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Introduction
Project management has found wide acceptance in industry It has many applications outside of construction
Introduction
Continued
Main forces in driving the acceptance of project and other forms of management:
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The exponential growth of human knowledge The growing demand for a broad range of complex goods and services Increased worldwide competition
All of these contribute to the need for organizations to do more and to do it faster Project management is one way to do more faster
The Channel Tunnel, or Chunnel Denver International Airport Panama Canal expansion project Three Gorges Dam, China Flying: balloons planes jets rockets reusable rockets
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More people are seeing the advantages of project management techniques The tools are become cheaper The techniques are becoming more widely taught and written about
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The Project Management Institute is the major project management organization Founded in 1969 Grew from 7,500 members in 1990 to over 260,000 in 2007 The Project Management Journal and PM Network are the leading project management journals
Project Manager
Project manager is the key individual on a project Project manager is like a mini-CEO While project manager always has responsibility, may not have necessary authority
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Modern project management began with the Manhattan Project In the early days, project management was used mainly for very complex projects As the tools became better understood, they began to trickle down to smaller projects It has also moved out of just manufacturing to services
Importance Performance Life cycle with a finite due date Interdependencies Uniqueness Resources Conflict
The main purpose for initiating a project is to accomplish some goal Project management increases the likelihood of accomplishing that goal Project management gives us someone (the project manager) to spearhead the project and to hold accountable for its completion
Negative Side to Project Management Greater organizational complexity Higher probability organizational policy will be violated Says managers cannot accomplish the desired outcome Conflict
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Projects in Contemporary Organizations Strategic Management and Project Selection The Project Manager Negotiation and the Management of Conflict The Project in the Organizational Structure
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Project Activity Planning Budgeting and Cost Estimation Scheduling Resource Allocation
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Monitoring and Information Systems Project Control Project Auditing Project Termination