The new PMBOK Guide is a significant departure from the older versions. Many organizations have very mature processes based on the 10 knowledge areas defined in the earlier versions of the PMBOK Guide. These have now been replaced by the 12 guiding principles of project management (see below): 10 Knowledge Areas: Integration Scope Schedule Cost Quality Resources Communications Risk Procurement Stakeholders 12 Guiding Principles: Stewardship Team Stakeholders Value System Thinking Leadership Tailoring Quality Complexity Risk Adaptability and Resiliency Change Discuss the impact of this change from various perspectives. For example: Will this new approach significantly affect how organizations do projects? Will the 10 knowledge areas remain relevant in project management? Why do you think the change in approach occurred? Which principles do you feel are most relevant and how would you use them in a practical way on a project