14.1 The growing importance of Project Management
project:
- temporary endeavour undertaken to create a unique product / service / results
- clear starting and ending point
- may happen only once in a decade and have a significant impact on a firm's competitive
position
- require significant levels of cross-functional and interorganizational coordination
project management 1:
- application of knowledge / skills / tools / techniques to project activities
- numbers of project increases g case for improved p.m. becomes stronger
14.2 The growing importance of Project Management
- whole set of tools has been developed to plan / control projects
- typical five phases of a generic project:
Resources required
Project Planning Performance
definition
Postcompletion
Concept
Time
Concept Phase
- development of a broad description of what the project and its scope will be
- key outputs: initial budget estimates, estimates of personnel needed, and required completion dates
1 in the following: abbreviation p.m. will be used
- 16
16 - Jannis Mertens
project:
- temporary endeavour undertaken to create a unique product / service / results
- clear starting and ending point
- may happen only once in a decade and have a significant impact on a firm's competitive
position
- require significant levels of cross-functional and interorganizational coordination
project management 1:
- application of knowledge / skills / tools / techniques to project activities
- numbers of project increases g case for improved p.m. becomes stronger
14.2 The growing importance of Project Management
- whole set of tools has been developed to plan / control projects
- typical five phases of a generic project:
Resources required
Project Planning Performance
definition
Postcompletion
Concept
Time
Concept Phase
- development of a broad description of what the project and its scope will be
- key outputs: initial budget estimates, estimates of personnel needed, and required completion dates
1 in the following: abbreviation p.m. will be used
- 16
16 - Jannis Mertens
