cost
accounting, project management, etc.), which does not produce definitive end
products
. It is
generally characterized by a uniform rate of
work
performance over a period of time determined
by the activities supported.
366
Performance Measurement Baseline revised definition:
Performance Measurement Baseline.
An approved integrated
scope-schedule-cost*
plan for the
project work
against which project execution is compared to measure and manage performance.
Technical and
quality
parameters may also be included.
372
Responsibility Assignment Matrix (RAM) revised definition:
Responsibility Assignment Matrix (RAM)
[Tool]. A structure that relates the project
organizational breakdown structure
to the
work breakdown structure
to help ensure that each
component of the project’s
scope
of
work
is assigned to a responsible person/team.
375
S-Curve revised definition:
S-Curve.
Graphic display of cumulative
costs
, labor hours, percentage of
work
, or other
quantities, plotted against time. Used to depict
planned value
,
earned value
, and
actual cost
of
project work.
The name derives from the S-like shape of the curve (flatter at the beginning and
end, steeper in the middle) produced on a
project
that starts slowly, accelerates, and then tails off.
Also a term for the cumulative likelihood distribution that is a
result
of a
simulation
, a
tool
of
quantitative risk analysis
.
As of 3/21/2005
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