Contemporary Standards in IT Product and Project Development

The changes made to the project management standard and the seventh edition of the guide to the body of knowledge on project management are considered. The authors compared the changes in the approaches described in the previous edition. Examples of the viability of the traditional approach in project management are given. Conceptual changes in approaches to project management are characterized. The authors, based on the analysis, propose to consider the conceptual changes of the seventh edition as an addition, and not as a replacement for the project management standards of the previous edition.