Dr. Michael Featherstone Project Management Dr. Michael Featherstone

Recession-Proof Jobs – July 17 2008 Business Week online From the News JOB OUTLOOK In general, the field of project management is incredibly hot—but the outlook might be brightest for PMs in the biotech and high-tech arenas. As might be expected, project management opportunities depend on the number of projects taking place. When the economy is booming, demand for PMs is usually high. When the economy is slow, look for opportunities in hot industry sectors, where a lot of projects are taking place. A wide range of industries use PMs to handle everything from launching new products to leading restructuring efforts to converting MIS systems . The Bureau of Labor Statistics predicts excellent job growth for project managers in construction through 2014. Increasing complexity of construction projects could, however, drive demand slightly above average. The outlook is much stronger for product managers in industries with strong growth prospects, such as high tech and biotechnology. New major attracts crowds of interested project managers By: Bryce Benson Oct. 3, 2008 There's a new student group on campus attracting interest. The Project Management Group filled Plumas Hall, Room 102 with more than 150 students interested in the new project management major and minor being offered through the College of Business department of management starting next semester. The project management field has expanded out of big business and is growing now more than ever, he said. One fifth of the world's [Gross Domestic Product] this year will be spent on projects," Smith said. "That's $12 trillion." Project Management Project Management is one of the most in-demand skills sets and one of the fastest growing professions in North America. Project Management breaks down an overwhelming workload into manageable elements. Professionals gain the tools and techniques to lead improvement initiatives that result in measurable growth in return on investment, economic value added, sales growth, customer satisfaction and retention, market share and employee satisfaction and motivation. Villanova University’s Project Management courses are taught by skilled project management practioners, many of whom are leaders in their respective fields Recession-Proof Jobs – July 17 2008 Business Week online Project Management Median Salary: $85,000-$95,000 Managing a project from inception to close can be challenging, and companies need people who are up to the task

PM Fundamentals

PM Fundamentals http://whitepapers.businessweek.com/viewer/viewDocument.do?accessId=8820599

PM Fundamentals

PM Fundamentals

PM Fundamentals

PM Fundamentals

PM Fundamentals

PIBOK Five Processes Initiating Process Planning Process Executing Process Controlling Process Closing Process

Project Life Cycle 5. Requirements

Project Life Cycle Testers PMs Programmers Art

Project Life Cycle

Project Life Cycle

Lab Exercise 1

Lab Exercise 1 Develop a plan to handle communications during your project. What would the requirements look like? Who are the stakeholders?

This Concludes Today’s Presentation Thank you for your attention