The Project Management Institute (PMI) is the leading organization promoting project management best practices through publications, training, and seminars. It offers the Project Management Professional certification, the highest certification in the field. A project is a temporary endeavor undertaken to create a unique product or service, with a limited timeframe and goal of satisfying stakeholders. Programs and portfolios are larger scale, relating multiple projects to business goals. Project managers must understand the organizational structure, such as functional, project-oriented, and matrix structures, and how they delegate authority over resources. The project life cycle includes phases with defined outcomes like initiating, planning, executing, monitoring, and closing projects.
Original Description:
Project management introduction
Original Title
Chapter 1- Building the Foundation.pdf-WT_Summaries
The Project Management Institute (PMI) is the leading organization promoting project management best practices through publications, training, and seminars. It offers the Project Management Professional certification, the highest certification in the field. A project is a temporary endeavor undertaken to create a unique product or service, with a limited timeframe and goal of satisfying stakeholders. Programs and portfolios are larger scale, relating multiple projects to business goals. Project managers must understand the organizational structure, such as functional, project-oriented, and matrix structures, and how they delegate authority over resources. The project life cycle includes phases with defined outcomes like initiating, planning, executing, monitoring, and closing projects.
The Project Management Institute (PMI) is the leading organization promoting project management best practices through publications, training, and seminars. It offers the Project Management Professional certification, the highest certification in the field. A project is a temporary endeavor undertaken to create a unique product or service, with a limited timeframe and goal of satisfying stakeholders. Programs and portfolios are larger scale, relating multiple projects to business goals. Project managers must understand the organizational structure, such as functional, project-oriented, and matrix structures, and how they delegate authority over resources. The project life cycle includes phases with defined outcomes like initiating, planning, executing, monitoring, and closing projects.
The Project Management Institute (PMI) is the leading organization in the world in
terms of promoting project management best practices. It offers publications, training
and seminars to further the project management discipline. Project management Professional is the highest certification. Project :“The process of applying knowledge, skills, tools, and techniques to describe, organize and monitor the work of the project to accomplish the goals of the project.” A project is a temporary endeavor undertaken to create a unique product, service or result. It should have a limited timeframe, be temporary in nature, and have the satisfaction of the end user or stakeholders. [limited timeframe] A program is a group of related projects managed in a coordinated way to obtain benefits that not able to be obtained by managing them separately. A project is a smaller version of a larger project. A portfolio, is a collection of different programs and /or projects that support strategic business goals within the same organization which may be related or unrelated to one another. Operation: everyday vs project: unique product 1.5 Different Organization Structures Project managers need to understand the kind of organization they work in. The type of organization is determined by how much authority the senior management is willing to delegate to project managers. Functional organizations are the oldest style of organizations and are centered on specialties and grouped by functions. They are set to be a hierarchy, and the staff in each department have similar skills, hence is easier to manage. [each dep has manager] Adv: structured – clear path for each employee – employee has 1 supervisor Disadv: project manager no authority – projects compete for resources Project oriented organizations focus on projects as their priority, have a project manager with full authority over the project and its supporting functions, and collocate the project teams. Adv: manager ultimate authority - focus on projects Disadv: have to reassign after each proj – sometimes no work for employees (idle) – compete on resources Matrix: mix of both - Usually staff from the functional departments work on more than one project and they have to report to both the project manager and their functional managers. Adv: focus on proj- specialties used in proj – growth of employee . Disadv : conflict for resource – many bosses – confusing to multitask The project management office (PMO) is a centralized organization unit that oversees the management of projects throughout the organization. It provides established project management methodology, monitoring, coaching and training for project managers, and facilitates the communication within and across projects. Life cycle: phases of project each has outcome Process groups : 1- Initiating: choosing to take a project or not so see goals – criteria – project manager choose – write charter &sign off 2- Planning: set deliverables – scope statement – schedule set – identify risks- see resources needed 3- Executing: form team – review meetings – see progress- quality assurance 4- Monitoring (correcting ) : measuring performance 5- Closing : written acceptance – documenting lessons learned – formalize closure – archive reports - release resources