Project management principles that will contribute to a projects success.

Name two project management principles that will contribute to a projects success.
How do these principles help contribute to a projects success?
How do these principles align with the four most important values identified by the project management community, according to the Project Management Institute (PMI)?

Full Answer Section

   
  1. Effective Communication: This principle emphasizes open, transparent, and frequent communication among all project stakeholders. This includes the project team, sponsor, client, and any other interested parties.
  • Contribution to Success: Effective communication fosters collaboration, reduces misunderstandings, keeps everyone informed of progress and issues, and allows for timely decision-making.
These principles align with the four core values identified by PMI as crucial for successful project management:
  • Professionalism: Both clear scope and effective communication demonstrate a professional approach to project management.
  • Respect: A clear scope respects everyone's time and resources by ensuring they are focused on the agreed-upon deliverables. Effective communication fosters mutual respect by ensuring everyone has a voice and feels valued.
  • Integrity: Defining a clear scope and communicating openly with honesty and transparency upholds the principle of integrity.
  • Responsibility: Both principles encourage project managers to take ownership of their projects and manage them responsibly by carefully defining the scope and keeping stakeholders informed.
By implementing these project management principles, you ensure a project is focused, well-coordinated, and aligned with the expectations of all involved parties, increasing the overall chances of success.  

Sample Answer

     

Here are two key project management principles that contribute to project success:

  1. Clear and Defined Scope: This principle emphasizes having a well-defined and documented project scope. This includes outlining the project's goals, deliverables, boundaries, and exclusions.
  • Contribution to Success: A clear scope sets expectations for everyone involved, reduces the risk of scope creep (adding features or functionalities outside the initial plan), and ensures the project focuses on delivering the intended value.