Fundamental concepts of Project Management, Study Guides, Projects, Research of Project Management

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FUNDAMENTAL CONCEPTS IN PROJECT

MANAGEMENT

PROJECT MANAGEMENT INSTITUTE (PMI) DEFINED A PROJECT AS:  A TEMPORARY ENDEAVOR UNDERTAKEN TO CREATE A UNIQUE PRODUCT OR SERVICE  ( PMI IS A FORCE IN THE DEVOLOPMENT OF PROJECT MANAGEMENT AS A PROFESSION)

Project Defined  A complex, nonroutine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer needs.

What is PMI? ▪ Founded by 6 visionaries in 1969 ▪ Dedicated to advancing the State-of-the-Art in project management ▪ Early growth in Construction and Defense / Aerospace ▪ Accelerated growth in the 80’ies with IT sector’s entry ▪ Certification exams started in 1984 ▪ PMBOK introduced in 1985 ▪ PMBOK revised in 1993 - 1996 and in 2000; over 100 members contributed ▪ PMBOK 2008 in use since December 2008 ▪ End - 2008 statistics : ▪ approximately 310,000 members ▪ 240 chapters in over 50 countries ▪ 330,000 Certified PMP’s ▪ Current Annual Growth Rate 11% www.pmi.org 7

Benefits of PMI Membership ✓ Leading global professional body in Project Management ✓ Project Management standards and guidelines ✓ Educational programs and publications ✓ Access to a distinguished network of experience and knowledge ✓ Opportunity to participate in research and special studies ✓ Certification and accreditation ✓ Code of Ethics and professional conduct ✓ Awareness of social and professional responsibilities ✓ Learning opportunities through seminars, symposia and component educational programs ✓ Career development and professional August 2008^ networking Project Management Essentials Bootcamp 8

➢ THE DEVELOPMENT OF THE TECHNIQUES AND PRACTICES OF PROJECT MANAGEMENT BELONGS TO THE MILITARY :

• U.S. NAVY’S POLARIS PROGRAM
• NASA’S APOLLO SPACE PROGRAM
• SPACE SHUTTLE
• STRATEGIC DEFENSE INITIATIVE PROGRAMS (1950)

LATER,

➢ NONMILITARY GOVERNMENT SECTORS

➢ PRIVATE INDUSTRY

➢ PUBLIC SERVICE AGENCIES (SUCH AS

RESEARCH&DEVOLOPMENT OF MEDICINE

COMPANY)

➢ IT ORGANIZATIONS

➢ VOLUNTEER ORGANIZATIONS

HAVE ALL USED PROJECT MANAGEMENT TO INCREASE THEIR EFECTIVENESS

• Gray&Larson,

BECAUSE OF THREE IMPORTANT FORCES ➢ THE EXPONENTIAL EXPANSION OF HUMAN KNOWLEDGE, ➢ THE GROWING DEMAND FOR A BROAD RANGE OF COMPLEX, SOPHISTICATED, CUSTOMIZED GOODS AND SERVICES ➢ THE EVOLUTION OF WORLDWIDE COMPETITIVE MARKETS FOR THE PRODUCTION AND CONSUMPTION OF GOODS AND SERVICES.

 2 ND : SATISFYING THE CONTINUING

DEMAND FOR MORE COMPLEX AND

CUSTOMIZED PRODUCTS AND

SERVICES DEPENDS ON OUR ABILITY TO

MAKE PRODUCT DESIGN AN INTEGRATED

AND INHERENT PART OF OUR PRODUCTION

AND DISTRIBUTION SYSTEMS.

 3 RD: WORLDWIDE MARKETS FORCE US TO

INCLUDE CULTURAL AND ENVIRONMENTAL

DIFFERENCES IN OUR MANAGERIAL

DECISIONS ABOUT WHAT, WHERE,

WHEN, AND HOW TO PRODUCE AND

DISTRIBUTE OUTPUT.

▪ NEW PRODUCT DEVELOPMENT ▪ A LEGAL REQUIREMENT ▪ STAYING ABREAST OF TECHNOLOGY ▪ THE RESULT OF A PROPOSAL ▪ RESTRUCTURING ▪ Operational ▪ Organizational ▪ STAYING AHEAD OF THE COMPETITION The primary source of projects is a strategic or business plan August 2008 19 Project Management Essentials Bootcamp Where do Projects Come From?

MAJOR CHARACTERISTICS OF

A PROJECT