{"id":13790,"date":"2021-01-15T12:42:22","date_gmt":"2021-01-15T20:42:22","guid":{"rendered":"https:\/\/clickup.com\/blog\/?p=13790"},"modified":"2024-03-21T13:18:15","modified_gmt":"2024-03-21T20:18:15","slug":"project-management-principles","status":"publish","type":"post","link":"https:\/\/clickup.com\/blog\/project-management-principles\/","title":{"rendered":"12 Key Project Management Principles (Essential Guide)"},"content":{"rendered":"<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"http:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What are the principles of project management?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Must be a project\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What are the basic principles of project management?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Though there are differing opinions on the finer points, the basic principles of project management include the following: a clearly defined project through structure, deliverables, and strategy; clearly identified team roles, including the project manager, and the establishing of values such as organizational alignment, communication, transparency, accountability, risk management, and performance measurement.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How many project management principles are there?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"There are 12 principles, which can be grouped into 3 buckets - defining the project, defining roles and responsibilities, and establishing values.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n<p>There\u2019s a<strong>\u00a0lot<\/strong>\u00a0that goes into\u00a0<a href=\"https:\/\/clickup.com\/teams\/project-management\" rel=\"noreferrer noopener\" target=\"_blank\">managing projects<\/a>.<\/p>\n<p>Budgeting, gaining approval from your <a href=\"https:\/\/clickup.com\/blog\/project-stakeholders\/\">project stakeholders<\/a>, creating your team, monitoring progress, drafting reports\u2026.<\/p>\n<p><em>And that\u2019s just the tip of the iceberg!<\/em><\/p>\n<p>If you\u2019re screaming internally, don\u2019t worry!\u00a0<\/p>\n<p><em>Here\u2019s something to help you out:<\/em><\/p>\n<p>Project management principles act as a trusty compass while you\u2019re navigating the entire project management process.<\/p>\n<p>In this article, we\u2019ll explain what these\u00a0basic project management principles are, their advantages, and how you can use them to manage successful projects.<\/p>\n<div class=\"ub_table-of-contents\" data-hidetext=\"hide\" data-initiallyhideonmobile=\"false\" data-initiallyshow=\"true\" data-scrolltype=\"auto\" data-showtext=\"show\" id=\"ub_table-of-contents-266ad1be-b133-48d0-84a3-cb02993f1c2b\">\n<div class=\"ub_table-of-contents-header-container\">\n<div class=\"ub_table-of-contents-header\">\n<div class=\"ub_table-of-contents-title\">This Article Contains:<\/div>\n<\/div>\n<\/div>\n<div class=\"ub_table-of-contents-extra-container\">\n<div class=\"ub_table-of-contents-container ub_table-of-contents-1-column\">\n<ul>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#2-principle-1-must-be-a-project\">Principle 1: Must be a project<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#3-principle-2-a-clear-project-structure-\">Principle 2: A clear project structure<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#7-principle-3-identifying-project-deliverables\">Principle 3: Identifying project deliverables<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#8-principle-4-allocation-of-project-budgets\">Principle 4: Allocation of project budgets<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#9-principle-5-clear-strategy-for-execution\">Principle 5: Clear strategy for execution<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#11-principle-6-ownership-by-a-project-manager-or-project-sponsor\">Principle 6: Ownership by a project manager or project sponsor<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#12-principle-7-assigned-team-roles-and-responsibilities\">Principle 7: Assigned team roles and responsibilities<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#14-principle-8-clear-communication-between-team-members\">Principle 8: Clear communication between team members<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#15-principle-9-alignment-across-the-organization\">Principle 9: Alignment across the organization<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#16-principle-10-transparency-and-accountability\">Principle 10: Transparency and accountability<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#17-principle-11-risk-management-and-detection\">Principle 11: Risk management and detection<\/a><\/li>\n<li><a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/#18-principle-12-measurement-of-project-progress\">Principle 12: Measurement of project progress<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p>Let\u2019s get started.<\/p>\n<h2 class=\"wp-block-heading\" id=\"0-what-are-the-principles-of-project-management\">What Are The Principles Of Project Management?<\/h2>\n<p>Project management principles are\u00a0fundamental concepts\u00a0that you can use for successful project management.<\/p>\n<p>Pretty simple, right?<\/p>\n<p><em>So what are the basic principles of project management that\u00a0<\/em><a href=\"https:\/\/clickup.com\/blog\/what-makes-a-good-project-manager\/\" rel=\"noreferrer noopener\" target=\"_blank\"><strong><em>every<\/em><\/strong><em>\u00a0project manager<\/em><\/a><em>\u00a0should swear by?\u00a0<\/em><\/p>\n<p>We\u2019ve grouped these 12 into 3 buckets.<\/p>\n<p>Let\u2019s take a look:<\/p>\n<h2 class=\"wp-block-heading\" id=\"1-defining-a-project\">Defining a Project<\/h2>\n<h3 class=\"wp-block-heading\" id=\"2-principle-1-must-be-a-project\">Principle 1: Must be a project<\/h3>\n<p>The most basic principle is that there must be a project.<\/p>\n<p>Let\u2019s take the <a href=\"https:\/\/www.pmi.org\/about\/learn-about-pmi\/what-is-project-management\" rel=\"noreferrer noopener\" target=\"_blank\">definition of a project<\/a> by the Project Management Institute: to qualify as a project, the work must be a temporary endeavor and its goal is to create value.<\/p>\n<p>Since project management is a tool used to effectively manage a project, the principles of project management should apply to this definition.<\/p>\n<p>Activities such as responding to tickets or editing content, therefore, do not count as a project.<\/p>\n<h3 class=\"wp-block-heading\" id=\"3-principle-2-a-clear-project-structure-\"><strong>Principle 2: A clear project structure<\/strong><\/h3>\n<p>A key principle in a\u00a0<a href=\"https:\/\/clickup.com\/blog\/how-to-make-a-project-plan\/\" rel=\"noreferrer noopener\" target=\"_blank\">project management plan<\/a>\u00a0during the definition phase is the project structure.<\/p>\n<p>Without it, your project will fall apart faster than a Jenga tower!<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"jenga blocks falling on boy\" decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/RmGjyfo5BP1ql18vpRW0Zt0AFbnuKKNWdyv5V1pVO5oecUh-0emwQm1Uhbi77mjCpCKjjq3RELvF9-U9J7R2QGyS05H24Xn1QUFsJm0Gtu-hLwAtViMsB7DyJlF4Ch6Bdwspxctl\"\/><\/figure>\n<\/div>\n<p>Here are three components that need to be defined:<\/p>\n<h4 class=\"wp-block-heading\" id=\"4-a-project-goals\">A. Project goals<\/h4>\n<p><em>How do you start something, if you don\u2019t know what you want to do in the first place?<\/em><\/p>\n<p>Determining a goal will set things in motion, and will help you create the project structure. Start by asking yourself what the <a href=\"https:\/\/clickup.com\/blog\/project-requirements\/\">project requirements<\/a> are, what needs to be done\u00a0<strong>and<\/strong>\u00a0why.<\/p>\n<p>As a project manager, you need to clarify the project goal and make it universally understood by\u00a0<strong>everyone\u00a0<\/strong>involved in it.<\/p>\n<p><em>But how do you set<\/em><a href=\"https:\/\/clickup.com\/blog\/project-goals\/\" rel=\"noreferrer noopener\" target=\"_blank\"><em>\u00a0project goals?<\/em><\/a>\u00a0And what\u2019s the difference between\u00a0<a href=\"https:\/\/clickup.com\/blog\/goal-vs-objective\/\" rel=\"noreferrer noopener\" target=\"_blank\">goals and objectives<\/a>?<\/p>\n<p><a href=\"https:\/\/clickup.com\/blog\/free-project-management-software\/\" rel=\"noreferrer noopener\" target=\"_blank\">Free project management tools<\/a>\u00a0like ClickUp make setting goals and objectives a piece of cake.<\/p>\n<h4 class=\"wp-block-heading\" id=\"5-b-project-timeline\">B. Project timeline<\/h4>\n<p><em>No one gets an unlimited time frame to finish a\u00a0project.<\/em><\/p>\n<p>(unless you can reverse time like Dr. Strange)<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"dr strange doing a spell\" decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/CL5yHfFgKt4vcvXeZlIo1FVCRIceg65NPLrDBtKGhxcp4VDcN0tustjjXV784a-L1PDWnl1_HJJmm3jibP9YTCQBdnrGd9y80dM69_qy0TgcM-xZw1SELx9jt7ChhSXSujgkddGq\"\/><\/figure>\n<\/div>\n<p>For quick project completion,\u00a0you need to <a href=\"https:\/\/clickup.com\/blog\/project-timeline\/\">have a\u00a0<strong>clear<\/strong>\u00a0project timeline<\/a>.\u00a0<\/p>\n<p>It contains the tasks that need to be done, and their start and end dates.\u00a0<\/p>\n<p>It also indicates the order in which tasks need to be tackled.<\/p>\n<h4 class=\"wp-block-heading\" id=\"6-c-milestones\">C. Milestones<\/h4>\n<p>You should first define milestones and then divide your timeline into these important milestones.<\/p>\n<p><em>What\u2019s that?<\/em><\/p>\n<p><a href=\"https:\/\/clickup.com\/blog\/project-milestone-examples\/\" rel=\"noreferrer noopener\" target=\"_blank\">Milestones are indicators<\/a>\u00a0that help you understand when the project has entered a new phase.<\/p>\n<p>For example, if your team is moving from milestone to milestone in just a few days; you know they\u2019re working faster than The Flash on caffeine!<\/p>\n<p>And if there is a long gap between two milestones, you\u2019ll need to make sure they move into high gear.<\/p>\n<p>With this approach, you\u2019ll be able to stick to the project schedule.\u00a0<strong>Always.\u00a0<\/strong><\/p>\n<p><em>Phew!<\/em><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"woman showing relief\" decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/Weh9ssGQt0k8bo_7A5O2FSpSBsKwaQ6dkSkEjs-XFg1xMbIw5s0lgxeTTnvx0nPJIDCM72Qn0bgtFHseZ5pknHZIQa_mScO-WkN8ot_3g-aLYurcVcJAlU7KMlci9hNb1ybNmx6Y\"\/><\/figure>\n<\/div>\n<p>Here\u2019s another thing: milestones boost team morale.\u00a0<\/p>\n<p>Because remember,\u00a0<strong>everybody<\/strong>\u00a0likes visible progress.<\/p>\n<h3 class=\"wp-block-heading\" id=\"7-principle-3-identifying-project-deliverables\">Principle 3: Identifying project deliverables<\/h3>\n<p>The next project management principle is defining <a href=\"https:\/\/clickup.com\/blog\/project-deliverables\/\">project deliverables<\/a>.<\/p>\n<p>Deliverables refer to any unique result or product that\u2019s related to a particular process or phase of the project.<\/p>\n<p><em>So how do you define project deliverables?<\/em><\/p>\n<p>Start by asking yourself the correct questions such as:<\/p>\n<ul>\n<li>What is the <a href=\"https:\/\/clickup.com\/blog\/project-objectives\/\">project objective<\/a>?<\/li>\n<li>What do you need in order to achieve that objective?<\/li>\n<li>How long will this take and <a href=\"https:\/\/clickup.com\/blog\/project-cost-risk\/\">how much will it cost<\/a>?<\/li>\n<\/ul>\n<p>These types of questions will help you determine the project deliverables and project requirements.<\/p>\n<p>Here are a few examples of deliverables your team might have to work on:\u00a0<\/p>\n<ul>\n<li>For a <a href=\"https:\/\/clickup.com\/blog\/web-design-workflow\/\">web design<\/a> project, deliverables might include developing a mockup<\/li>\n<li>For a marketing project, a deliverable might be a zany commercial<\/li>\n<\/ul>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"tide man dancing funny\" decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/0T3ra8aJSaAfm1-syzYXbAvaTqyPv_J5Js2LlMPJ__QoHJtZqV2z2BnZtoshWztebM59Z2EulEd4Bjf8Yn2fjG5rGGhBoYDTI9YE1JLuvrRw7hpsXWi6ZIhEeDRhdIfk_8MbBr1b\"\/><\/figure>\n<\/div>\n<p><em>Looks like things are finally looking up for Jim from \u2018Stranger Things!\u2019\u00a0<\/em><\/p>\n<p>There\u2019s another benefit of having well-defined deliverables in advance.<\/p>\n<p>You won\u2019t have to scramble to add new deliverables midway through the project.<\/p>\n<p>Not only will this stop you from spending too much time on it, you also won\u2019t need to work overtime to meet the deadlines.<\/p>\n<p><em>This way, you won\u2019t need to cut down on binge-watching true crime shows on Netflix.<\/em><\/p>\n<h3 class=\"wp-block-heading\" id=\"8-principle-4-allocation-of-project-budgets\">Principle 4: Allocation of project budgets<\/h3>\n<p><em>Wouldn\u2019t it be wonderful if you had a limitless budget?<\/em><\/p>\n<p>Unfortunately, unless you\u2019ve got a genie granting you these wishes, you\u2019ll need to work with a strict <a href=\"https:\/\/clickup.com\/blog\/managing-project-budgets\/\">project budget<\/a>.<\/p>\n<p>With limited resources, you need to be very mindful of your expenses.\u00a0<\/p>\n<p>Remember, you don\u2019t want to be shocked when you find your expenses are off the charts!<\/p>\n<p>So here\u2019s what you can do:<\/p>\n<ul>\n<li>consider the possible areas where you can save or eliminate spending<\/li>\n<li>ensure that each phase of your project is accounted for<\/li>\n<li>reserve a portion of the budget for emergency expenses<\/li>\n<\/ul>\n<p>Budgeting and accounting can be a lot of work and can need different tools.<\/p>\n<p><em>But why get several tools when project management software like ClickUp can help you balance the books?\u00a0<\/em><\/p>\n<p>With ClickUp\u2019s premade\u00a0<a href=\"https:\/\/docs.clickup.com\/en\/articles\/2634210-clickup-project-templates\" rel=\"noreferrer noopener\" target=\"_blank\">Accounting Template<\/a>, you can manage your sales records, project expenses, invoices and more, all<strong>\u00a0within<\/strong>\u00a0your Workspace.<\/p>\n<h3 class=\"wp-block-heading\" id=\"9-principle-5-clear-strategy-for-execution\">Principle 5: Clear strategy for execution<\/h3>\n<p>Before <a href=\"https:\/\/clickup.com\/blog\/project-execution\/\">execution phase<\/a>, you need a project charter and <a href=\"https:\/\/clickup.com\/blog\/project-plan\/\">project plan<\/a> in place. These play a major role in the success of large projects.<\/p>\n<p><em>What should be included?<\/em><\/p>\n<p>The planning phase should have a clear definition of key performance indicators (KPIs), project management software used, and <a href=\"https:\/\/clickup.com\/blog\/cybersecurity-risk-management-framework\/\">risk factors that may affect the outcome<\/a>.<\/p>\n<p>You should also identify potential problems that could cause scope creep or derail your progress.<\/p>\n<h2 class=\"wp-block-heading\" id=\"10-identifying-team-roles-and-responsibilities\">Identifying Team Roles and Responsibilities<\/h2>\n<h3 class=\"wp-block-heading\" id=\"11-principle-6-ownership-by-a-project-manager-or-project-sponsor\">Principle 6: Ownership by a project manager or project sponsor<\/h3>\n<p>The next fundamental principle is that one person, the project manager, needs to own responsibility for the project success. This person needs to act as a spokesperson and get on the same page as the executive team.<\/p>\n<p>As such, project managers guide project stakeholders through their <a href=\"https:\/\/clickup.com\/blog\/decision-making-process\/\">decision-making process<\/a>, define team responsibilities, initiate the project plan, and measure success.<\/p>\n<p>Because of the cross-functional nature of a this role, project managers need to have great interpersonal skills, knowledge of business and technology, and experience in the work breakdown structure.<\/p>\n<h3 class=\"wp-block-heading\" id=\"12-principle-7-assigned-team-roles-and-responsibilities\">Principle 7: Assigned team roles and responsibilities<\/h3>\n<p>Just knowing your project objective and setting goals isn\u2019t enough.\u00a0<\/p>\n<p>You must also determine\u00a0<strong>what\u00a0<\/strong>each member should do.<\/p>\n<p>If you don\u2019t do this, you can start preparing for a funeral: because your project\u2019s dead, even before you started work on it!<\/p>\n<p>When you define roles and responsibilities, each team member becomes accountable for their tasks.\u00a0<\/p>\n<p>And since your team members know exactly what to do, they won\u2019t waste time trying to gain clarity on the project.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"man pointing to his head meme\" decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/llH-beGC5blPLiktpjb7bElqGs2KZy3KiO5Ej7MXzZG_8i45X3tnm6sOyATP_TdCn3lKMtCf8_ZoMtTG8Jc-UfyomCQeXFAx3-iezBFnsWAWXnGM8O4SLIKJ5HP5NmmgwCh1KFNT\"\/><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"13-establishing-values\">Establishing Values<\/h2>\n<h3 class=\"wp-block-heading\" id=\"14-principle-8-clear-communication-between-team-members\">Principle 8: Clear communication between team members<\/h3>\n<p>Poor team communication = bad results.<\/p>\n<p>When managing projects, strong communication from day one should be your\u00a0<strong>prime\u00a0objective.<\/strong><\/p>\n<p>You don\u2019t want your project communication to turn into a game of he said-she said.<\/p>\n<p>Because that would spell disaster.<\/p>\n<p><em>But why?<\/em><\/p>\n<p>Clear communication with your team is key to avoid mishaps. Every member knows what they\u2019re working on and what others are working on, which creates a streamlined workflow.<\/p>\n<p>Additionally, having clear communication allows you to identify and celebrate team member achievements.<\/p>\n<h3 class=\"wp-block-heading\" id=\"15-principle-9-alignment-across-the-organization\">Principle 9: Alignment across the organization<\/h3>\n<p>This is an important principle to avoid problems later on when a project progresses.<\/p>\n<p>Stakeholders and the project manager work together so that all the components of the organization support one another. This includes the company\u2019s mission, structure, and systems.<\/p>\n<p>Establishing a performance management baseline with three basic components \u2013 cost, schedule, and <a href=\"https:\/\/clickup.com\/blog\/project-scope\/\">project scope<\/a> \u2013 is important when aligning with company values and setting the scope of a larger project.<\/p>\n<p>After clear expectations are set with management and a project manager is designated to own project activities, that person should be given the freedom to make project decisions.<\/p>\n<h3 class=\"wp-block-heading\" id=\"16-principle-10-transparency-and-accountability\">Principle 10: Transparency and accountability<\/h3>\n<p>Moving on to the next project management principle.<\/p>\n<p><a href=\"https:\/\/clickup.com\/blog\/project-transparency\/\">Project transparency<\/a>.<\/p>\n<p>Unless you\u2019re a rogue spy on the run, hiding is a<strong>\u00a0bad idea.<\/strong><\/p>\n<p>When you obscure project data or statuses from your stakeholders and sponsors, it\u2019s going to haunt you in the future.<\/p>\n<p>And this might\u00a0<a href=\"https:\/\/www.forbes.com\/sites\/mikekappel\/2019\/04\/03\/transparency-in-business-5-ways-to-build-trust\/\" rel=\"noreferrer noopener\" target=\"_blank\">diminish trust<\/a>\u00a0between your team and the stakeholders.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"man saying he made a mistake\" decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/IDK0ooszFxdCrkncg-hQloNamtJkNN1ycj45yDnk0QBbMEYbBdGHqlvczxxADWWnaZ6ZQnuMXPDzWlV1Jl0k_ftlssW4RsCWbS9radSRhOstPn6sgaJuPRen0e8zZ99eK80UO3yI\"\/><\/figure>\n<\/div>\n<p>However, this wouldn\u2019t happen if you and your team always maintain transparency.\u00a0<\/p>\n<p>If everyone can access relevant information regarding the project, including statuses, milestones, and the timeline, things will be much smoother.<\/p>\n<p><em>The result?<\/em><\/p>\n<p>Your team\u2019s engagement levels would be through the roof, and they\u2019ll be much happier and satisfied with their work too.<\/p>\n<p>With ClickUp\u2019s\u00a0<a href=\"https:\/\/docs.clickup.com\/en\/articles\/2479043-guests\" rel=\"noreferrer noopener\" target=\"_blank\">Guests feature<\/a>, you can collaborate with people outside their team, like stakeholders or clients.<\/p>\n<h3 class=\"wp-block-heading\" id=\"17-principle-11-risk-management-and-detection\">Principle 11: Risk management and detection<\/h3>\n<p>Every project will have certain risks attached to them.\u00a0This is especially true when juggling multiple complex pieces in\u00a0<a href=\"https:\/\/clickup.com\/blog\/enterprise-project-management\/\" rel=\"noreferrer noopener\" target=\"_blank\">enterprise project management<\/a>.<\/p>\n<p><strong><em>Try out these <a href=\"https:\/\/clickup.com\/blog\/enterprise-project-management-software\/\">enterprise project management software tools<\/a>! <\/em><\/strong><\/p>\n<p>When you assess these risks\u00a0<strong>before\u00a0<\/strong>the project begins, you\u2019ll be prepared to face any potential issues that might arise.<\/p>\n<p>And that\u2019s not the only benefit:<\/p>\n<ul>\n<li>You would be able to prevent any delays in project execution\u00a0<\/li>\n<li>Your project team members will have a plan to help them deal with any risks<\/li>\n<li>You\u2019ll be able to eliminate or limit the impact any issue can have on your project<\/li>\n<\/ul>\n<p>With this approach, you could also designate an entire team to focus on the risks that come up during the project life cycle.\u00a0<\/p>\n<p><strong><em>Check out these <a href=\"https:\/\/clickup.com\/blog\/risk-assessment-templates\/\">risk management templates<\/a>!<\/em><\/strong><\/p>\n<p><em>(We think \u2018Riskbusters\u2019 would be a fitting name for this team.<\/em><a href=\"https:\/\/emojipedia.org\/winking-face\/#:~:text=A%20yellow%20face%20with%20a,affectionate%2C%20suggestive%2C%20or%20ironic.&amp;text=Winking%20Face%20was%20approved%20as,to%20Emoji%201.0%20in%202015.\" rel=\"noreferrer noopener\" target=\"_blank\">\ud83d\ude09<\/a>)<\/p>\n<h3 class=\"wp-block-heading\" id=\"18-principle-12-measurement-of-project-progress\">Principle 12: Measurement of project progress<\/h3>\n<p>Monitoring and measuring progress is a basic principle that is crucial to the entire project management process.<\/p>\n<p>Imagine if there was no monitoring.<\/p>\n<p><a href=\"https:\/\/clickup.com\/blog\/working-from-home\/\" rel=\"noreferrer noopener\" target=\"_blank\">Working from home<\/a>\u00a0would look something like this\u2026<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img alt=\"bart working from home funny\" decoding=\"async\" height=\"269\" loading=\"lazy\" src=\"https:\/\/lh4.googleusercontent.com\/0ywsFaYVHF40u7QfaTEfVpXXiFACdurnWVKJ_-Gi1Ou1vMCJdS5q-_F77IVW27Vi_ronwOG5SeIBEMZ1Oooxngo3mRxXUKLk950tB2b5CeclCLgdrAg2ztn87d37CljtAsNvjY8M\" width=\"360\"\/><\/figure>\n<\/div>\n<p>With ClickUp\u2019s\u00a0<a href=\"https:\/\/docs.clickup.com\/en\/articles\/2560143-gantt-view\" rel=\"noreferrer noopener\" target=\"_blank\">Gantt Charts<\/a>, you can view all the tasks that need to be done, their deadlines, and the team members who are\u00a0<a href=\"https:\/\/clickup.com\/features\/assign-comments\" rel=\"noreferrer noopener\" target=\"_blank\">assigned<\/a>\u00a0to it.<\/p>\n<p>And there you have it.<\/p>\n<p>All the principles to manage successful projects grouped into 3 buckets.<\/p>\n<h2 class=\"wp-block-heading\" id=\"19-frequently-asked-questions\">Frequently Asked Questions<\/h2>\n<h4 class=\"wp-block-heading\" id=\"20-what-are-the-basic-principles-of-project-management\">What are the basic principles of project management?<\/h4>\n<p>Though there are differing opinions on the finer points, the basic principles of project management include the following: a clearly defined project through <a href=\"https:\/\/clickup.com\/blog\/project-management-strategies\/\">structure, deliverables, and strategy<\/a>; clearly identified team roles, including the project manager, and the establishing of values such as organizational alignment, communication, transparency, accountability, <a href=\"https:\/\/clickup.com\/blog\/project-management-principles\/\">risk management<\/a>, and performance measurement.<\/p>\n<h4 class=\"wp-block-heading\" id=\"21-how-many-project-management-principles-are-there\">How many project management principles are there?<\/h4>\n<p>There are 12 principles, which can be grouped into 3 buckets \u2013 defining the project, defining roles and responsibilities, and establishing values.<\/p>\n<h2 class=\"wp-block-heading\" id=\"22-conclusion\">Conclusion<\/h2>\n<p>Project management principles are the building blocks of all businesses; no matter how big or small.<\/p>\n<p>Use them wisely, and all your projects will be a smash hit!<\/p>\n<p>However, these principles aren\u2019t going to help you manage an entire project on your own.\u00a0<\/p>\n<p>Fortunately, tools like ClickUp were specifically designed to do all the heavy lifting; assisting you with all your tasks, timelines, and team members.<\/p>\n<p>Whether you\u2019re following <a href=\"https:\/\/clickup.com\/blog\/project-management-methodologies\/\">methodologies<\/a> such as\u00a0<a href=\"https:\/\/clickup.com\/blog\/waterfall-project-management\/\" rel=\"noreferrer noopener\" target=\"_blank\">Waterfall<\/a>,\u00a0<a href=\"https:\/\/clickup.com\/blog\/agile\/agile-workflow\/\" rel=\"noreferrer noopener\" target=\"_blank\">Agile<\/a>, or\u00a0<a href=\"https:\/\/clickup.com\/blog\/lean-principles-software-development\/\" rel=\"noreferrer noopener\" target=\"_blank\">Lean<\/a>, ClickUp has all the features you need to organize your work.<\/p>\n<p>So\u00a0<a href=\"https:\/\/clickup.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">get ClickUp for free today<\/a>, and managing your projects will be a piece of cake!<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img alt=\"man eating cake\" decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/igN88Zucd5neTTtT1amu_kshlrX5QynrAO0w5UOQQBiBuPmZNpRe-37sLn5l59icXrf7aBHetuFtwp7TaDfZqvdxgMLRq9i-FkU6upDtfy9aZZsfD9Cx8fK5ySBoy4QiHEloz6c9\"\/><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s a\u00a0lot\u00a0that goes into\u00a0managing projects. Budgeting, gaining approval from your project stakeholders, creating your team, monitoring progress, drafting reports\u2026. And that\u2019s just the tip of the iceberg! If you\u2019re screaming internally, don\u2019t worry!\u00a0 Here\u2019s something to help you out: Project management principles act as a trusty compass while you\u2019re navigating the entire project management process. [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":13791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","cu_sticky_sidebar_cta_is_visible":true,"cu_sticky_sidebar_cta_title":"Start using ClickUp today","cu_sticky_sidebar_cta_bullet_1":"Manage all your work in one place","cu_sticky_sidebar_cta_bullet_2":"Collaborate with your team","cu_sticky_sidebar_cta_bullet_3":"Use ClickUp for FREE\u2014forever","cu_sticky_sidebar_cta_button_text":"Get Started","cu_sticky_sidebar_cta_button_link":"","_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[766,312],"tags":[16,607],"class_list":["post-13790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manage","category-project-management","tag-project-management","tag-project-management-principles"],"featured_image_src":"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2021\/01\/principles-of-project-management.png","author_info":{"display_name":"Greg Swan","author_link":"https:\/\/clickup.com\/blog\/author\/greg\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>12 Key Project Management Principles (Essential Guide) | The ClickUp Blog<\/title>\n<meta name=\"description\" content=\"Want to learn about the principles of project management? 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