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Project Management Dr. Michael Featherstone DEFINITIONS Project Management’s FIVE processes The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. Initiating a project Planning the project Executing the project/plan Controlling execution of the project/plan Closing the project DEFINITIONS Project Management’s THREE elements The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. Tasks Resources Time DEFINITIONS Project Management success factors The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service. On time delivery Within budget delivery High quality delivery PM Fundamentals PM Fundamentals Project Life Cycle 5. Requirements Project Life Cycle Testers PMs Programmers Art Project Life Cycle Project Life Cycle PIBOK Five Processes Initiating Process Planning Process Executing Process Controlling Process Closing Process PM Fundamentals http://whitepapers.businessweek.com/viewer/viewDocument.do?accessId=8820599 PM Fundamentals PM Fundamentals PM Fundamentals PM Fundamentals PM tools PM Tools This Concludes Today’s Presentation Thank you for your attention Lab Exercise 1 • Develop a plan to create a Wiki for a Project assignment. • What would the requirements look like?
