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Monday, July 11, 2011

BUS528 Chapter 2 FOUNDATION PRINCIPALS

This chapter describes foundation principal of project management.


Project management is industry independent technique. Solid project management methods can be applied any industry and size of the projects. The goal is to improve the quality of the products with efficiency. This is the major factor for project management being studied as a discipline. However, project managers need skills and knowledge of the industries they belong. The project environment dictates skill requirements for project managers.

In this chapter, the details of project management functions are described. Most importantly, project definition must be done by the project manager. The purpose, goals, constrains should be clearly defined. Next thing is project manager needs to have controls, and to have the plan to meet the goal.  Finally communication is critical to have control and the plan progress smoothly.


Other points in this chapter:
  • Project/product life cycle
  • Organization

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