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Project, Program and Portfolio Management
Project, Program and Portfolio Management
• A general manager is responsible for all areas and oversees all of the firm's
functions and day-to-day business operations.
Project and Program Managers
• Project managers
Work with project sponsors, project teams, and other people involved
in projects to meet project goals.
• Program managers
Oversee programs and often act as bosses for project managers.
Figure 1-2. Project Management Framework
Nine Project Management Knowledge Areas
• Four core knowledge areas lead to specific project objectives (scope, time,
cost, and quality).
• Four facilitating knowledge areas are the means through which the project
objectives are achieved (human resources, communication, risk, and
procurement management).
• For each path, add the duration of each node to determine it's total
duration. The critical path is the one with the longest duration.
The Role of the Project Manager
• Job descriptions vary, but most include responsibilities such as
planning, scheduling, coordinating, and working with people to
achieve project goals.