Principles of Project Management

Running head: PRINCIPLES OF PROJECT MANAGEMENT
Principles of Project management
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1PRINCIPLES OF PROJECT MANAGEMENT
Table of Contents
Overview..........................................................................................................................................2
1. PMBOK knowledge areas and processes....................................................................................2
1.1 Analyzing impact of PMBOK knowledge areas and processes in project prcatices and
PMI’s code of ethics....................................................................................................................2
2. Critical comparison and contrast on project management approaches........................................3
2.1 Role of project management approach..................................................................................3
3. Project management tools and techniques for risk mitigation.....................................................5
4. Leadership styles for managing project situations.......................................................................6
References........................................................................................................................................8

2PRINCIPLES OF PROJECT MANAGEMENT
Overview
Project Management Body of Knowledge (PMBOK) is a collection of best practices,
processes, terminologies and guidelines those are accepted as standards in project management
industries. Uber has introduced a new app mainly for going benefits to the drivers and driving
partners. The new driver app would help to earn smarter with huge and real time information.
The new app is very reliable and user friendly (Svejvig & Andersen, 2015). The new app is
collaborated with drivers as well as delivery partners around all over the world. The approved
case study selected for presenting the reflection is Uber’s new driver app. The role of PMBOK
practices for managing projects are elaborated in this paper.
In addition to that, PMI’s codes of ethics are also illustrated in this paper. A critical
comparison and contrast has also been conducted among different project management
approaches. Apart from that in order to manage difficult project situations the leadership styles
that are needed are also elaborated in this paper. It is determined that, while conducting project
potential risks can occur (Machado, Pinheiro & Tamanini, 2015). In order to manage or resolve
those risks possible risk mitigation tools and techniques are needed to be adopted by the project
managers and project team members. Some of these risk management tool and techniques are
also elaborated in this reflection. This reflection is prepared considering project management
prcatices, theories and models.