COMM 225 Lecture Notes - Lecture 17: Work Breakdown Structure, Project Management Office, Project Planning

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Project: unique, large, one-time job requiting special activities to accomplish specific objective in a limited time frame, a program is a set of projects. It may involve considerable costs and activities must be carefully coordinated. Performance goals: completed within time/schedule, cost/budget, and quality guidelines. Stages or phases include project initiation, planning and scheduling, execution, control and closeout. It is influenced by the company"s strategy and policies. The project scope-work that needs to be accomplished. The project portfolio selection- helps to determine which project to implement with factors such as budget, availability of personnel, knowledge and skills, cost-benefit considerations. Identify some project category (long-term, short-term, minor or major) and criteria. Work breakdown structure: breaking down the job into smaller components, determining resources needed, estimating their costs, scheduling subcontracting the work, planning risk. Project control involves observing the project"s progress, issuing performance report on scope/schedule/cost/quality/risk. Bring various people-stakeholders has diverse skills, can be on loan full/part-time of regular jobs.

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