1.3 Core Concepts Preview (Principles, Domains, Value, Tailoring)

Phase 1: Orientation – Understanding the PMP Landscape for Exam and Practice

Before diving deep, let's preview key concepts central to PMBOK® 7 and this guide:

• Principles: Fundamental truths guiding behavior and decisions (e.g., Focus on Value, Be a Steward). The 'Why'.
• Performance Domains: Broad, interdependent areas where project work occurs (e.g., Stakeholder, Team, Planning). The 'What'.
• Value: The ultimate measure of project success; aligning work with business objectives and benefits.
• Tailoring: Adapting the approach, lifecycle, processes, and tools to the project's unique context. The 'How'.