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Study Guide

[GMS 450] - Midterm Exam Guide - Everything you need to know! (37 pages long)

37 Pages

Global Management Studies
Course Code
GMS 450
Peter Monkhouse

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[GMS 450] Comprehensive Midterm Exam guide including any lecture notes, textbook notes and exam guides.find more resources at Chapter 1: The World of Project Management What is a Project? -Interrelated set of activities with a definite stat and end point, which results in a unique outcome for a specific allocation of resources -Each task is specific and unique with a specific deliverable aimed at meeting a specific need or purpose. These are projects. -Project Management Institute (PMI) defines a project as “A temporary endeavour undertaken to create a unique product or service” -Projects are characterized by conflict. The project schedule, budget, and specification conflict with each other Trends in Project Management -Achieving Strategic Goals -Achieving Routine Goals -Improving Project Effectiveness -Virtual Projects -Quasi-Projects Project Management Vs General Management find more resources at
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