CHAPTER ONE
Introduction
Why Project Management?
Chapter Outline
PROJECT PROFILE
Case— Development Projects in Lagos, Nigeria
INTRODUCTION
1.1 WHAT IS A PROJECT?
General Project Characteristics
1.2 WHY ARE PROJECTS IMPORTANT?
PROJECT PROFILE
“Throwing Good Money after Bad”: The BBC’s Digital Media Initiative
1.3 PROJECT LIFE CYCLES
PROJECT MANAGERS IN PRACTICE
Stephanie Smith, Westinghouse Electric Company
1.4 DETERMINANTS OF PROJECT SUCCESS
PROJECT MANAGEMENT RESEARCH IN BRIEF
Assessing Information Technology (IT) Project Success
1.5 DEVELOPING PROJECT MANAGEMENT MATURITY
1.6 PROJECT ELEMENTS AND TEXT ORGANIZATION
,Summary
Key Terms
Discussion Questions
Case Study 1.1: MegaTech, Inc.
Case Study 1.2: The IT Department at Hamelin Hospital
Case Study 1.3: Disney’s Expedition Everest
Case Study 1.4: Rescue of Chilean Miners
Internet Exercises
PMP Certification Sample Questions
Notes
,TRANSPARENCIES
1.1 GENERAL PROJECT CHARACTERISTICS
1) Projects are ad hoc endeavors with a clear life cycle.
2) Projects are building blocks in the design and execution of
organizational strategies.
3) Projects are responsible for the newest and most improved
products, services, and organizational processes.
4) Projects provide a philosophy and strategy for the
management of change.
5) Project management entails crossing functional and
organizational boundaries.
6) The traditional management functions of planning,
organizing, motivation, directing, and control apply to project
management.
7) The principal outcomes of a project are the satisfaction of
customer requirements within the constraints of technical,
cost, and schedule objectives.
, 8) Projects are terminated upon successful completion of
performance objectives.
1.2 DIFFERENCES BETWEEN PROCESS AND PROJECT
MANAGEMENT
Process Project
Repeat process or product New process or product
Several objectives One objective
On-going One-shot – limited life
People are homogenous More heterogeneous
Well established systems in Systems must be created to
place to integrate efforts integrate efforts
Greater certainty of Greater uncertainty of
performance, cost, schedule performance, cost,
schedule
Introduction
Why Project Management?
Chapter Outline
PROJECT PROFILE
Case— Development Projects in Lagos, Nigeria
INTRODUCTION
1.1 WHAT IS A PROJECT?
General Project Characteristics
1.2 WHY ARE PROJECTS IMPORTANT?
PROJECT PROFILE
“Throwing Good Money after Bad”: The BBC’s Digital Media Initiative
1.3 PROJECT LIFE CYCLES
PROJECT MANAGERS IN PRACTICE
Stephanie Smith, Westinghouse Electric Company
1.4 DETERMINANTS OF PROJECT SUCCESS
PROJECT MANAGEMENT RESEARCH IN BRIEF
Assessing Information Technology (IT) Project Success
1.5 DEVELOPING PROJECT MANAGEMENT MATURITY
1.6 PROJECT ELEMENTS AND TEXT ORGANIZATION
,Summary
Key Terms
Discussion Questions
Case Study 1.1: MegaTech, Inc.
Case Study 1.2: The IT Department at Hamelin Hospital
Case Study 1.3: Disney’s Expedition Everest
Case Study 1.4: Rescue of Chilean Miners
Internet Exercises
PMP Certification Sample Questions
Notes
,TRANSPARENCIES
1.1 GENERAL PROJECT CHARACTERISTICS
1) Projects are ad hoc endeavors with a clear life cycle.
2) Projects are building blocks in the design and execution of
organizational strategies.
3) Projects are responsible for the newest and most improved
products, services, and organizational processes.
4) Projects provide a philosophy and strategy for the
management of change.
5) Project management entails crossing functional and
organizational boundaries.
6) The traditional management functions of planning,
organizing, motivation, directing, and control apply to project
management.
7) The principal outcomes of a project are the satisfaction of
customer requirements within the constraints of technical,
cost, and schedule objectives.
, 8) Projects are terminated upon successful completion of
performance objectives.
1.2 DIFFERENCES BETWEEN PROCESS AND PROJECT
MANAGEMENT
Process Project
Repeat process or product New process or product
Several objectives One objective
On-going One-shot – limited life
People are homogenous More heterogeneous
Well established systems in Systems must be created to
place to integrate efforts integrate efforts
Greater certainty of Greater uncertainty of
performance, cost, schedule performance, cost,
schedule
