ADMS 2511 Lecture : ADMS 2511 chapter 12.docx

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Information technology project management- projects are shorter efforts to create a specific business- related outcome. These outcomes may take the form of products or services. Is project management is a directed effort to plan, organize and manage resources to bring about the successful achievement of specific is goals. All projects whether they are is projects or not, are constrained by the same three factors known as the triple constraints of project management: time, cost and score. Time refers to the window of opportunity in which a project must be completed to provide a benefit to the organization. Cost is the actual amount of resources, including cash and labour that an organization can commit to completing a project. Finally, score refers to the processes that ensure that the project includes all the work required- an only the work required- to complete the project successfully. The project management process : initiation, planning, execution, monitoring and control, completion.

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