PMBOK 7: Principles
Covers foundational principles guiding project management practices.
Stewardship
Integrity / Care / Compliance
Stewardship in project management revolves around three core values: Integrity, Care, and Compliance. Integrity refers to the commitment to uphold ethical standards and transparency in all project dealings. Project managers must ensure that their actions are consistent with the values of honesty and fairness, fostering trust among stakeholders. Care emphasizes the responsibility project managers have towards their teams and stakeholders, ensuring their well-being and professional growth. This includes actively listening to team members and addressing their concerns. Compliance involves adhering to legal, regulatory, and organizational standards, which is crucial for maintaining project legitimacy and stakeholder confidence.
Key Points:
- Integrity: Upholding ethical standards and transparency.
- Care: Prioritizing the well-being of team members and stakeholders.
- Compliance: Adhering to legal and regulatory standards.
Agile/Adaptive/Iterative/Incremental/Hybrid Considerations: In Agile environments, the principle of stewardship takes on a dynamic role, as project managers must continuously adapt to changing circumstances while maintaining integrity and compliance. Agile methodologies encourage collaboration and feedback, which align with the stewardship principle of care. Compliance in Agile projects may require flexibility, as teams often operate under evolving regulations and standards. Thus, while Agile promotes iterative progress, it is essential to ensure that ethical considerations and stakeholder interests remain at the forefront throughout the project lifecycle.