PMBOK 7 Short Course

Week One - Twelve Principles

Presenter: Karen
New PMBOK
The Principles & The Performance Domains
 Four Values
• Responsibility
• Respect
• Fairness
• Honesty

The values underpin the 12 principles

The Standard for Project Management
According to PMBOK (2021), “The standard for Project Management provides a
basis for understanding project management and how it enables project outcomes.
The standard applies regardless of industry, location, size or delivery approach.” 

There is more than one way to manage a project. However, the Standard can be
used for predictive (traditional) or adaptive (agile) projects, or hybrid
(combination) projects.

• How will the project be governed?

• What will the project environment be like?
• What is the relationship between the project and the product?

5
Key Terms and Concepts

6
Key Terms and Concepts

7
Value Delivery Components

So, what is a PMO and how does that fit in?

8
12 Principles
Be a diligent, respectful and caring steward • Integrity, care, trustworthiness, compliance

Create a collaborative project team and environment • Culture, values, collaboration, shared objectives

Effectively engage with stakeholders • Alignment, development, contributions

Focus on value • Realisation, outcomes focus, contribution to organisational strategy

Recognise, evaluate and respond to system interactions • Response to environment, synergising, dynamics

Demonstrate leadership behaviours • Communication, negotiation, facilitation, conflict resolution

Tailor based on context • The right approach and the right mix to optimise project success

Build quality into processes and deliverables • Conformity, performance, satisfaction

Navigate complexity • Technology, people and processes

Optimise risk responses • Uncertain events that may impact on project objectives

Embrace adaptability and resilience • Flexibility, resilience, adaptability

Enable change to achieve the envisioned future state • Motivating, change and influences
Be a diligent, respectful and
caring steward
Create a collaborative project
team and environment
Effectively engage with
stakeholders
Focus on value
Recognise, evaluate and respond
to system interactions
Demonstrate leadership
behaviours
Tailor based on context
Build quality into processes and
deliverables
Navigate complexity
Optimise risk responses
Embrace adaptability and
resiliency
Enable change to achieve the
envisioned future state