Project Management Principle 1 states,
Stewards act responsibly to carry out activities with integrity, care, and trustworthiness while maintaining compliance with internal and external guidelines. They demonstrate a broad commitment to financial, social, and environmental impacts of the projects they support.
Stewards act responsibly to carry out activities with integrity, care and trustworthiness, all this while maintaining compliance with internal and external guidelines. They demonstrate a broad commitment to financial, social & environmental impacts of the projects.
Stewardship responsibilities exist within as well as outside the organization.
Within the organization,
- Operating in alignment with the organization’s objectives, strategy, mission, vision & sustainment of long term value
- Respectful engagement of project team members (may include their compensation, opportunities, fair treatment)
- Diligent oversight of organizational finances, materials and other resources
- Understanding the appropriate usage of authority, accountability and responsibility
Outside the organization,
- Environmental sustainability
- Organization’s use of materials and natural resources
- Organization’s relationship with external stakeholders like partners, vendors and others
- Project’s (and organization’s) impact on market, social community, operating regions
Stewards also adhere to both implicit and explicit duties that include,
- Integrity – Stewards behave honestly and ethically
- Care – Stewards are fiduciaries of the organizational matters in their charge
- Trustworthiness – Stewards represent themselves as well as their roles, their authority and their project team accurately both inside and outside the organization
- Compliance – Stewards comply with laws, rules, regulations and requirements within or outside the organization
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