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A Guide to Project Management

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Unformatted text preview: ment and related fields. Trainers developing project management educational programs. As a basic reference, this document is neither comprehensive nor all inclusive. Appendix E discusses application area extensions while Appendix F lists sources of further information on project management. This document is also used by the Project Management Institute as a basic reference about project management knowledge and practices for its professional development programs including: Certification of Project Management Professionals (PMP). Accreditation of educational programs in project management. ment ment 1.2 WHAT IS A PROJECT? Organizations perform work. Work generally involves either operations or projects, although the two may overlap. Operations and projects share many characteristics; for example, they are: Performed by people. Constrained by limited resources. Planned, executed, and controlled. Projects are often implemented as a means of achieving an organization's strategic plan. Operations and projects differ primarily in that operations are ongoing and repetitive while projects are temporary and unique. A project can thus be defined in terms of its distinctive characteristics--a project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite end. Unique means that the product or service is different in some distinguishing way from all other products or services. For many organizations, projects are a means to respond to those requests that cannot be addressed within the organization's normal operational limits. Projects are undertaken at all levels of the organization. They may involve a single person or many thousands. Their duration ranges from a few weeks to more than five years. Projects may involve a single unit of one organization or may cross organizational boundaries, as in joint ventures and partnering. Projects are critical to the realization of the performing organization's business strategy because projects are a means by which strategy is implemented. Examples of projects include: Developing a new product or service. Effecting a change in structure, staffing, or style of an organization. Designing a new transportation vehicle. Developing or acquiring a new or modified information system. Constructing a building or facility. Building a water system for a community in a developing country. Running a campaign for political office. Implementing a new business procedure or process. geE L geE PL P 4 NAVIGATION LINKS ACROYMNS LIST ACRONYMS LIST ACROYMNS LIST A Guide to the Project Management Body of Knowledge (PMBOK Guide) 2000 Edition 2000 Project Management Institute, Four Campus Boulevard, Newtown Square, PA 19073-3299 USA Chapter 1--Introduction 1.2.1 Temporary Temporary means that every project has a definite beginning and a definite end. The end is reached when the project's objectives have been achieved, or when it becomes clear that the project obj...
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