As project management is becoming more strategic and business-oriented, new and formal approaches are needed to address the changes in the profession. The next generation of project management will transform project managers into leaders who must deal with the strategic and business aspects of their projects, articulate a vision to inspire and motivate their teams, and learn how to adapt their management style to the right project and environmental context. This paper presents Strategic Project Leadership® (SPL), which is a comprehensive, research-based approach to project management. It combines the strategic, business-related aspects of projects, the operational needs of getting the job done, and the leadership perspective of inspiring and motivating the project team. This integrated, practical, and industry-proven approach addresses the reality that most projects today are uncertain, complex, non-linear, and changing; and they must be managed in a dynamic and flexible way, while "one size does not fit all.