PROJECT MANAGEMENT PRINCIPLES

Project Management

Application of knowledge to meet project requirements.

PMBOK

Project Management Body of Knowledge guidelines.

Stewardship

Responsible management of project impacts and compliance.

Integrity

Adherence to moral and ethical principles.

Trustworthiness

Reliability in actions and communications.

Compliance

Adhering to laws and regulations.

Team

Group of individuals with diverse skills collaborating.

Collaborative Environment

Setting that promotes teamwork and shared objectives.

Organizational Culture

Shared values and practices within an organization.

Team Agreements

Behavioral parameters established by project teams.

Accountability

Responsibility for actions and decisions made.

Authority

Right to make decisions and approvals.

Stakeholders

Individuals or groups influencing project outcomes.

Adaptability

Ability to adjust to changing project conditions.

Resilience

Capacity to recover from setbacks in projects.

Risk

Potential for loss or negative outcomes in projects.

Tailoring

Customizing project management processes to fit needs.

Complexity

Intricacy of project elements and interactions.

Financial Impact

Economic consequences of project decisions.

Social Impact

Effects of projects on communities and stakeholders.

Technical Awareness

Understanding of technical aspects in project management.

Sustainable Awareness

Consideration of environmental sustainability in projects.

Professional Conduct

Ethical behavior expected in project management.

Stakeholders

Individuals or groups influencing project success.

Value

Ultimate indicator of project success and benefits.

Business Strategy

Rationale explaining why a project is undertaken.

Systems Thinking

Holistic view of project parts and external systems.

Leadership

Behaviors promoting project success and positive outcomes.

Tailoring

Adapting methods to unique project contexts.

Quality

Meeting acceptance criteria for project deliverables.

Conformity

Deliverable functions as intended by stakeholders.

Satisfaction

Deliverable meets user expectations and feedback.

Sustainability

Deliverable's positive impact on environmental parameters.

Project Justification

Reason for the project related to business strategy.

Value Creation

Focus on outcomes supporting intended benefits.

Project Alignment

Adjusting project to meet business objectives.

Dynamic Circumstances

Constantly changing conditions affecting project performance.

Positive Outcomes

Favorable results achieved through effective project management.

Iterative Process

Continuous adaptation throughout the project lifecycle.

Acceptance Criteria

Standards deliverables must meet for approval.

End Users

Individuals using the deliverable post-project completion.

Unforeseen Failures

Unexpected issues requiring quick recovery.

Holistic View

Considering all project components and their interactions.

Project Objectives

Goals that guide project planning and execution.

Deliverables

Tangible outputs produced during the project.

Metrics

Measurements used to evaluate project performance.

Complexity

Result of human behavior and system interactions.

Value

Importance or worth of project outcomes.

Scope

Defined boundaries and deliverables of a project.

Stakeholders

Individuals or groups affected by project outcomes.

Risk

Potential events impacting project positively or negatively.

Technological Innovation

Advancements causing changes in processes or products.

Ambiguity

State of being unclear or uncertain about expectations.

Uncertainty

Lack of understanding regarding issues or solutions.

Resiliency

Ability to recover quickly from setbacks.

Adaptability

Capacity to adjust to changing conditions.

Change

Transition from current state to desired future state.

Change Fatigue

Resistance due to excessive change in short time.

Stakeholder Engagement

Involvement of stakeholders in project processes.

Risk Attitude

Organization's approach to managing risk exposure.

Risk Appetite

Amount of risk an organization is willing to take.

Risk Threshold

Limit of acceptable risk for a project.

Methods to Reduce Complexity

Strategies to minimize complexity's impact on projects.

Project Life Cycle

Stages a project goes through from start to finish.

Continuous Evaluation

Ongoing assessment of risks and project elements.

Sources of Complexity

Factors contributing to project complexity, like uncertainty.

Project Outcomes

Results achieved upon project completion.

Structured Approach to Change

Organized method for managing transitions effectively.

Motivational Approaches

Techniques to encourage stakeholder acceptance of change.