INFS5001 Lecture Notes - Lecture 2: Project Plan, Project Manager, Business Case

• School: University of Sydney
• Department: Business Information Systems
• Course: INFS5001
• Professor: Dr Peter

Document Summary

Issues that trouble people about working on projects regardless of type of project. Unrealistic due dates, too many changes, unrealistic budget. These issues/problems related to need to make trade-offs. Assumption of known activity times and independent paths. Lack of clear priorities results in poor multitasking. Processes initiating planning executing monitoring and controlling closing. Initiating formally starts a new project by officially authorising it and providing the project manager with the information necessary to begin the project. Select a project from set of possible projects based on an established project selection method. U(cid:374)dersta(cid:374)d ho(cid:449) the proje(cid:272)t fits i(cid:374)to the orga(cid:374)isatio(cid:374)"s strategi(cid:272) o(cid:271)je(cid:272)ti(cid:448)es. Make sure the business case and the cost benefit analysis supporting the project are documented and understood. A sow is a detailed narrative description of the work required for a project. Description of the work to be performed (scope description, product characteristics) Expected outcomes, how related to organisational strategy. Funding or schedule constraints, timeline and milestones.