Project Management

set direction

mission, vision, values, objectives, goals, strategies, initiatives, programs, + projects

deploy plan

managers develop more detailed plans for initiatives, programs, + projects (draw on strategy of organization, capitalized on new opportunities, fix weaknesses, minimize threats)

amount of effort, process used, + level of creativity that goes into creation of a business unit strategic plan can vary greatly

innovation

application of new ideas to the products, processes, + activities of a firm, leading to increased value (catalyst for growth + success of any organization)

reengineering

process of redesign/business process reengineering, radical redesign of business processes, organizational structures, information systems, + values of the organization

continuous improvement

form of innovation that involves constantly seeking ways to improve business processes + add value to products + services

technology acceptance model (TAM)

specifies the factors that can lead to better attitudes about the use of a new information system, along with its higher acceptance + usage

core competency

something that a firm can do well, provides customer benefits, is hard for competitors to imitate, + can be leveraged to many products + marketsp

paramaters for a project

scope, cost, time, quality, + user expectations

scope

definition of which tasks are included + not included in a project

cost

includes all capital, expenses, + internal cross-charges associated with the projects, buildings, operations, maintenance, + support

time

critical constraint (completion table)

quality

degree to which the project meets the needs of its users

user expectations

expectations about the project + how it will affect stakeholders

project management

application of knowledge, skills, + techniques to project activities to met project requirements

scope management

defining the work that must be done as part of the project + then controlling the work to stay within the agreed-upon scope (initiation, scope planning, scope definition, scope verification, scope change control)