jhy59

Topics: Project management, Management, Earned value management Pages: 52 (2731 words) Published: October 16, 2014
Information Technology Project
Management, Seventh Edition

Note: See the text itself for full citations.







Understand the growing need for better project
management, especially for information technology (IT)
projects
Explain what a project is, provide examples of IT projects,
list various attributes of projects, and describe the triple constraint of project management
Describe project management and discuss key elements of
the project management framework, including project
stakeholders, the project management knowledge areas,
common tools and techniques, and project success

Information Technology Project
Management, Seventh Edition

Copyright 2014

2







Discuss the relationship between project, program, and
portfolio management and the contributions each
makes to enterprise success
Understand the role of project managers by describing
what they do, what skills they need, and career
opportunities for IT project managers
Describe the project management profession, including
its history, the role of professional organizations like the Project Management Institute (PMI), the importance of
certification and ethics, and the advancement of project
management software

Information Technology Project
Management, Seventh Edition

Copyright 2014

3



Many organizations today have a new or renewed
interest in project management



Computer hardware, software, networks, and the
use of interdisciplinary and global work teams have
radically changed the work environment
The world as a whole spends nearly $10 trillion of
its $40.7 trillion gross product on projects of all
kinds
More than 16 million people regard project
management as their profession





Information Technology Project
Management, Seventh Edition

Copyright 2014

4









The overall information and communications technology
market grew by 6 percent to almost $3 trillion in 2010
In the U.S. the size of the IT workforce topped 4 million
workers in 2008, and the unemployment rate for IT
professionals is half the rate for the overall labor market
In 2011 the total compensation for the average senior
project manager in U.S. dollars was $105,000 per year in
the United States and $160,409 in the Switzerland.
The number of people earning their Project Management
Professional (PMP) certification continues to increase. 44
percent of employers listed project management as a skill
they looked for in new college grads, behind only
communication and technical skills

Information Technology Project
Management, Seventh Edition

Copyright 2014

5



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.



Information Technology Project
Management, Seventh Edition

Copyright 2014

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Better control of financial, physical, and human
resources
Improved customer relations
Shorter development times
Lower costs
Higher quality and increased reliability
Higher profit margins
Improved productivity
Better internal coordination
Higher worker morale

Information Technology Project
Management, Seventh Edition

Copyright 2014

7



A project is “a temporary endeavor undertaken
to create a unique product, service, or result”
(PMBOK® Guide, Fifth Edition, 2012)



Operations is work done to sustain the business



Projects end when their objectives have been
reached or the project has been terminated



Projects can be large or small and take a short
or long time to...
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