PROJECT MANAGEMENT What is a Project? According to the Project Management Institute (PMI) ‚ a project is any work that happens only once‚ has a clear beginning and end‚ and is intended to create a unique product or knowledge. It may involve only one person‚ or thousands. It may last several days‚ or many years. It may be undertaken by a single organization‚ or by an alliance of several stakeholders. A project may be as simple as organizing a one-day event or as complex as constructing a dam on
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Name: Project Management Credit Hours: 3 Section Number and Time: Section 1‚ Instructor: Dr. Mona Zoughaib Office: Phone: +961 3 69 62 56 E-mail: mzxx@aub.edu.lb Office Hours: Friday 5:30 – 6:30‚ or by appointment Required / Suggested Materials: Jeffrey K. Pinto‚ Project Management: Achieving a Competitive Advantage‚ Second Edition. Lecture Notes. Suggested: Kathy Schwalbe‚ An Introduction to Project Management‚ Fourth Edition Mantel‚ Meredith‚ Shafer and Sutton‚ Project Management
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! ! ! ! ! ! E-‐Commerce vs Traditional retailing ! ! ! ! ! ! ! ! ! Mirza Kulenović MBA candidate -‐ 2014 20/07/2014 !1 Introduction ! The constant technological advancement has brought‚ with itself‚ a new way of doing business and more precisely retail. Online networking is‚ today‚ part of human communication
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Project Communication Management A failure to communicate is often the greatest threat to the success of any project‚ especially information technology projects. Communications is the lubricant that keeps a project running smoothly. Project communications management involves communication planning‚ information distribution‚ performance reporting‚ and stakeholder management. Communications planning involves determining the information and communication needs of the stakeholders. For example
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Budget Management One of the major tangible benefits of project management is budgetary savings. Project managers control budgets and make decisions about how best to allocate resources in the process of working toward a project’s objectives. In the end‚ the difference between coming in under budget or having an overrun is a function of workforce efficiency and project management. The money that project managers save their businesses increases the project’s return on investment and remains available
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1) Which of the following statement is true a) Project management is becoming a slandered way of doing business b) Project management is increasingly contributing to achieving organisational strategies c) Project management is being used at a consistent percentage of a firms efforts d) Both a and b are true e) A‚ b and c are all true 2) Which of the following financial models are typically included in a project a) Payback b) Npv c) Internal rate of return
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Ray Gritsch Our Project Management Team has assessed the three projects that Piper Industries Corporation has proposed. Our project management team has made the following recommendations based on the available facts and projects given. Project Keys: Key 1: Project to be completed no later than 12 months Key 2: Project must meet budget restrictions Key 3: Project must generate acceptable revenue Deliverables: Time Budget Resources Margin of error Revenue Proposed Project: Project Juniper is a current
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Project portfolio management:- A competitive advantage for organizations now is doing the right projects and making sure that there are resources to complete those projects. Project Portfolio Management (PPM) is a set of business practices and a process that allows organizations to manage projects as a strategic portfolio‚ ensuring the alignment of programs and projects with organizational objectives. Executives need to regularly review entire portfolios and programs‚ determine why projects are
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Project Management Email OPS/571 April 20‚ 2015 Dear Mr. Gritsch‚ In response to your email‚ our team has analyzed each project. In your email‚ you stated that the selected project should generate revenue within 12 month of next week’s PMO Review. You also stated that we should also consider the degree of risk involved with on-time completion‚ the critical path requirement and cost‚ and the effective life cycle and forecasted ROI. In order to make a recommendation‚ we took into account
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Online education vs. Traditional education Do you enjoy sitting in class with peers and taking notes and while listening to the professor’s lecture? Or do you prefer sitting at home alone‚ learning at your own pace? Online education allows the students to learn at his or her pace‚ while traditional education gives students the tools to succeed in a more competitive environment. Personal learning styles differ. Therefore‚ the differences between online education and traditional education in terms
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