BUS 528 – PM / Chapter 1 & 2

A project a temporary group activity designed to produce a unique product, service or result, with which a set of methods, theories and techniques involve to manage a complex work. Here “temporary” means a defined beginning and end in time, and a defined scope and resources. The project is “unique”, it means it is not a routine operation, but a specific set of operations designed to achieve an especial goal. The team members work together just for a project, but normally they are from different organization and across multiple departments.

The development of software help to improve business process which are composed with many different projects ant they all must be expertly managed to deliver the on-time, on-budget results, learning and integration that organizations need.

So, project management is the application of knowledge, skills and techniques to execute projects effectively and efficiently. There are four successful processes used by project life cycle: Definition, Planning, Execution, and Closeout. It also a part of strategies for organizations, enabling them to tie project results to business goals, and better compete in their market. Applying these concepts to my project – Starting up my new business, I need to get a written approval that all interested parties understand and agree on my business goals, rules, and are willing to follow the three primary variables of the project: Cost, Schedule and Quality equilibrium. Break down the detailed items on a schedule chart (time-framed), such as getting funding, looking for an office, recruiting employee, and setting up design team...in 15 months. During execution, the project organization should keep a flexibility adjusted by practical changes. The project will closeout when the business is running operation and product produced successfully.

A title said “Project Manager”, it is with greater success hinges upon the leadership abilities which can solidify the status as the project management authority in an organization. Managing expectations is one of the main jobs of a project manager who is able to carry the related management functions to finally control the project.