I E 6840 Lecture Notes - Lecture 2: Strategic Rail Authority, Project Manager, Business Process

• School: Wayne State University
• Department: Industrial Engineering
• Course: I E 6840
• Professor: Dean

Document Summary

Different companies have varied professionals who take care of respective projects that are assigned to them by their company. These professionals are entirely responsible for the success or failure of their particular project. While these professionals are the ones who can increase the chances of the project being successful also the success rate is dependent on the sponsors. There was one person who tried to inculcate the methodology of project management in the standard or traditional business process so as to all the professionals think in a specific way and achieve the required goal of success. In order to succeed it is necessary for all the professionals at the same level to have the same authority level. Executives who work under the project managers are the ones who can modify the success of the project. Project management is a methodology which includes lot of attributes like leadership, strategy, collaboration, etc. As said by the chairman richard bowker, the united.