BAMG 30700 Study Guide - Final Guide: Mature Technology
18 May 2018
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Process Analytics Final Study Guide
• Project:
o An interrelated set of activities with a definite starting and ending point, which
results in a unique outcome for a specific allocation of resources
▪ set of activities where you are trying to get something done
• Project Management:
o A systemized, phased approach to defining, organizing, planning, monitoring,
and controlling projects
o Leaders are the only ones who can manage change
o PM is about Managing Change and Only Leaders Can Manage Change
• Seven Keys to Project Management Success:
o 1. Leadership support of project
o 2. Phased approach to implement project
▪ phases allow you to see the benefits of change
o 3. Communications across all project teams, especially with vendors
(transparency)
▪ do not want the people working for you to be acting against you
▪ need to always communicate with one another
o 4. Issues management
▪ managing problems that come along
o 5. Scope management
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