Pmbok® Guide 7 Edition: Ricardo Vargas Explains The

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RICARDO VARGAS EXPLAINS THE

PMBOK® GUIDE 7 EDITION TH

PRINCIPLES PRINCIPLES

STEWARDSHIP TAILORING
Be a diligent, respectful, and caring Tailor based on context
steward
DESCRIPTION KEYWORDS DESCRIPTION KEYWORDS
You need to care about the project Care Your approach cannot be *”one size fits Predictive
and feel *responsible* and *committed* Honesty all.”* It must be *adapted* to fit the (waterfall)
to delivering the value of the project. Trustworthi- corresponding work, organization, and cul- Iterative
You should oversee the acts in the proj- ness tural aspects, aiming to increase bene- (agile)
ect with the same level of care you use Compliance fits and maximize value. Hybrid
COMMENTS COMMENTS
The *PMI’s Code of Ethics* is related, but it is not There is no *”best”* methodology.
the same thing. There is only a *”right”* methodology for a specific case.
It demonstrates your *duty of care* and your behavior The delivery method can be a *mix* of different ap-

TEAM QUALITY
Create a collaborative project team en- Build quality into processes and deliver-
vironment PMBOK® Guide ables
DESCRIPTION KEYWORDS (Past Editions) PRINCE2® DESCRIPTION KEYWORDS
It is *impossible* to deliver sustain- Collabora- Quality is the way the deliverables *con- Satisfy
able outcomes without a team that *col- tion Extreme nect to the objectives and the value needs
Front-End Programming
laborates* and *works together* to- Teamwork chain*. Your probability of providing busi- No defects
wards the same objective. Team members Culture ness benefits is dramatically reduced Fit for pur-
must use their specific skills aiming to Roles & Re- Loading (FEL) (XP) if you cannot produce project delivera- pose
COMMENTS COMMENTS

Kanban
Team collaboration does not necessarily mean *friend- Quality is all about *fulfilling the requirements*.
ship*. Disciplined Quality *can be* measured.
Agile®
Organizational *culture affects* the way teams work to- Focus on *detection* and *prevention* of errors and mis-
Scaled Agile
Critical Framework® ITIL®
STAKEHOLDERS Chain (SAFe®) COMPLEXITY
PMI Citizen
Effectively engage with stakeholders Navigate complexity
DESCRIPTION KEYWORDS Adaptive Project Agile Developer® DESCRIPTION KEYWORDS
Stakeholders can *influence directly and
indirectly* the project. If you do not en-
Engagement
Individuals Framework (APF) Scrum
You must look for ways of accepting the
complexity of the environment you are in.
VUCA
Ambiguity
gage with them, you may *create threats*
and *miss opportunities* to optimize the
Groups
Organizations DevOps Volatility, Uncertainty, Complexity, and
Ambiguity *(VUCA)* are parts of any proj-
Uncertainty
Volatility
outcomes you should focus on to deliver Hybrid ect. *Shift your focus from avoiding com-
COMMENTS
Others COMMENTS
They can *support* or *oppose* to the project, and Complexity arises from different factors, and most of
their opinion can change over time. them are *outside of our control*.
Stakeholders can be *internal* or *external* to the It can be *increased* or *decreased* at any point of

VALUE STA RISK


TA INTY KE HOL
R
Focus on value Optimize risk responses
C E DER
DESCRIPTION KEYWORDS UN DESCRIPTION KEYWORDS
Successful projects are all about de- Outcomes Risks are part of every single proj- Threats
livering value. It goes *above and beyond Success ect. You need to *proactively assess Opportuni-
simple delivery*. Benefits are realized Business the project exposure* and *respond* ties
when the target stakeholders perceive results effectively to potential threats and Risk toler-
the *positive value of the outcomes* en- Benefits opportunities that may affect the proj- ance
Change Stewardship
NT

COMMENTS COMMENTS
EME

There is *no point in focusing on schedule and on budget* Each organization has a *different tolerance* to risks,
if you do not deliver value. and this affects their actions.
Value can be *realized during or after* the end of a TEA Probability and impact *change* over time.
Team
SUR

Adaptability
M
and Resilience
MEA

SYSTEMS THINKING ADAPTABILITY AND RESILIENCY


Recognize, evaluate, and respond to sys-
tem interactions PMBOK® GUIDE Stakeholders Embrace adaptability and resiliency
SEVENTH EDITION
Risk
DESCRIPTION
Your project is not a bubble. It is a
KEYWORDS
Interdepen- + Focus on
DESCRIPTION
Your resilience will allow you to *”build
KEYWORDS
Recovery
THE STANDARD FOR
*”gear”* of a more extensive system that
includes several other *interdependent
dency
System PROJECT MANAGEMENT Value back better”* after a setback. If you
or your organization are not adaptable
Adaptabil-
ity
agents*. It is your responsibility to thinking and resilient, it will be tough to ac- Reaction
Complexity
CYC CH

make sure these interactions are con- Integration cept change and recover from problems. Diversity
LE
LIFE ROA

Systems
DEL

COMMENTS COMMENTS
It is essential to balance *internal* and *external* Thinking Resiliency is built by improving the *capacity of ab-
AND . APP

perspectives. sorbing impact and recovering*.


IVER

*Systems may change over time* due to internal and ex- Quality Adaptability increases by *focusing on the outcomes*
DEV
Y

Tailoring Leadership
LEADERSHIP CHANGE
Demonstrate leadership behaviors Enable change to achieve the envisioned fu-
ture state
DESCRIPTION KEYWORDS DESCRIPTION KEYWORDS
*Projects are complex efforts*, and they Motivation PRO Change is the only *permanent feature of Psychological
need strong leadership behaviors to get Empowerment JECT IN G
ANN
any project*. You must act as a change safety
the job done. Aspects like *motivation*, Example WO PL
agent and create the *conditions for Enablement
*focus*, *self-awareness*, and *facilitation*
are critical to align the team and over-
Influence
Coaching RK others to adapt* to a rapid and evolv-
ing environment.
Comprehen-
sive
COMMENTS COMMENTS
*Anyone* in the team can demonstrate leadership Change is *NOT* necessarily a bad thing.
skills. Enabling change is the *opposite* of avoiding change.
Leadership is *different* from authority. Keep the *desired outcomes in mind* when evaluating

PRINCIPLES PERFORMANCE DOMAINS


They are the foundation on how we should approach something. Group of related activities that are critical for the delivery of the outcomes.
»  They guide our behavior and actions. »  There is no prescriptive sequence to execute these activities.
»  They are open, and we can apply them in different ways and contexts. »  They can be used with different delivery approaches (predictive, agile, hybrid).
»  They are interconnected. »  They are not processes.
»  There is no specific order or ranking of principles. »  They are interactive, interdependent, and interrelated.

PERFORMANCE DOMAINS
STAKEHOLDER TEAM DEVELOPMENT APPROACH AND LIFE CYCLE PLANNING
DESCRIPTION DESCRIPTION DESCRIPTION DESCRIPTION
Combines a set of activities related to stake- Contains the activities that address the *re- It is the domain where the delivery approach (*pre- Contains the activities associated with the re-
holders, including the engagement process to ensure sponsibilities* associated with the work that must dictive*, *iterative*, *hybrid*) is selected, and the quired *coordination* and *organization* to produce
COMMENTS COMMENTS COMMENTS COMMENTS
Contains relevant elements of *communications*. Includes the *roles* and *responsibilities* within A project may have a *single* deliverable or *multi- Strongly related to the *Development Approach*.
Includes activities to address *supporting* and the team. ple*, *periodic* or *continuos deliverables*. *Predictive planning* uses *WBS* and decomposition
*opposing* stakeholders. Team *culture* must be built, including norms and *Predictive approach* is based on *defined require- models to break down the scope.
*It is not about friendship*. It is about a produc- behaviors. ments*. *Iterative planning* uses the concept of *evaluate
tive relationship. Very connected to the *leadership principle*. *Iterative or adaptive approach* is useful when multiple options* until costs may exceed benefits.
*Stakeholders change* during the project. Includes components of *emotional intelligence*, *criti- there is a *high level of uncertainty*. Describes concepts of *estimating*, *scheduling* and
Not all stakeholders are the same. They have dif- cal thinking* and *motivation*. *Hybrid approach* combines aspects of *both* pre- *budgeting* using different approaches.

PROJECT WORK DELIVERY MEASUREMENT UNCERTAINTY


DESCRIPTION DESCRIPTION DESCRIPTION DESCRIPTION
Addresses all activities related to the *actual Combines the activities and work associated with Includes the activities that allow to *access the Assures that the project contains activities
work* like physical resources, contracting, managing the work’s delivery, including *requirements*, *quali- project performance* to *take actions* to ensure that address *risks*, *uncertainty*, and *VUCA* (vol-
COMMENTS COMMENTS COMMENTS COMMENTS
Includes reviewing the project work using *lessons Requirements can be clear in *predictive develop- It is impossible to evaluate results if you do *not Despite not being mentioned in the guide, the *VUCA*
learned*, *retrospective*, and *lean* methods. ment*. measure them*. concept is a critical aspect of this domain.
Actions related to reducing *work in progress In *adaptive approach*, requirements may only be Measurement goes *above and beyond reporting and Strongly connected to the *System Thinking*, *Complex-
(WIP)* take place in this domain. clear at *later stages*. data*. ity* and *Risk* principles.
Several *procurement* processes happen under Includes aspects of Cost of Quality (COQ) like Measurement is all about *conversations* and *deci- *Early warning* and *environmental scanning* are rele-
the Project Work Domain, especially contracting ac- *prevention* and *correction*. sions* using the data. vant activities to address uncertainty.
tivities. *Stakeholder acceptance and satisfaction* is a Covers *leading* and *lagging* indicators (KPI) and what The “Risk” knowledge area of the PMBOK® Guide 6ed is

RICARDO VARGAS EXPLAINS THE PMBOK® GUIDE 7TH EDITION You can download this document at https://rvarg.as/pmbok7en This infographic is free and cannot be sold.
Based on A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Seventh Edition and The Standard for Explanatory Note: This work does not replace the need to read the PMBOK® Guide and the Standards for Project Become a member of the Project Management Institute
Project Management published by the Project Management Institute, Inc. All principle names and performance domain Management. It is an educational material to help project managers and other professionals to understand the
and download your copy of the guide.
names are ©2021 Project Management Institute, Inc. All rights reserved. publication in an easier and direct way.

The design and customized content are licensed under a Creative Commons Attribution - Non Conception: Ricardo Viana Vargas Revision: Wagner Maxsen Graphic Design: Sérgio Alves Lima Jardim
www.pmi.org
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