Project Management- Fundamentals of Project Management- Understanding Project Planning- Managing project- Risk Management

Ch. 18 + Plug-in B-15

Project Management Definitions• Project• Manager/Management• PM Office, PM Institute• Stakeholders• Executive Sponsor• Scope• Objectives• Constraints• Deliverables• Assumptions• Milestone• Plan• Charter• PERT/GANTT• Change Management• Risk (Management)

Project Planning

• Charter– Scope (features/functions)– Objectives (criteria for success)– Constraints (Delivery date)– Assumptions

• Plan– Well defined– Types: PERT, GANTT

PERT

GANTT

The Triple Constraint

Managing Change

Managing Risk

Mitigating Risk

Project Management Institute

• The Project Management Institute (PMI) develops procedures and concepts necessary to support the profession of project management (www.pmi.org) and has three areas of focus:1. The distinguishing characteristics of a practicing

professional (ethics)2. The content and structure of the profession’s body of

knowledge (standards)3. Recognition of professional attainment

(accreditation)