Part 1
Chapter 1
1. Why is there a new or renewed interest in the field of project management?
Today’s companies, governments, and nonprofit organizations are recognizing that to be successful, they need to be conversant with and use modern project management techniques. Individuals are realizing that to remain competitive in the workplace, they must develop skills to become good project team members and project managers. They also realize that many of the concepts of project management will help them in their everyday lives as they work with people and technology on a day-to-day basis.
2. What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs?
A project is a temporary endeavor undertaken to create a unique product, service, or result.
The project attributes are as follows:
It has a unique purpose
It is temporary
It is developed using progressive elaboration
It requires resources, often from various areas
It should have a primary customer or sponsor
It involves uncertainty
Projects are different from day-to-day activities because they have focused goals and definite beginning and ending dates. Operation is work done to sustain the business while projects end when their objectives have been reached or when project has been terminated.
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”
A framework helps us to understand the project management, they are listed as follows:
Project stakeholders are the people involved in or affected by project activities and include the project sponsor, project team, support staff, customers, users, suppliers, and even