Missing feature, new shortcut and new function

Hello there, I was watching a tutorial here -

http://cgcookie.com/blender/2014/01/13/using-bisect/

This bisect tool caught my interest and while following it I ran into a little trouble. For the life of me I couldn't find the bisect tool in my menu. Typing in bisect to the space bar search gave me nothing. I must have an older version than what the tutorial is using. This was interesting but it watching wasn't a total loss.

While watching it I saw a really handy way to bevel objects while in edit mode. Highlighting your object while in object mode and pressing Ctrl+b you will enter into bevel mode. Moving your mouse left and right increases or decreases the amount of bevel. Rolling the mouse wheel forwards or backwards increases or decreases the number of faces of the bevelled edges. This will be a handy short cut to be able to soften edges and create nice rounded corners.

The new function I have learnt is part. This function enables you to separate part of an object you have selected while in edit mode. By pressing p, the selected faces will become a separate object which you can select once you have returned to object mode.This part has open ends so you would need to fill them. The handy thing about the bisect tool was that it left a face.

This was more of a warm up tutorial anyway, next time I will be learning how to create bolts and nuts and how to texture them.