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Lecture Project management: The managerial process (6/e) - Chapter 1: Modern project management.

The main contents of chapter 1 consist of the following: What is a project? The importance of project management, comparison of routine work with projects, the challenge of project managementproject management today - an integrative approach,. | Project Management 6e 1-1 An Overview of Project Management 6e. 1–2 Project Management 6e 1-2 1–3 What is a Project? Project Defined A complex, nonroutine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs. Major Characteristics of a Project Has an established objective. Has a defined life span with a beginning and an end. Requires across-the-organizational participation. Involves doing something never been done before. Has specific time, cost, and performance requirements. Project Management 6e 1-2 1–4 Program versus Project Program Defined A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal. A higher level group of projects targeted at a common goal. Examples: Project: completion of a required course in project management. Program: completion of all courses required for a business major. Project Management 6e 1-4 Comparison of Routine Work with | Project Management 6e 1-1 An Overview of Project Management 6e. 1–2 Project Management 6e 1-2 1–3 What is a Project? Project Defined A complex, nonroutine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs. Major Characteristics of a Project Has an established objective. Has a defined life span with a beginning and an end. Requires across-the-organizational participation. Involves doing something never been done before. Has specific time, cost, and performance requirements. Project Management 6e 1-2 1–4 Program versus Project Program Defined A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal. A higher level group of projects targeted at a common goal. Examples: Project: completion of a required course in project management. Program: completion of all courses required for a business major. Project Management 6e 1-4 Comparison of Routine Work with Projects 1–5 TABLE 1.1 Routine, Repetitive Work Taking class notes Daily entering sales receipts into the accounting ledger Responding to a supply-chain request Practicing scales on the piano Routine manufacture of an Apple iPod Attaching tags on a manufactured product Projects Writing a term paper Setting up a sales kiosk for a professional accounting meeting Developing a supply-chain information system Writing a new piano piece Designing an iPod that is approximately 2 X 4 inches, interfaces with PC, and stores 10,000 songs Wire-tag projects for GE and Wal-Mart Project Management 6e 1-5 1–6 The Challenge of Project Management The Project Manager Manages temporary, non-repetitive activities and frequently acts independently of the formal organization. Marshals resources for the project. Is linked directly to the customer interface. Provides direction, coordination, and integration to the project team. Is responsible for performance and success of the project. Must induce the .