COMM 225 Chapter Notes - Chapter 17: Work Breakdown Structure, Critical Path Method, Ehealth Exchange

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Project - unique, large, one-time operation designed to accomplish speci c objective in limited time frame. Performance goals (for projects) - keeping within schedule, budget, and quality guidelines. To achieve, projects must be authorized, objectives and scope must be established, project manager should be appointed, and project must be planned. Activities/tasks must be identi ed and time estimates made. Resource requirements must be estimated and budgets prepared. Project"s progress must be monitored to ensure that these will be achieved. Project approach lets organization focus attention and concentrate e orts on accomplishing narrow set of performance objectives within limited time and budget framework. Can produce signi cant bene ts compared with other approaches that might be considered. Projects go through life cycles (stages or phases) including project initiation (conception, feasibility study/selection), planning and scheduling, execution, control, and closeout. Companies" strategies, policies, and environments (culture, is, hr) in uence projects.

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