PMBOK Guide 7th Edition 12 Principles for PMP Exam - 13 Minutes Flat

Leadership Agility Stakeholder

Introduction

This summary provides an overview of the 12 principles outlined in the Pembroke Guide 7th Edition, focusing on project management best practices. These principles cover stewardship, collaboration, stakeholder engagement, value focus, systems thinking, leadership, tailoring, quality, complexity, risk optimization, adaptability and resiliency, and enabling change.

Stewardship: Acting with integrity, care, trustworthiness, and compliance.
Collaboration: Creating a team environment that fosters individual and collective contributions.
Stakeholders: Engaging with all relevant parties to ensure project success and satisfaction.
Value: Focusing on delivering quantifiable benefits to the customer.
Systems Thinking: Understanding and responding to the interactions within and surrounding the project.
Leadership: Demonstrating behaviors that support individual and team needs.
Tailoring: Adapting project management approaches based on the unique context of each project.
Quality: Incorporating quality into both processes and deliverables.
Complexity: Navigating the challenges posed by complex project elements.
Risk: Optimizing responses to both opportunities and threats.
Adaptability and Resiliency: Being flexible and quick to recover from setbacks.
Change: Facilitating the transition to a desired future state.

The guide emphasizes the importance of each principle in contributing to successful project outcomes. It highlights the need for ethical behavior, effective communication, continuous learning, and adaptability. The principles also underscore the significance of understanding and managing the complexities and risks inherent in projects, as well as the critical role of quality and stakeholder engagement.

The principles reflect a shift towards more adaptive and flexible project management approaches, recognizing the dynamic nature of projects. They align with agile methodologies, emphasizing value delivery, stakeholder satisfaction, and continuous improvement. The guide's focus on leadership, adaptability, and change underscores the importance of soft skills and organizational culture in achieving project success.

Ethical stewardship and collaborative environments are foundational.
Stakeholder engagement and value delivery are central to project success.
Systems thinking, leadership, and tailoring are crucial for navigating project complexities.
Quality, risk management, adaptability, and change enablement are key to achieving desired outcomes.

The 12 principles outlined in the Pembroke Guide 7th Edition provide a comprehensive framework for effective project management, emphasizing the importance of adaptability, stakeholder engagement, and value delivery in achieving project success.