12 Principles of
Project
Managements
Yonas Hagos, PE, PMP
Project Manager, TN, USA
What is a Project ?
It is temporary endeavor undertaken to create a
unique product , service, or result.
Projects have specific objectives
It is characterized by a defined beginning and end
It has constraint of time, resources and scope
12 Principles of Project Management
Stewardship Team Stakeholders Value
Systems
Leadership Tailoring Quality
thinking
Adaptability
Complexity Risk and Change
Resiliency
Stewardship
Integrity Care
Trustworthiness Compliance
Develop a great Team Spirit
Create a Transparency Authority
collaborative
environment
Accountability Responsibility
Engage your Stakeholders
¾Effective communication
¾Regular update
Focus on Value
¾Know the project¶V
Value
Systems thinking
¾Holistic understanding of the project