Intro to Project Management

Topics: Project management, Management, Project Pages: 5 (415 words) Published: February 21, 2014
Chapter 1: Introduction to Project Management
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11.

9.

9 Project
Management
Knowledge Areas

Figure 1-2
Project
Management
Framework

Knowledge areas describe the key
competencies that project managers must
develop
4 core knowledge areas lead to specific
project objectives (scope, time, cost, and
quality)
4 facilitating knowledge areas are the
means through which the project
objectives are achieved (human
resources, communication, risk, and
procurement management
1 knowledge area (project integration
management) affects and is affected by
all of the other knowledge areas
All knowledge areas are important!
9 Knowledge Areas or Core Functions
Scope Management, Time Management,
Cost Management, Quality Management,
Human Resource Management, Risk
Management, Procurement
Management.

8.

10.

Project
managers

Project managers strive to meet the triple
constraint by balancing project scope, time,
and cost goals

Project
Stakeholders

Stakeholders are the people involved in or
affected by project activities
Stakeholders include:
The project sponsor
The project manager
The project team
Support staff
Customers
Users
Suppliers
Opponents to the project

12.

Super tools

Software for task scheduling (such as project
management software)
Scope statements
Requirements analyses
Lessons-learned reports

Project Integration Management
1.

IT Projects have
a terrible track
record, as
described in the
What Went
Wrong?

A 1995 Standish Group study (CHAOS)
found that only 16.2% of IT projects were
successful in meeting scope, time, and
cost goals; over 31% of IT projects were
canceled before completion
A PricewaterhouseCoopers study found
that overall, half of all projects fail and
only 2.5% of corporations consistently
meet their targets for scope, time, and
cost goals for all types of project

5.

3.

4.

Program

Group of related projects managed in a
coordinated way to obtain benefits and
control not available from managing
them individually (PMBOK® Guide,
Fourth Edition, 2008, p. 9)

Project
Attributes

A project:
Has a unique purpose
Is temporary
Is developed using progressive
elaboration
Requires resources, often from various
areas
Should have a primary customer or
sponsor
The project sponsor usually provides the
direction and funding for the project
Involves uncertainty

Project
Managers

Works with project sponsors, the project
team, and other people involved in a
project to meet project goals

tools that have high use and high potential
for improving project success, such as:

2.

6.

7.

Top Strategic
Technologies
for 2008
(Gartner)

Green IT
Unified communications
Business process modeling
Virtualization 2.0
Social software

The Triple
Constraint of
Project
Management

Successful project management means
meeting all three goals (scope, time, and cost)
- and satisfying the project's sponsor!

What is
Project
management

"the application of knowledge, skills, tools
and techniques to project activities to meet
project requirements" (PMBOK® Guide,
Fourth Edition, 2008, p. 6)

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