Chapter 1 Modern Project Management Modern Project Management
- Slides: 9
+ Chapter 1 Modern Project Management
+ Modern Project Management All of mankind’s greatest accomplishments – from building the great pyramids to discovering a cure for polio to putting a man on the moon – began as a project.
+ What do the following headlines have in common? n Superbowl half-time show scores a touchdown n Apple’s new Ipad mini to hit the market n City receives stimulus finds to expand light rail system n MN Approves new stadium
+ What is a project? n A project is a temporary endeavor undertaken to create a unique product, service, or result n The major goal of a business project is to satisfy the customer’s need.
+ Characteristics of a project 1. An established objective 2. A defined life span with a beginning and an end 3. Usually, involvement with several departments 4. Typically, doing something that has never been done before 5. Specific time, cost, and performance requirements
+ The Project Life Cycle
+ Importance of Project Management n Compression of the Product Life Cycle n 30 years ago, products would last 10 -15 years n Now, most last 1 -3 years.
+ Business Thrive on New Project Development n What companies can you think about depend on new product innovation? n What other companies rely on new projects? n New Stadiums? n Electric Cars? n Renewable Energy? n Movie Franchises? How important was the 2 nd Hunger Games?
Traditional project management vs modern project management
Walker royce software project management
Modern project management began with what project
Modern project management
Chapter 1 modern project management
Current trends in project management
The role of project management in achieving project success
Reducing project duration in project management
Software project evaluation
When conducting post project audits
