Project Management
Project Management
Management
Introduction to Project
Management
Objectives
• 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
• 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
Introduction
• A project is “a temporary endeavor undertaken to create a unique
product, service, or result” (PMBOK® Guide, Fifth Edition, 2013)
• 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
complete
Examples of IT Projects
• A team of students creates a smartphone application and sells it
online
• A company develops a driverless car
• A government group develops a system to track child
immunizations
• A global bank acquires other financial institutions and needs to
consolidate systems and procedures
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 and Program Managers
• Project managers work with project sponsors, project team, and
other people involved in a project to meet project goals
• Program: a group of related projects managed in a coordinated way
to obtain benefits and control not available from managing them
individually Program managers oversee programs; often act as
bosses for project managers
Figure 1-1 The Triple Constraint of Project
Management
What is Project Management?
• Project management is “the application of knowledge, skills, tools,
and techniques to project activities to meet project requirements”
Project Success
• There are several ways to define project success:
• The project met scope, time, and cost goals
• The project satisfied the customer/sponsor
• The results of the project met its main objective, such as making or saving a certain
amount of money, providing a good return on investment, or simply making the sponsors
happy
Global Issues
• Several global dynamics are forcing organizations to rethink
their practices:
• Talent development for project and program managers is a top concern
• Good project portfolio management is crucial in tight economic conditions
• Basic project management techniques are core competencies
• Organizations want to use more agile approaches to project management
• Benefits realization of projects is a key metric