Note: For the graded discussion forums, please make your original postings before the due date, to give other students some time to write responses. Original posts should be made by the end of the day on the Friday before the discussion is due.

Also $-$ to get a good discussion going, please write substantial replies to two other students' posts. Simply writing, "I agree" or "Great post!" is not sufficient for full marks in these graded discussions.

Thank you.

The new PMBOK Guide is a significant departure from the older versions. Many organizations have very mature processes based on the $10$ knowledge areas defined in the earlier versions of the PMBOK Guide. These have now been replaced by the $12$ guiding principles of project management $($see below$)$:

$10$ Knowledge Areas:

Integration

Scope

Schedule

Cost

Quality

Resources

Communications

Risk

Procurement

Stakeholders

$12$ Guiding Principles:

Stewardship

Team

Stakeholders

Value

System Thinking

Leadership

Tailoring

Quality

Complexity

Risk

Adaptability and Resiliency

Change

Discuss the impact of this change from various perspectives. For example:

Will this new approach significantly affect how organizations do projects?

Will the $10$ knowledge areas remain relevant in project management?

Why do you think the change in approach occurred?

Which principles do you feel are most relevant and how would you use them in a practical way on a project?

NOTE: You do not have to address all of the above perspectives in your postings. If you wish, you are free to present your own perspective.