Tuesday, June 14, 2011

BUS 528 - Chapter 2 Ideas

1. Projects Require Project Management
The range of activities in any workplace can be broken down into two groups: projects and ongoing operations. Projects are all the work that’s done one time, and ongoing operations represent the work we perform over and over. Every project has a beginning and an end; and also every project produces a unique product. Projects are unique and temporary.
2. The Challenge of Managing Projects
Because projects have different characteristics than ongoing operations, they pose a brand-new set of challenges. Challenges include – Personnel, Estimating, Authority and Controls – managing projects presents a different set of challenges.
3. Project Management is Industry-Independent – Project Manager Are Not
From Silicon Valley to Broadway, projects of every size are becoming more efficient, and their products are improving in quality, thanks to the use of solid project management methods. This industry independence has been a major factor in the development of project management as a discipline, but that independence doesn’t extend to the people practicing the discipline. Project managers must not only know how to operate in business and project environments, they must also be well acquainted with the focus of the project.

Managing projects are challenging. Projects are usually unique and temporary, the group members already have their other work to do; to get a project done on time involves a lot of plannings and disciplines.

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