COMM431 Study Guide - Final Guide: Project Manager, Earned Value Management, Project Plan

• School: University of Waterloo
• Department: Commerce
• Course: COMM431
• Professor: Zhiyong Liu

Document Summary

Project temporary endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resources. Example: planning a wedding, hosting a holiday party, designing and implementing a product. Ongoing operations: projects temporary, completed when the goals and objectives are accomplished, operations on going, involve work that is continuous without and end date, both are performed by people, constrained by resources, planned, executed and controlled. Attributes of a project: well defined objective/need/deliverables. People in a project: client/customer one who needs a service, developer/contractor one who is paid to provide the service, user one who will directly or indirectly use the service. Project cycle: identify a need develop a proposed solution perform the project . The needs and requirements are usually written by the customer into a document called a request for proposal (rfp): phase 2 development of a proposed solution to the need or problem. Contract agreement: phase 3 performing the project.