Standards Comparison

    PMBOK

    Voluntary
    2021

    Global standard for project management practices and governance

    VS

    WELL

    Voluntary
    2014

    Certification standard for occupant health and well-being

    Quick Verdict

    PMBOK guides project delivery across industries with processes and principles for success, while WELL certifies buildings for occupant health via air, water, and wellness metrics. Companies adopt PMBOK for reliable execution; WELL for talent retention and ESG differentiation.

    Project Management

    PMBOK

    Project Management Body of Knowledge Guide

    Cost
    €€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • Matrix of 5 Process Groups and 10 Knowledge Areas
    • ITTOs defining inputs, tools, techniques, outputs per process
    • Tailoring for predictive, agile, hybrid project approaches
    • Planning-heavy architecture with over 50% processes upfront
    • Integrated change control protecting scope, schedule, cost baselines
    Building Health & Wellness

    WELL

    WELL Building Standard v2

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • On-site performance verification testing
    • 10 core health concepts with preconditions
    • Point-based optimizations for tiers
    • Continuous monitoring compliance pathways
    • Applies to new and existing buildings

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    PMBOK Details

    What It Is

    PMBOK® Guide, published by PMI, is a global standard and framework documenting generally accepted project management practices. It provides a scalable governance benchmark for planning, executing, and delivering projects across industries, evolving from process-based (6th edition) to principle- and domain-based (7th/8th editions) with explicit tailoring for predictive, adaptive, or hybrid lifecycles.

    Key Components

    • **5 Process GroupsInitiating, Planning, Executing, Monitoring/Controlling, Closing.
    • **10 Knowledge AreasIntegration, Scope, Schedule, Cost, Quality, Resources, Communications, Risk, Procurement, Stakeholders.
    • 12 Principles and performance domains (e.g., governance, risk, stakeholders) in modern editions.
    • ITTOs for ~49 processes; no formal certification but aligns with PMP® credentialing.

    Why Organizations Use It

    Drives predictability, reduces overruns via standardized processes (high performers 3x more likely per PMI research), embeds risk/compliance controls, enables common language for stakeholders. Offers voluntary best-practice adoption for competitive edge, auditability, and value delivery.

    Implementation Overview

    Phased rollout: assess gaps, tailor methodology, pilot, train (PMP paths), deploy tools/PMO. Suits all sizes/industries; 12-24 months typical; focuses on minimum artifacts like charters, baselines, change control.

    WELL Details

    What It Is

    The WELL Building Standard (WELL v2) is a performance-based certification framework administered by the International WELL Building Institute (IWBI). It focuses on designing, operating, and verifying buildings to advance human health and well-being through evidence-based strategies. Its people-first approach emphasizes measurable indoor environmental quality and organizational policies over pure sustainability.

    Key Components

    • **10 core conceptsAir, Water, Nourishment, Light, Movement, Thermal Comfort, Sound, Materials, Mind, Community (plus Innovation).
    • 24 Preconditions (mandatory pass/fail) and 102 Optimizations (point-earning).
    • Built on public health and building science research.
    • Certification model: Bronze (40 points), Silver (50), Gold (60), Platinum (80), with concept minimums at higher tiers.

    Why Organizations Use It

    • Enhances occupant health, productivity, and retention.
    • Supports ESG reporting with verified people metrics.
    • Differentiates assets via higher rents and investor appeal.
    • Mitigates risks from poor IEQ; complements LEED.
    • Builds stakeholder trust through rigorous verification.

    Implementation Overview

    • Phased: gap analysis, scorecard, documentation, on-site testing, certification.
    • Applies to new/existing buildings across sectors.
    • Requires third-party review and performance verification.
    • Recertification every 3 years with ongoing monitoring.

    Key Differences

    Scope

    PMBOK
    Project management processes, principles, governance
    WELL
    Building health, air/water quality, occupant well-being

    Industry

    PMBOK
    All industries worldwide, any project type
    WELL
    Real estate, construction, corporate offices globally

    Nature

    PMBOK
    Voluntary standard/guide, no enforcement
    WELL
    Voluntary performance-based certification

    Testing

    PMBOK
    No formal testing, self-tailoring audits
    WELL
    On-site performance verification, third-party testing

    Penalties

    PMBOK
    No penalties, loss of standardization benefits
    WELL
    No legal penalties, loss of certification status

    Frequently Asked Questions

    Common questions about PMBOK and WELL

    PMBOK FAQ

    WELL FAQ

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