PROJECT MANAGEMENT · LEARNING NOTE

Project Management Principles

Practical interpretations of core project-management principles, value, tailoring, quality, risk and adaptability.

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The PMBOK 7 material presents principles as foundational guidance for strategy, decision-making, problem-solving, and professional behavior.

The 12 principles

  1. Be a diligent, respectful, and caring steward
  2. Create a collaborative project team environment
  3. Effectively engage with stakeholders
  4. Focus on value
  5. Recognize, evaluate, and respond to system interactions
  6. Demonstrate leadership behaviors
  7. Tailor based on context
  8. Build quality into processes and deliverables
  9. Navigate complexity
  10. Optimize risk responses
  11. Embrace adaptability and resiliency
  12. Enable change to achieve the envisioned future state

What this means in practice

Focus on value

A project should not be managed only for completion. The team should understand why the work matters.

Tailor based on context

The same delivery method should not automatically be applied to every project. Context matters.

Build quality in

Quality should be considered throughout delivery rather than treated only as a final inspection.

Optimize risk responses

Risk management should lead to useful action, not simply a list of risks.

Embrace adaptability

Projects operate in changing environments. Teams need the ability to respond while maintaining focus on outcomes.

Ethics

The source material also highlights four PMI ethical values:

These are particularly relevant to client communication, estimates, risks, commitments, and reporting.