Project Management Overview

References: Lecture Note

Introduction


•Many organizations today have a new or renewed interest in project management.
•Computer hardware, software, networks, and the use of interdisciplinary and global work teams have radically changed the work environment.
•The U.S. spends $2.3 trillion on projects every year, or one-quarter its gross domestic product, and the world as a whole spends nearly $10 trillion of its $40.7 gross product on projects of all kinds.*

*PMI, The PMI Project Management Fact Book, Second Edition, 2001


•Information Technology (IT) projects are organizational investments that require
–Time
–Money
–Other resources such as people, technology, facilities, etc.
•Organizations expect some type of value in return of this investment
•IT Project Management is a relatively new discipline that combines traditional Project Management with Software Engineering/Management Information Systems to make IT projects more successful.