1.3 CHANGES TO THE PMBOK® GUIDE This edition of the PMBOK® Guide focuses on delivering outcomes regardless of the approach used by the project team. However, project practitioners using the PMBOK® Guide also benefit from some level of understanding of how to deliver projects. This edition is very different from the inputs, tools/techniques, and outputs (ITTOs) from previous editions of the PMBOK® Guide. In the… Continue reading Relationship between Project Management Principles and Project Performance Domains
Introduction
This section describes important information about A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition. It describes the relationship of the PMBOK® Guide to The Standard for Project Management [1],1 changes to the PMBOK® Guide, the relationship to PMIstandards+™ (PMI’s digital platform for standards), and provides a brief overview of the content. 1.1 STRUCTURE OF THE PMBOK® GUIDE In addition to this Introduction, this… Continue reading Introduction
ENABLE CHANGE TO ACHIEVE THE ENVISIONED FUTURE STATE
Figure 3-13. Enable Change to Achieve the Envisioned Future State Remaining relevant in today’s business environment is a fundamental challenge for all organizations. Relevance entails being responsive to stakeholder needs and desires. This requires continually evaluating offerings for the benefit of stakeholders, rapidly responding to changes, and acting as agents for change. Project managers are… Continue reading ENABLE CHANGE TO ACHIEVE THE ENVISIONED FUTURE STATE
EMBRACE ADAPTABILITY AND RESILIENCY
Figure 3-12. Embrace Adaptability and Resiliency Most projects encounter challenges or obstacles at some stage. The combined attributes of adaptability and resiliency in the project team’s approach to a project help the project accommodate impacts and thrive. Adaptability refers to the ability to respond to changing conditions. Resiliency consists of two complementary traits: the ability to absorb impacts and… Continue reading EMBRACE ADAPTABILITY AND RESILIENCY
OPTIMIZE RISK RESPONSES
A risk is an uncertain event or condition that, if it occurs, can have a positive or negative effect on one or more objectives. Identified risks may or may not materialize in a project. Project teams endeavor to identify and evaluate known and emergent risks, both internal and external to the project, throughout the life cycle. Project… Continue reading OPTIMIZE RISK RESPONSES
NAVIGATE COMPLEXITY
A project is a system of elements that interact with each other. Complexity is a characteristic of a project or its environment that is difficult to manage due to human behavior, system behavior, and ambiguity. The nature and number of the interactions determine the degree of complexity in a project. Complexity emerges from project elements,… Continue reading NAVIGATE COMPLEXITY
Build Quality into Processes and Deliverables
Quality is the degree to which a set of inherent characteristics of a product, service, or result fulfills the requirements. Quality includes the ability to satisfy the customer’s stated or implied needs. The product, service, or result of a project (referred to here as deliverables) is measured for the quality of both the conformance to… Continue reading Build Quality into Processes and Deliverables
TAILOR BASED ON CONTEXT
Figure 3-8. Tailor Based on Context Adapting to the unique objectives, stakeholders, and complexity of the environment contributes to project success. Tailoring is the deliberate adaptation of approach, governance, and processes to make them more suitable for the given environment and the work at hand. Project teams tailor the appropriate framework that will enable the… Continue reading TAILOR BASED ON CONTEXT
DEMONSTRATE LEADERSHIP BEHAVIORS
Figure 3-7. Demonstrate Leadership Behaviors Projects create a unique need for effective leadership. Unlike general business operations, where roles and responsibilities are often established and consistent, projects often involve multiple organizations, departments, functions, or vendors that do not interact on a regular basis. Moreover, projects may carry higher stakes and expectations than regular operational functions.… Continue reading DEMONSTRATE LEADERSHIP BEHAVIORS
Recognize, Evaluate, and Respond to System Interactions
A system is a set of interacting and interdependent components that function as a unified whole. Taking a holistic view, a project is a multifaceted entity that exists in dynamic circumstances, exhibiting the characteristics of a system. Project teams should acknowledge this holistic view of a project, seeing the project as a system with its own working… Continue reading Recognize, Evaluate, and Respond to System Interactions