ebm680_Note01 - Chapter1: IntroductiontoProjectManagement

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Chapter 1 Introduction to Project Management Information Technology Project Management, Fourth Edition
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Information Technology Project Management, Fourth Edition 2 Learning Objectives Understand the growing need for better project management, especially for information technology projects. Explain what a project is, provide examples of information technology projects, list various attributes of projects, and describe the triple constraint of projects.
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Information Technology Project Management, Fourth Edition 3 Learning Objectives Describe project management and discuss key elements of the project management framework, including project stakeholders, the project management knowledge areas, common tools and techniques, and project success factors. Understand the role of the project manager by describing what project managers do, what skills they need, and what the career field is like for information technology project managers.
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Information Technology Project Management, Fourth Edition 4 Learning Objectives Describe the project management profession, including its history, the role of professional organizations such as the Project Management Institute, the importance of certification and ethics, and the growth of project management software.
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Information Technology Project Management, Fourth Edition 5 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.
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Information Technology Project Management, Fourth Edition 6 Project Management Statistics Worldwide IT spending continues to grow, and Forrester Research predicts that U.S. IT spending will grow by another 5.7 percent in 2005, to reach $795 billion.* In 2003, the average senior project manager in the U.S. earned almost $90,000 per year, and the average Project Management Office (PMO) Director earned more than the average Chief Information Officer ($118,633 vs. $103,925).** The Apprentice , the number-one U.S. reality television show in 2004, portrayed the important role of project managers. *Butler, Steve, “IT Spending,” Analyst Views , February 2004. **PMI, Project Management Salary Survey , Third Edition, 2003.
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Information Technology Project Management, Fourth Edition 7 IT projects have a terrible track record. A 1995 Standish Group study (CHAOS) found that only
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ebm680_Note01 - Chapter1: IntroductiontoProjectManagement

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