BUS 361 Study Guide - Systems Development Life Cycle, Project Management Institute, Project Management Office

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N project j planned undertaking of related activities to reach an objective that has a beginning and end. N project management institute (pmi) j brings together pm professionals and captures pm knowledge: publishes pmbok (project management body of knowledge. S collection of processes and knowledge areas of best practices. N stakeholders have vested interests in a project: project sponsor j provides executive support/resources necessary for completion, project manager j leads and manages. Has diverse set of skills (management, leadership, technical, conflict management, customer relationship. Is responsible for initiating, planning, executing, controlling, monitoring, closing. N projects undertaken to solve business problem or take advantage of business opportunity. N top 5 causes of project failure: 1. Lack of attention to human and organizational factors: 2. Inadequate attention to business needs and goals: 5. N extensive amount of user participation is required. N need to understand systems development methodologies and how they can be integrated into.

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