Guide to Stewardship and Sustainable Development in PMBOK 7th Edition
Why Sustainable Development is Important:
Sustainable development in project management is crucial because it ensures the long-term viability of projects by integrating environmental stewardship, social responsibility, and economic prosperity. The PMBOK Guide Seventh Edition emphasizes the importance of stewardship and sustainability in creating value that extends beyond project completion, benefiting both current and future generations.
What Sustainable Development Is:
Sustainable development involves balancing the triple bottom line: people (social), planet (environment), and profit (economics) to meet the project's objectives without compromising the ability of future generations to meet their own needs. It is about taking a holistic approach to project management that considers long-term environmental, social, and economic impacts.
How It Works:
In the context of the PMBOK Guide Seventh Edition, sustainable development in project management includes practices like incorporating environmental considerations into project planning, ensuring social equity and community engagement, and maintaining economic viability. It involves assessing and mitigating negative impacts while maximizing positive outcomes for society, the environment, and the economy.
Exam Tips: Answering Questions on Sustainable Development
1. Understand the principles of sustainable development and how they apply to project management.
2. Be familiar with examples of sustainable practices in various project phases.
3. Pay attention to questions that involve ethical considerations, as sustainable development often involves making choices that are beneficial in the long term.
4. Use the PMBOK Guide's emphasis on value delivery and the broader role of a project manager in influencing projects towards sustainable outcomes.
5. Practice with scenario-based questions to apply sustainable development concepts in real-life project management situations.
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Sustainable Development practice test
Sustainable development is a key concept related to stewardship in project management. It involves managing projects in a way that meets the needs of the present without compromising the ability of future generations to meet their own needs. This means considering the environmental, social, and economic impacts of projects and making decisions that balance these factors. Project managers who practice stewardship through sustainable development aim to minimize negative impacts on the environment, promote social responsibility, and ensure the long-term viability of the project and its outcomes. They consider the entire lifecycle of the project, from planning to execution and beyond, and strive to create value for all stakeholders, including the community and the environment.
Time: 5 minutes Questions: 5
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Project Management Professional Preparation Package (2024)
- Earn 35 PDUs needed for your PMP certification
- 12955 Superior-grade Project Management Professional practice questions.
- Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
- Unlock Effortless PMP preparation: 5 full exams.
- 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
- Bonus: If you upgrade now you get upgraded access to all courses
- Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!