Key Takeaways
- PMBOK 7th Edition introduced 12 principles that provide guidance for project management behavior rather than prescriptive processes
- The principles are aligned with PMI's Code of Ethics values: responsibility, respect, fairness, and honesty
- Stewardship emphasizes responsible, ethical, and trustworthy conduct in managing organizational resources entrusted to the project manager
- Value delivery is the ultimate measure of project success, focusing on outcomes and benefits rather than outputs alone
- The 12 principles apply across all project types (predictive, agile, hybrid) and industries, providing universal guidance for effective project leadership
PMBOK 7 Principles Overview
The PMBOK Guide 7th Edition marked a fundamental shift in project management guidance. Instead of prescriptive processes, it introduced 12 principles that serve as foundational guidelines for effective project management across all methodologies and industries.
The Shift from Processes to Principles
| PMBOK 6 Approach | PMBOK 7 Approach |
|---|---|
| Process-based (49 processes) | Principle-based (12 principles) |
| Prescriptive steps | Guidance for behavior |
| Knowledge Areas | Performance Domains |
| Inputs, Tools, Outputs | Mindsets and approaches |
Principles are universal truths that guide behavior. They're not step-by-step instructions but rather fundamental beliefs that inform how project professionals should think and act.
The 12 Principles of Project Management
1. Stewardship
Be a diligent, respectful, and caring steward.
Stewardship means being entrusted with the care of the project and organization's resources. Project managers must:
| Responsibility | Application |
|---|---|
| Integrity | Act ethically and honestly |
| Care | Protect organizational interests |
| Trustworthiness | Honor commitments and obligations |
| Compliance | Follow regulations and policies |
| Holistic View | Consider broad organizational impact |
2. Team
Create a collaborative project team environment.
Effective project teams:
| Element | Description |
|---|---|
| Shared Purpose | Aligned on project objectives |
| Trust | Open communication, psychological safety |
| Collaboration | Working together effectively |
| Diversity | Leveraging different perspectives |
| Recognition | Acknowledging contributions |
3. Stakeholders
Effectively engage with stakeholders.
Stakeholder engagement includes:
| Activity | Purpose |
|---|---|
| Identification | Know who affects or is affected by the project |
| Analysis | Understand interests, influence, expectations |
| Engagement | Communicate appropriately with each group |
| Relationship Building | Develop trust and collaboration |
| Expectation Management | Align what stakeholders expect with reality |
4. Value
Focus on value.
Value is the ultimate measure of project success:
| Concept | Meaning |
|---|---|
| Outcomes over Outputs | Benefits delivered, not just deliverables created |
| Business Value | Contribution to organizational objectives |
| Stakeholder Value | Benefits to those affected by the project |
| Continuous Assessment | Regularly evaluate whether value is being delivered |
5. Systems Thinking
Recognize, evaluate, and respond to system interactions.
Projects exist within larger systems:
| Consideration | Example |
|---|---|
| Interdependencies | How project changes affect other initiatives |
| Organizational Context | Culture, politics, structures |
| External Factors | Market conditions, regulations |
| Cause and Effect | Understanding ripple effects of decisions |
6. Leadership
Demonstrate leadership behaviors.
Leadership in project management includes:
| Behavior | Application |
|---|---|
| Vision | Communicating direction and purpose |
| Motivation | Inspiring team performance |
| Adaptation | Adjusting style to situation |
| Influence | Guiding without direct authority |
| Ethical Conduct | Modeling integrity and values |
7. Tailoring
Tailor based on context.
Every project is unique and requires adaptation:
| Factor to Consider | Tailoring Response |
|---|---|
| Project Size | Scale processes appropriately |
| Complexity | Add rigor for complex projects |
| Industry | Apply sector-specific practices |
| Organizational Culture | Align with how work gets done |
| Team Experience | Adjust oversight and documentation |
8. Quality
Build quality into processes and deliverables.
Quality considerations include:
| Aspect | Focus |
|---|---|
| Requirements | Clear acceptance criteria |
| Processes | Quality assurance in how work is done |
| Deliverables | Quality control of outputs |
| Continuous Improvement | Learning and refining |
9. Complexity
Navigate complexity.
Complex projects require:
| Approach | Application |
|---|---|
| Recognition | Identify sources of complexity |
| Analysis | Understand interactions and uncertainties |
| Simplification | Break down when possible |
| Adaptation | Adjust approach as complexity changes |
10. Risk
Optimize risk responses.
Risk management includes both threats and opportunities:
| Activity | Description |
|---|---|
| Identification | Find potential risks early |
| Assessment | Evaluate probability and impact |
| Response Planning | Determine how to address risks |
| Monitoring | Track risks throughout the project |
| Opportunity Capture | Exploit positive risks |
11. Adaptability and Resilience
Embrace adaptability and resiliency.
Projects must be prepared for change:
| Capability | Application |
|---|---|
| Flexibility | Adjust plans as needed |
| Learning | Apply lessons from experience |
| Recovery | Bounce back from setbacks |
| Change Readiness | Expect and prepare for change |
12. Change
Enable change to achieve the envisioned future state.
Projects are vehicles for organizational change:
| Element | Focus |
|---|---|
| Transition | Moving from current to future state |
| Adoption | Ensuring stakeholders embrace changes |
| Sustainability | Making changes stick |
| Resistance Management | Addressing pushback constructively |
Principles Alignment with Ethics
All 12 principles align with PMI's Code of Ethics values:
| Ethical Value | Related Principles |
|---|---|
| Responsibility | Stewardship, Risk, Change |
| Respect | Team, Stakeholders, Leadership |
| Fairness | Value, Quality, Tailoring |
| Honesty | Stewardship, Leadership, Stakeholders |
Key Takeaways
- PMBOK 7 shifted from 49 processes to 12 guiding principles
- Principles provide universal guidance across all project types and industries
- Stewardship emphasizes ethical, responsible management of resources
- Value is the ultimate measure — outcomes matter more than outputs
- Systems thinking recognizes projects exist within larger organizational contexts
- Tailoring adapts practices to project-specific needs
- All principles align with PMI's Code of Ethics (responsibility, respect, fairness, honesty)
What was the key shift introduced in PMBOK 7th Edition?
Which principle emphasizes that project managers should be responsible, ethical stewards of organizational resources?
According to PMBOK 7 principles, what is the ultimate measure of project success?