IS 460 Discussion Questions - #2 What is a project and what are its main attributes How is a project different from what most people do in their

IS 460 Discussion Questions - #2 What is a project and what...

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#2 What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs? What is the triple constraint? What other factors affect a project? Project - A project is “a temporary endeavor undertaken to create a unique product, service, or result.” Attributes: • A unique purpose • Temporary • Developed using progressive elaboration • Requires resources often from various areas • has a primary customer or sponsor • involves uncertainty Projects are different from operations in that they end when their objectives have been reached or the project has been terminated. Triple constraint: • Money • Time • Scope Other factors include quality, resources, and risks. #3 What is project management? Briefly describe the project management framework, providing examples of stakeholders, knowledge areas, tools and techniques, and project success factors
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Project management has been defined as the application of knowledge, skill, tools, and techniques to project activities to meet project requirements. The project management framework can be used as a set of steps, tools, or applications that can help manage a project through its lifecycle. Key areas of the framework include project stakeholders, knowledge areas, tools and techniques, and the addition of successful projects to the enterprise. Project stakeholders are the people involved in or affected by project activities. Some examples of stakeholders include the project sponsor, project team, support staff, customers, users, suppliers, and even opponents of the project. 10 knowledge areas of project management: 1. Scope 2. Time 3. Cost 4. Quality 5. Human resources 6. Communications 7. Risk 8. Procurement 9. Stakeholder 10. Integration Project management tools and techniques can assist project managers and their teams in the 10 knowledge areas of project management. Some of these tools may include diagrams, return on investment calculations, network diagrams, and Gantt charts just to name a few.
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