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Getting Started with Project Management
Components of Project Management Project Management and the Business
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What Is a Project? Temporary effort to create an outcome Vary by:
Size Number of team members Outcomes Duration Stakeholders Outcomes can be tangible or intangible
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Project Management “Application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.”
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Portfolios, Programs, and Projects
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, Project Management Institute, Inc., 2013, p. 5
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OPM Comparison A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, Project Management Institute, Inc., 2013, p. 8
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Portfolio Management Collection of projects, programs, sub-portfolios, and operations Centralized management of one or more portfolios Solidifies and controls interdependencies between projects and programs
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Program Management
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PMO Management structure that standardizes projects-related governance processes Types of PMOs include: Supportive PMOs Controlling PMOs Directive PMOs
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Role of the Project Manager
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Responsibilities of the Project Manager
Knowledge Performance Personal
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Interpersonal Skills of a Project Manager
Leadership Team building Motivation Communication Influencing Decision making Political and cultural awareness Negotiation Trust building Conflict management Coaching
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The PMBOK Guide
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Ethics and Professional Conduct
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Business Value Entire value of a business
The total sum of all tangible and intangible elements
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Operations Management
Business function that is responsible for overseeing, directing, and controlling business operations Support day-to-day business in support of strategic and tactical goals Departments can include: Manufacturing Accounting Payroll Human resources Sales Marketing Quality assurance
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Organizational Strategy and Governance
Strategic direction Performance parameters Expectations Goals Purpose Guidance Direction
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Reflective Questions What is the relationship among portfolio management, program management, project management and organizational project management? What is the role of the project manager?
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