COMP-225 Lecture Notes - Lecture 3: Project Planning, Project Management, Risk Management
Document Summary
Questions: write a definition of what project management is. Project management is the definition of what shapes a project and it addresses the cost, scope, and time. It is the application of knowledge, skills, techniques and tools to meet project requirements. The purpose of project management is to reduce risk and increase the chance of success. A project manager is responsible for project planning, project scheduling, project monitoring, project reporting, and project control. Project planning is identifying project tasks and estimating the completion time and cost of each one. Project scheduling is creating timelines for the project to be completed. Project monitoring is guiding, supervising, and coordinating the project team"s workload. Project reporting is creating regular progress reports to management, users, and the project team staff. A task is any work that has a beginning and end and requires use of company resources such as time, people, or money.
