1. Why is there a new or renewed interest in the field of project management? There is a new or renewed interest in the field of project management because there is new technologies that are significantly used in many different countries and to keep in contact with these industries.
World wide project management is used to develop the many different projects that are important within the industries.
2. a. What is a project, and what are its main attributes?
b. How is a project different from what most people do in their day-to-day jobs? c. What is the triple constraint?
a. A project is a temporary endeavor undertake to create a unique product, service, or result. It’s main attributes are:
Has a unique purpose
Is developed using progressive elaboration
Requires resources, often from various areas
Should have a primary customer or sponsor
b. A project is different from what most people do in their day-to-day jobs because a project can be large or small and involve one person or thousands of people and can also be done in one day or take years to complete where as day-to-day jobs involve a few people
and can be done within a week or month but doesn’t take a day or years. c. The triple constraint is balancing scope, time, and cost goals. 3. What is project management? Briefly describe the project management framework, providing examples of stakeholders, knowledge areas, tools and techniques, and project success factors. Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. The project management framework is scope management, time management, cost management, quality management, human resources management, communications management, risk management, and procurement management
4. a. What is a program?
b. What is a project portfolio? Discuss the relationship between projects, programs, and portfolio management and the contributions they each make to enterprise success.
a. A program is a group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
b. A project portfolio is when organizations group and manage projects as a portfolio of investments contribute to the entire enterprise’s success.
The relationship between projects, programs, and portfolio management is meeting tactical or strategic goals. 5. a. What is the role of the project manager?
b. What are suggested skills for all project managers and for information technology project managers? c. Why is leadership so important for project managers?
d. How is the job market for information technology project managers? a. The role of the project manager is to work with the project sponsors, the project team, and the other people involved in a project to meet project goals. b. Suggested skills for all project managers and for IT project managers would be:
The Project Management Body of Knowledge
Application area knowledge, standards, and regulations
Project environment knowledge
General management knowledge and skills
Soft skills or human relations skills
c. Project managers need to have leadership skills so that they can put there focus on the long-term goals and big-picture objectives, while inspiring people to reach those goals. They are there to just guide their team to success.
d. IT project managers are high in demand. IT executives listed the skills they predicted would be the most in demand in the next two to five years and Project/program management came in first place. 6. Briefly describe some key events in the history of project management. What role does the Project Management Institute and other professional societies play in helping the profession? Most agree that the modern concepts of project management began with the Manhattan Project, which the U.S. military led to develop the atomic bomb in World War II.
The Manhattan Project involved many people with different skills at several different locations. The Manhattan Project lasted about three years and cost almost $2 billion in 1946. Since there are so many people working on projects in various industries, PMI has created specific interest groups, or SIGs, that enable members to share ideas about project management in their particular application areas, such as information systems. 7. a. What functions can you perform with project management software?
b. What are some popular names of low-end, midrange, and high-end project management tools? a. Functions that you can perform with project management software would be determining the project scope, time, cost assigning resources, preparing project documentation, etc. b. MinuteMan and Project Kickstart is some popular names for low-end tools, Microsoft Project and Milestones are some popular names for midrange tools, and finally, Microsoft is popular in high-end tools.