All upgrades are handled by RPM and thus requires little effort from the user in order to move from one version of the console to another.
Simply run the following.
yum upgrade simp-console.rpm
Note: Prior to upgrade you may want to backup your current console install. There are certain folders that it would be best to backup to ensure no data is lost if you choose to downgrade for any reason.
Directories to backup:
/etc/simp/ - Stores configuration
/var/db/simp/ - Default database/dump location
/opt/simp/console - Main console install location