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    SIE/ENTR 457/557 Project Management

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    DEBORA
    This document provides an overview of project management frameworks and processes. It discusses the four core knowledge areas of project management - scope, time, cost, and quality management. It also covers the four facilitating knowledge areas - human resource, communications, risk, and procurement management. The document emphasizes the importance of an integrative approach to project management and describes the five major process groups - initiating, planning, executing, monitoring and controlling, and closing.

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    SIE/ENTR 457/557 Project Management

    Uploaded by

    DEBORA
    147 views10 pages
    This document provides an overview of project management frameworks and processes. It discusses the four core knowledge areas of project management - scope, time, cost, and quality management. It also covers the four facilitating knowledge areas - human resource, communications, risk, and procurement management. The document emphasizes the importance of an integrative approach to project management and describes the five major process groups - initiating, planning, executing, monitoring and controlling, and closing.

    Original Description:

    project management notes

    Original Title

    project management

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    This document provides an overview of project management frameworks and processes. It discusses the four core knowledge areas of project management - scope, time, cost, and quality management. It also covers the four facilitating knowledge areas - human resource, communications, risk, and procurement management. The document emphasizes the importance of an integrative approach to project management and describes the five major process groups - initiating, planning, executing, monitoring and controlling, and closing.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    147 views10 pages

    SIE/ENTR 457/557 Project Management

    Uploaded by

    DEBORA
    This document provides an overview of project management frameworks and processes. It discusses the four core knowledge areas of project management - scope, time, cost, and quality management. It also covers the four facilitating knowledge areas - human resource, communications, risk, and procurement management. The document emphasizes the importance of an integrative approach to project management and describes the five major process groups - initiating, planning, executing, monitoring and controlling, and closing.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 10
    At a glance
    Powered by AI
    The key takeaways are that project management involves planning, executing, monitoring, and controlling projects to ensure they are completed on time, within budget, and meet requirements. The text discusses core and facilitating knowledge areas of project management as well as benefits of an integrated approach.

    The four core knowledge areas of project management are scope, time, cost, and quality management. Scope management involves defining the work, time management involves estimating durations and maintaining schedules, cost management involves planning and managing budgets, and quality management ensures requirements are met.

    The four facilitating knowledge areas are human resource, communications, risk, and procurement management. Human resource management involves people, communications management involves information flow, risk management involves risk identification, and procurement management involves acquiring external goods and services.

    SIE/ENTR 457/557

    Project Management
    Chapter 1

    Modern Project Management

    Integrated Product Process

    SIE 457 / 557

    Bob Lepore
    Systems & Industrial Engineering
    rglepore@email.arizona.edu
    Project Management Framework

    3
    Project Management Knowledge
    • Four core knowledge areas lead to specific project objectives.
    • Project scope management involves defining and managing all the work
    required to complete the project successfully
    • Project time management includes estimating how long it will take to
    complete the work, developing an acceptable project schedule, and ensuring
    timely completion of the project
    • Project cost management consists of preparing and managing the budget
    for the project
    • Project quality management ensures that the project will satisfy the stated
    or implied needs for which it was undertaken

    4
    Project Management Knowledge
    • Four facilitating knowledge areas are the means through which the
    project objectives are achieved
    • Project human resource management is concerned with making effective
    use of the people involved with the project

    • Project communications management involves generating, collecting,


    disseminating, and storing project information

    • Project risk management includes identifying, analyzing, and responding to


    risks related to the project

    • Project procurement management involves acquiring or procuring goods


    and services for a project from outside the performing organization

    5
    Integrative Project Management

    • One knowledge area (project integration management) affects


    and is affected by all of the other knowledge areas

    • Centralization of all project processes and practices to improve


    project management

    • What are the benefits of an integrative approach and the downsides


    of a piecemeal approach to project management?

    1–6
    6
    Benefits of an Integrative Approach
    to Project Management

    • Integration (or centralization) of project management provides


    senior management with:
    • An overview of all project management activities

    • A big picture of how organizational resources are used

    • A risk assessment of their portfolio of projects

    • A rough metric of the firm’s improvement in managing projects relative to


    others in the industry

    • Linkages of senior management with actual project execution management

    1–7
    7
    Integrated Project Management Systems
    • Problems resulting from the use of piecemeal project management systems:

    • Do not tie together the overall strategies of the firm

    • Fail to prioritize selection of projects by their importance of their contribution to


    the firm

    • Are not integrated throughout the project life cycle

    • Do not match project planning and controls with organizational culture to make
    appropriate adjustments in support of project endeavors

    1–8
    8
    Project Management Process Groups

    Closing

    Monitoring & Controlling


    Larson & Gray Executing
    Planning
    Initiating
    (Defining)

    9 9
    PMI
    Description of Process Groups
    • Initiating processes include actions to begin or end projects and project phases
    • Planning processes include devising and maintaining a workable scheme to
    ensure that the project meets its scope, time, and cost goals as well as
    organizational needs
    • Executing processes include coordinating people and other resources to carry
    out the project plans and produce the deliverables of the project or phase
    • Monitoring and controlling processes measure progress toward achieving
    project goals, monitor deviation from plans, and take corrective action to match
    progress with plans and customer expectations
    • Closing processes include formalizing acceptance of the project or phase and
    bringing it to an orderly end

    10

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