No. In Professor Hattie’s view it is outdated. There is no evidence for the Bloom hierarchy (neither the earlier nor more recent modifications) and it mixes strategies for thinking (analyze, create) with levels of understanding (knowledge). In Visible Learning we advocate the use of SOLO taxonomy.
Please refer to the following papers on this topic:
Hattie, J. & Purdie, N. (1998) The Solo model: Addressing fundamental measurement issues. In Dart, B. & Boulton-Lewis, G. M. (Eds.) Teaching and learning in higher education. Camberwell, Vic, Australian Council of Educational Research.
Hattie, J.A.C. & Brown, G. T. L. (2004). Cognitive processes in assessment items: SOLO taxonomy (Tech. Rep. No. 43). Auckland, NZ: University of Auckland, Project asTTle.