SCM 301 Chapter Notes - Chapter 14: Critical Path Method, Project Manager
Document Summary
Project: a temporary endeavor undertaken to create a unique product, service, or result. Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned. Project management: the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. The first of 5 phases of a project. Project planners develop a broad definition of what the project is and what its scope will be. The second of 5 phases of a project. Project planners identify how to accomplish work, how to organize for the project, the key personnel and resources required to support the project, tentative schedules, and tentative budget requirements. The third of 5 phases of a project. Project planners prepare detailed plans that identify activities, time and budget targets, and the resources needed to complete each task. Putting in place the organization that will carry out the project.
