The definition of Projects a a project is a temporary endeavor undertaken to create a unique product and service Attributes of projects a unique purpose a temporary a require resources often from various areas should have a primary sponsor and/or customer involve uncertainty 2021/2/21 IP
2021/2/21 11 The definition of Projects ◼ A project is a temporary endeavor undertaken to create a unique product and service ◼ Attributes of projects ◼ unique purpose ◼ temporary ◼ require resources, often from various areas ◼ should have a primary sponsor and/or customer ◼ involve uncertainty
Samples of IT projects Airlines developed a new reservation system Many organizations upgrade hardware software, and networks via projects Organizations develop new software or enhance existing systems to perform many business functions Note:“ IT projects” refers to projects involving hardware software and networks 2021/2/21 AP
2021/2/21 12 Samples of IT Projects ◼ Airlines developed a new reservation system ◼ Many organizations upgrade hardware, software, and networks via projects ◼ Organizations develop new software or enhance existing systems to perform many business functions ◼ Note: “IT projects” refers to projects involving hardware, software, and networks
Samples of Non-IT Projects Constructing a new building a developing a new product Planning/holding a major event like a Wedding party, eto Your examples?Training Note: Try to think of projects that involve several people with different backgrounds 2021/2/21 IP
2021/2/21 13 Samples of Non-IT Projects ◼ Constructing a new building ◼ Developing a new product ◼ Planning/holding a major event like a wedding,party,etc. ◼ Your examples?—Training ◼ Note: Try to think of projects that involve several people with different backgrounds
The Triple Constraint Every project is constrained in different ways by its Scope goals: What is the project trying to accomplish? Time goals: How long should it take to complete? Cost goals: What should it cost? It is the project manager's duty to balance these three often competing goals while also pleasing project stakeholders, especially the sponsor/customer 2021/2/21 IP
2021/2/21 14 The Triple Constraint ◼ Every project is constrained in different ways by its ◼ Scope goals: What is the project trying to accomplish? ◼ Time goals: How long should it take to complete? ◼ Cost goals: What should it cost? ◼ It is the project manager’s duty to balance these three often competing goals while also pleasing project stakeholders, especially the sponsor/customer
The Triple constraint of Project management Successful manago al satisfying th Target SSicODe CShE cDE 2021/2/21 AP
2021/2/21 15 The Triple Constraint of Project Management