GMS 450 Lecture Notes - Lecture 4: Phase 10, Work Breakdown Structure, Mind Map

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 450
• Professor: Peter Monkhouse

Document Summary

Chapter 3 project activity and risk planning. Lets the organization know the project exists. Should include the business case and strategic reasons for the project. Also needs the proje(cid:272)t"s history to date. Categories of elements required in the project charter: purpose, business case for the project, strategic reasons for the project, expected profitability, competitive effects, desired scope, any other technical results, objectives. Listing of potential disasters: major and minor, does not stop disasters, softens the impact, evaluation methods. 3. 2 the planning process overview: planning is key to project management, approaches. Requirements: gathering requirements is the first step to be done to define the project scope, the requirements should be: Can be focused on the product functionality or other project attributes: requirements traceability matrix. Scope statement: provides the details description of the project deliverables including: Constraints and assumptions: this is the bridge between the project charter and requirements to the work breakdown structure, progressive elaboration!