GMS 450 Chapter Notes - Chapter 1: Project Management Institute, Project Management Office, Project Manager

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 450
• Professor: Stan Katz

Document Summary

Emphasis on project management daily, organizations are asked to accomplish tasks that do not fit neatly into business as usual. Projects tasks are specific and unique with a specific deliverable aimed at meeting a specific need or purpose. Project management institute defines project management temporary endeavor undertaken to create a unique product or service. Multidisciplinary- requires input from people with different kinds of knowledge and expertise: nature of projects complex, composed of many interconnected elements and requiring input from groups outside the project, conflict schedule, budget, specifications conflict with each other. Program subdivisions of projects: view projects as various levels of detail. To fix responsibility and authority for the achievement of an organizational goal: when it does not fall into the definition of routine work. Competition pressure prices, response times, and product/ service innovation. Achieving strategic goals objectives support organizations strategy and mission. Achieving routine goals using project management to accomplish routine departmental tasks artificial deadlines and budgets created (projectizing)