FIT2002 Lecture Notes - Lecture 1: Project Management, Project Portfolio Management, Project Management Body Of Knowledge
25 Jul 2018
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Document Summary
Improved productivity: better control of financial, physical and human resources, quality and increased reliability, higher profit margins, better internal coordination, higher worker morale, meeting goals. Project: temporary endeavour undertaken to create a unique product, service or result. Project attributes: unique objective/purpose, temporary with start and end date, progressive elaboration, resources, primary customer/sponsor, uncertainty. Project managers: work with project sponsors, project team and other people involved in a project to meet project goals. Program: a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Program managers: oversee programs and often act as bosses for project managers. Project sponsor: provides direction and funding for the project. Triple constraints that affect the success of a project: Project management: application of knowledge, skills, tools and techniques to project activities to meet project requirements, tactical goals. Stakeholder: person or organisation who has a stake or interest in the performance of outcome of the project.
