1. Project Management - ime380
Dr. Michael Featherstone

2. DEFINITIONS - Management
I like this definition of Management.
It’s from the textbook “Management” by Michael Hitt, J.S. Black and Lyman Porter published by Pearson, Prentiss Hall.
The process of assembling and using sets of resources
in a goal directed manner
to accomplish tasks
in an organizational setting 2

3. DEFINITIONS - Management
The process of assembling and using sets of resources
in a goal directed manner
to accomplish tasks in an organizational setting 3

4. DEFINITIONS - Management
I also like this definition of Management.
It’s from the book “Future Management” by Gary Hamel, 2007, Harvard Business School Press
The capacity to marshal resources
and to lay out plans
and to program work
and to spur effort

5. 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

6. 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

7. 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

8. 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

9. 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

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