Preview

Project Pinto Ch1

Satisfactory Essays
Open Document
Open Document
2890 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Pinto Ch1
INSTRUCTOR’S RESOURCE MANUAL

CHAPTER ONE

Introduction: Why Project Management?

To Accompany

PROJECT MANAGEMENT:
Achieving Competitive Advantage

By
Jeffrey K. Pinto

CHAPTER ONE

PROJECT PROFILE – Disney’s Expedition Everest
INTRODUCTION
1. WHAT IS A PROJECT? General Project Characteristics
2. WHY ARE PROJECTS IMPORTANT?
PROJECT PROFILE – Dubai – Land of Mega-Projects
3. PROJECT LIFE CYCLES
PROJECT MANAGERS IN PRACTICE – Christy Rutkowski, Regency Construction Services
4. DETERMINANTS OF PROJECT SUCCESS
PROJECT MANAGEMENT RESEARCH IN BRIEF – Assessing Information Technology (IT) Project Success
5. DEVELOPING PROJECT MANAGEMENT MATURITY
6. PROJECT ELEMENTS AND TEXT ORGANIZATION
Summary
Key Terms
Discussion Questions
Case Study 1.1 – MegaTech, Inc.
Case Study 1.2 – The IT Department at Hamelin Hospital
Internet Exercises
PMP Certification Sample Questions
Bibliography

TRANSPARENCIES

1.1 GENERAL PROJECT CHARACTERISTICS

1) Projects are ad hoc endeavors with a clear life cycle.

2) Projects are building blocks in the design and execution of organizational strategies.

3) Projects are responsible for the newest and most improved products, services, and organizational processes.

4) Projects provide a philosophy and strategy for the management of change.

5) Project management entails crossing functional and organizational boundaries.

6) The traditional management functions of planning, organizing, motivation, directing, and control apply to project management.

7) The principal outcomes of a project are the satisfaction of customer requirements within the constraints of technical, cost, and schedule objectives.

8) Projects are terminated upon successful completion of performance objectives

1.2 DIFFERENCES BETWEEN PROCESS AND PROJECT MANAGEMENT

Process Project

Repeat process or product New process or product

Several objectives One objective

On-going

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The following table presents the requirements that the project’s product, service or result must meet in order for the project objectives to be satisfied. See Table 1.…

    • 656 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    ____ 7. Two important concepts that help projects meet enterprise goals are the use of programs and project…

    • 2493 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    CIPD - 5DPP

    • 3309 Words
    • 14 Pages

    Project management is defined by, ‘initiating processes - clarifying the business need; planning processes - detailing the project scope; executing processes - establishing and managing the project team; monitoring and controlling processes - tracking performance and taking actions; closing processes - ending all project activity’ (Portny 2012)…

    • 3309 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Test Bank

    • 5355 Words
    • 22 Pages

    1) Projects, rather than repetitive tasks, are now the basis for most value-added in business.…

    • 5355 Words
    • 22 Pages
    Satisfactory Essays
  • Powerful Essays

    Project Management

    • 1126 Words
    • 4 Pages

    Conventionally, any project management approach revolves around the 5 basic processes involved in project management, named as:…

    • 1126 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Application Software

    • 425 Words
    • 2 Pages

    5) Project management; plans, schedule, allocate, and control people and resources needed to complete a project according to schedule.…

    • 425 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Project Management has become a very important and popular business tool in recent years. If you want a successful project you should have a person in charge to keep the project organized. A project manager must have strong leadership skills such as:…

    • 687 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    More information about the Gold Coast Light Rail Stage 1 project can be found in the…

    • 715 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Critical Path Analysis

    • 513 Words
    • 3 Pages

    To be completed successfully, a project needs to be planned and managed, costs determined and times allocated, problems dealt with and, eventually, concluded. Formal methods of managing a project offer clear guidelines and deadlines. The key elements of project management include:…

    • 513 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Ford Pinto Project

    • 1896 Words
    • 8 Pages

    The Ford Motor Company has been the leading car company for many decades. In the late 1960’s early 1970’s the company was losing the battle with Japanese with the small efficient cars. Lee Iacocca, Chief Executive Officer the Ford Motor Company wanted a car that will be competitive to these Japanese compact cars. With this intention in mind, the company wanted to manufacture a sub-compact vehicle that weighs less than 2,000 pounds and costs under $2,000. The result is the Ford Pinto. The Ford Pinto was one of the earlier sub-compact cars of the 1970’s. The Pinto was a catalyst in the revitalization of domestic compact cars at this time when Japanese imports were front rumors. Sure the car was simply affordable but had one flaw that would tarnish its reputation and the company’s. The Ford Pinto had fire hazard issues resulting from the placement and construction of the gas tank. When a Pinto is rear-ended the car would burst into flames resulting in an explosion. The company realized this concern during production. Because Iacocca wanted a fast sell of these cars records indicated that there was not a rear end collision test conducted until months after it was already in the market. Management did a cost analysis and determined that the cost of fixing the problem versus any lawsuits; it would be cheaper to pay for the lawsuits that would arise.…

    • 1896 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    The most common characteristics of a project are implementing objectives, possessing a definite life span with a start and a finish, participation, a specified time frame, a defined unit of cost a performance. Almost every project has constrictions such as cost, time, and a scope. Every project will have a beginning and an end, cost, and management tasks that will determine the success or failure of the project. A project involves a managing process that involves the application of knowledge and skills, techniques and tools, and the development of tasks to meet all requirements of the project. Project management is defined as “a set of principles, practices, and techniques applied to lead project teams and control project schedule, cost, and performance risks to…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    3) Which of the following includes five basic functions--planning, organizing, staffing, leading, and controlling? A) job analysis B) strategic management C) employee orientation D) management process E) adaptability screening Answer: D Explanation: The management process includes five basic functions--planning, organizing, staffing, leading, and controlling. Strategic management refers to the process of identifying and executing the organization 's mission by matching its capabilities with the demands of its environment. Diff: 1 Page Ref: 4 Chapter: 1 Objective: 1 Skill: Concept 4) Which function of the management process requires a manager to establish goals and standards and to develop rules and procedures? A) planning B)…

    • 12065 Words
    • 49 Pages
    Powerful Essays
  • Satisfactory Essays

    Volkswagen Mexico Case

    • 459 Words
    • 2 Pages

    All companies are faced with completing projects, whether it is to make a product, complete a service or an outcome such as a research project. Project Management helps to ensure that the projects are done effectively and efficiently. Project management is the “application of knowledge, skills, tools, and techniques to meet the project requirements.” (Project management body, 2008) There are 5 process groups associated including initiating, planning, executing, monitoring and controlling, and closing. Managing a project is complex, a Project manager needs to define and identify requirements, needs, concerns, and balance constraints such as recourses, schedules, budget and risks.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Project Management 1402

    • 2035 Words
    • 9 Pages

    A project is defined as a temporary endeavor with a specific beginning and an end. Some key attributes of a project are; a well-defined objective, carrying out the project in a series of independent tasks to accomplish the goal, completing the project within a specific time frame and, meeting the needs of the customer.…

    • 2035 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Study Guide

    • 2915 Words
    • 16 Pages

    Project _____ management involves defining and managing all the work required to complete the project successfully.…

    • 2915 Words
    • 16 Pages
    Satisfactory Essays

Related Topics