Study Aid - All Chapters. Zayed University INS 377

INS 377
Study Aid
Chapter 1
This chapter presents a variety of different ideas related to PM
Look at all slides except 18,19,24,30,39,40,41,44
Key points:
What is a project?
What are the advantages of or reasons for project management?
What is the role of a project manager?
There are 10 knowledge areas and a project manager must have knowledge and skills in
each of them. See what these areas are and we will study them later. (Fig 1.2)
What is meant by success or failure of a project?
} A project is “a temporary endeavor undertaken to create a unique product,
service, or result” (PMBOK
®
Guide, Fifth Edition, 2013)
} Operations is work done to sustain the business
} Projects end when their objectives have been reached or the project has
been terminated
} Projects can be large or small and take a short or long time to complete
} Better control of financial, physical, and human resources
} Improved customer relations
} Shorter development times
} Lower costs