ITM 750 Lecture Notes - Lecture 1: Project Management Software, Project Management, Stakeholder Management
Document Summary
It projects involve hardware, software and networks to create products, services or result. Project a temporary endeavor undertaken to create a unique product, service, or result: once goal has been reached, it is terminated. Operations work done in organization to sustain the business; continual process. A project has a unique process it always has a defined objective. A project is temporary always a beginning and end. A project is developed using progressive elaboration details should become defined and clear as the project progresses forward with new info. A project requires resources, often from various areas both internal and external include people, hardware, software and assets; must be used effectively to meet the goals. A project should have a primary customer or sponsor: project sponsor usually provides the direction and funding for the project. A project involves uncertainty external factors and unknown future presents challenges. Triple constraint project limitations by its scope, time, and cost goals.