Preview

The Project Management Institute (Pmi)

Powerful Essays
Open Document
Open Document
2721 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Project Management Institute (Pmi)
The Project Management Institute (PMI) defines a project as any work that happens only once, has a clear beginning and end, and is intended to create a unique product or knowledge (Mango, 2008). A project may be as simple as organizing a one-day event or as complex as constructing a nuclear reactor. It may; involve only one person, or thousands; last several days, or many years; be undertaken by a single organization, or by an alliance of several stakeholders. Schwartz (2008) identifies four characteristics of a project; first, uniqueness. No two projects are exactly the same. Even if two projects have the same goals, many aspects can be different. Second, a project is temporary with a defined start date and end date. Third, a project is goal oriented: It revolves around the primary goal and considered done when the goal is achieved. Lastly, projects must meet or exceed stakeholders’ expectations in order to survive.
It is said, the technical dimension represents the “science” of project management while the socio/cultural dimension represents the “art” of managing a project. To be successful, a program manager (PM) must be a master of both dimensions (Gray & Larson, 2008). The technical side of the management consists of the formal, disciplined, pure logic parts of the process and relying on formal information systems. The technical dimension includes planning, scheduling, and controlling projects. Clear project scope statements are written to link the project and customer and to facilitate planning and control. Creation of the deliverables and work structures facilitate planning and monitoring the progress of the project (Labitzke, n. d.).
The socio/cultural dimension in contrast to the structured world of project planning, involves the chaotic, often contradictory world of implementation. Whether written as a mission statement, spoken or merely understood, corporate socio/culture describes and governs the ways a company's owners and employees

You May Also Find These Documents Helpful

  • Best Essays

    Business Plan for Pm430

    • 3109 Words
    • 13 Pages

    PMI - the World’s Leading Professional Association for Project Management. (2012). Retrieved October 21, 2012, from http://www.pmi.org/…

    • 3109 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Project management can be described in a multitude of ways and is used in a wide variety of industries. The projects themselves can be small and simple or on large scale and extremely complex. No matter the size of the project if they are knowledgeable and precise in the planning it will ultimately start, execute, and close with success. [1] A project is a temporary endeavor undertaken to create a unique product, service, or result. The project being written about today was not on a large scale but overall made a large impact in the company atmosphere.…

    • 692 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Cmgt 410

    • 282 Words
    • 2 Pages

    A project can be defined as something which is very complex; it has a specific and limited time line which means that it has a start as well an end. Different from day to day business routines which take place on frequent basis while at the same time a project is a non-routine task which means doing something which has never been done before. Before every project is made it is given a budget which is the cost to complete the project. Successful projects are said to be those projects which are completed within the cost and time assigned to them. Projects are also successful when resources are effectively and efficiently utilized. Projects cannot be completed with total accuracy because they contain certain risk and uncertainty. The concept of what a project is can be confused with mission statements, organizational objectives, directives, initiatives and a dozen other terms that may be related to projects, but are not projects themselves. Facilities management and information system groups, for example, have maintenance projects. But they often neglect to distinguish between a maintenance as a project and maintenance as an on-going operation. True maintenance projects come to closure so a facilities team installing a new air conditioner or handling routine upgrades to an operating system are on-going work which is better suited to operations management than project management.…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    3. Kerzner, Harold (2006). 9th edition. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. New Jersey: John Wiley & Sons, Inc. (ISBN-10: 0471741876).…

    • 1051 Words
    • 5 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
  • Powerful Essays

    Organizations leaders are facing difficult challenges because of the rapid changes in government and technology, which has created pressure in organizations. The aforementioned changes have made way for a new type of management; project management, far different from the traditional structure for managing. This document will describe the definition of a project. The paper will also touch basis on the basic phases of the project life cycle and their purposes, and why it is important for organizations to use project management to accomplish tasks.…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Project Management Institute (PMI) website offers information that lets the user know how important project management is to the user. PMI is a project management firm that gives its consumers the tools and services that they need to complete and organize projects to produce the best result. The website is laid out to allow the user to see current projects, seminars offered, industry news and past projects.…

    • 611 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Chunnel Project

    • 9442 Words
    • 38 Pages

    Kerzner, H. (2003). Project management: A systems approach to planning, scheduling and controlling (8th ed.). New York: John Wiley & Sons.…

    • 9442 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    A project is a series of jobs\tasks whose successful completion is required to meet the required output of a project. Prior to starting a project senior management must select one of three possible structuring projects. These three organizational structures are Pure Project, Functional Project, and Matrix Project, all have advantages and disadvantages that must be considered to ensure a project’s success.…

    • 1624 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Inf 340 Week 2 Assignment

    • 936 Words
    • 4 Pages

    In order for an organization to remain successful, it must be able to fulfill its day-to-day operations without mistakes. If these demands cannot be met, a new project must be created in order to stay in business and ahead of the competition. If an organization has a problem, they can benefit from fixing it by following a formal process for identifying, selecting, initiating, and planning projects (Valacich, 2009).…

    • 936 Words
    • 4 Pages
    Better 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 is more complicated and extensive than people think. One definition of project management is “the process of guiding a project from its beginning through its performance to its closure.” There are three operations that project management entails: planning, controlling, and organizing. These operations are seen from beginning to end. In project management it is important to keep many challenges of project management in mind so you can control, plan, and organize your projects successfully. Project management requires detailed planning for its success, projects are unique and their budgeted accordingly, conflict prone, and projects require creative and fluid teams. Organizations will use project management to give members the responsibility and authority to achieve a goal of the organization. There are four types of project categories: derivative, platform, breakthrough, and R&D projects.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Flora Mpazanje, University of Cape Town, Department of information Systems, Private Bag X, Rondebosch 7700, Cape Town, South Africa. +27711383628 flo_mpazanje@yahoo.com Kosheek Sewchurran, University of Cape Town, Department of Information Systems, Private Bag X, Rondebosch 7700, Cape Town, South Africa. kosheek.sewchurran@uct.ac.za The study may assist project practitioners and researchers understand project process in a more true to life manner, on how project objectives are formulated. This may encourage some better ways of managing IS projects towards success. The study might be relevant to PM institutions as well, especially when they would be updating their PM guides. Apart from validating ANT further as a lens for understand IS projects better, the study may also offer an understanding of IS projects in an African context. This may allow practitioners appreciate challenges faced by actors in this environment. II.LITERATURE REVIEW The increase in adoption of project driven approaches across sectors has persuaded institutions such as PMI to promote rules of the game and standards to guide the PM practice [7, 11, 47]. One of the rules is as set out by the definition of a project widely used in the Project Management domain as well as in the academia [38, 35]. From various definitions of a project [13 p2, 35p5, 38 p33], a project has a clear and definite outcome that is to be delivered on a specified date using specified resources. In reality, especially for IS projects, that is often not the case [47, 34] due to the fact that often requirements are not clear at the initial stage of the project. In addition, exogenous factors such as personal objectives and managers’ experience may also influence some aspects of the project, thereby reshaping its outcome all together [8, 13, 23]. It is not feasible, therefore, to budget for both resources and time in advance. The definitions emphasise the…

    • 8660 Words
    • 35 Pages
    Good Essays
  • Powerful Essays

    project management

    • 2162 Words
    • 8 Pages

    Project is designed to produce a result of giving birth of a products, a service or an improvement with a definite beginning and ending and given the clear goal and objectives. I order to successfully implement a project, planning, organizing, motivating, controlling resources, procedure are the process and activity designed to meet a specific goals. There are 2 challenges of project management process: its constraints including scope, time, quantity and budget and the ultimate goals of optimizing the allocation of the given resources to produce the best results. These theories about project management are supposed to help managers have a clear imagination about what they have to do to produce the best result in practice. However , in practice, when it comes to project management, things are more complicating. The procedure is redesigned, modified in different ways to match the project characteristics, or some steps needs to be focused more or ignored or adjusted. The difference between theory and application should be minimized to produce the desired effects.…

    • 2162 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Define Project

    • 3755 Words
    • 16 Pages

    Projects can be simple and easily handled by one person or large and complex projects requiring many resources and the specialised skills of a dedicated project manager and team.…

    • 3755 Words
    • 16 Pages
    Good Essays

Related Topics