ITM 102 Chapter Notes - Chapter 10: Bar Chart, Project Management Institute, Gantt Chart

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Document Summary

Project management week 10 chapter 10. Consequences of failure: damaged brand, lost goodwill, dissolution of partnerships, incur liabilities. Project: temporary activities undertaken to create a unique product or service. Project management: the application of knowledge, skills, tools, and techniques to project activities to meet project requirements: identify requirements, establishing clear objectives, balancing the scope and commitment. Project manager: an individual who is an expert in project planning and management, defines and develops the project plan, and tracks the plan to ensure the project is completed on time and on budget. Must: manage people, manage communications, managing change. Project stakeholders: are individuals and organizations that are actively involved in or who"s interests may be affected by the outcome of the project. Project deliverable: any measureable, tangible completed system objective. Executive sponsor: the member of the organization who provides funding for the project. Project milestone: helps in setting a project schedule, by setting specific goals.

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