1. Project Management - ime380
Dr. Michael Featherstone

2. DEFINITIONS – a Project
A project may be defined as…
A temporary endeavor undertaken to create a unique product or service.
they are finite
they have a defined beginning and ending
Think about which of these projects?
A wedding event
Building a website
Writing a Masters Thesis
Building a house
A new product launch
Managing an assembly line operation
Designing a new automobile
Creating a video

3. DEFINITIONS – Project Management
The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service.
A wedding
Building a website
Writing a Masters Thesis
Building a house
Launching a new product or promotion
Designing a new automobile
Creating a video

4. DEFINITIONS Project Management’s FIVE processes Initiating a project
The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service.
Initiating a project
Planning the project
Executing the project/plan
Controlling execution of the project/plan
Closing the project

5. DEFINITIONS Project Management’s THREE elements Tasks Resources Time
The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service.
Tasks
Resources
Time

6. DEFINITIONS Project Management success factors On time delivery
The capacity to marshal resources, lay out plans, program work and spur effort for a temporary endeavor which is finite in that it has a defined beginning and ending, and which is undertaken to create a unique product or service.
On time delivery
Within budget delivery
High quality delivery

7. This Concludes Today’s Presentation
Thank you for your attention