Lecture Ch 1

Lecture Ch 1 - Information Technology Project Management,...

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Information Technology Project Information Technology Project Management, Sixth Edition Management, Sixth Edition Note: See the text itself for full citations.
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Copyright 2009 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 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 Information Technology Project Management, Sixth Edition 2
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Copyright 2009 Discuss the relationship between project, program, and portfolio management and the contributions they each make to enterprise success 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 Describe the project management profession, including its history, the role of professional organizations like the Project Management Institute (PMI), the importance of certification and ethics, and the advancement of project management software Information Technology Project Management, Sixth Edition 3
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Copyright 2009 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 world as a whole spends nearly $10 trillion of its $40.7 trillion gross product on projects of all kinds More than 16 million people regard project management as their profession Information Technology Project Management, Sixth Edition 4
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Copyright 2009 Total global spending on technology goods, services, and staff was projected to reach $2.4 trillion in 2008, an 8 percent increase from 2007 In the U.S. the size of the IT workforce topped 4 million workers for the first time in 2008 In 2007 the total compensation for the average senior project manager in U.S. dollars was $104,776 per year in the United States, $111,412 in Australia, and $120,364 in the United Kingdom The number of people earning their Project Management Professional (PMP) certification continues to increase Information Technology Project Management, Sixth Edition 5
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Copyright 2009 IT Projects have a terrible track record, as described in the What Went Wrong? A 1995 Standish Group study (CHAOS) found that only 16.2% of IT projects were successful in meeting scope, time, and cost goals; over 31% of IT projects were canceled before completion A PricewaterhouseCoopers study found that overall, half of all projects fail and only 2.5% of corporations consistently meet their targets for scope, time, and cost goals for all types of project Information Technology Project Management, Sixth Edition 6
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This note was uploaded on 01/30/2011 for the course OM 493 taught by Professor Murray during the Fall '10 term at George Mason.

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Lecture Ch 1 - Information Technology Project Management,...

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