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Individuals in the work field are legalizing that developing good skills helps in the workforce and many concepts of project management helps with everyday lives. Advantages: Better control of financial, physical, and human resources Improved customer relatives Shorter development times Lower costs and improved productivity Higher quality and increased reliability Higher profit margins Better internal coordination Positive impact on meeting strategic goals Higher worker morale What is a project and what are the main attributes?How is a project different from what most people do in their day-to-day jobs? What is the triple constraint? A project is a temporary endeavor undertaken to create a unique product, service, or result. Projects are not operations. Projects end when objectives are reached or had been terminated.Attributes of a project are the following: A project has a unique purpose A project is temporary A project is developed using a progressive elaboration A project requires resources, often from various areas A project should have a primary customer or sponsor A project sponsor provides direction of funding the project A project involves uncertainty As stated above projects are temporary and every day operations is work one in organizations to sustain the business.Triple constraint means scope, time, and cost. Successful projects must consider these objectives. Some consider quadruple constraint because quality is a key factor too, so scope, time, cost and quality. What is project management? Briefly describe the project management framework, providing examples of stakeholders, knowledge areas, tools and techniques, and project success factors.Project management is â€Å"the application of knowledge, skills, tools and techniques to project activities to meet project requirements. † Elements of ramekin are stakeholders- people involved in or affected by project activities and include project sponsor, project team, support staff, customers, users , supplies and opponents of project. Knowledge areas managers must develop. For core knowledge areas are project scope, time, cost, and quality management. These lead to specific project objectives.Project management tools and techniques assist managers and their teams in carrying out work in all nine knowledge areas: Knowledge- Integration Management- tools- project management software, change request, lesson earned reports, Scope Management- scope statements, work breakdown structures, requirement analysis, Time Management- Gaunt charts, Cost Management- net present value, return investment, payback analysis, earned value management, project portfolio, cost estimates, cost management plans, cost baselines, Quality Management, quality metrics, checklist quality control charts, diagrams, fish bone diagrams, maturity models, statistical methods, Human Resources Management, motivation techniques, emphasize listening, responsibility assignment, matrices, project organizational charts, resources castigator, team building exercises, Communication Management, kick off meetings, progress reports, Risk Management, risk management plans risk registers, probability, impact matrices, risk rankings, Procurement Management, make or buy analyses, contracts, requests for proposals or quotes, source elections, supplier evaluation matrices. Project Success Factors: The project met scope, time, and cost goals The project satisfied the customer or sponsor The results of project met its main objective, such as making or saving a certain amount of money providing a good return investment or making the pompons happy. What is a program? What is a project portfolio? Discuss relationships between projects, programs, and portfolio management and contributions they each make to enterprise success. Program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.Infrastructure Application Development User Sup port Portfolio Management is organizations group and manages projects programs as portfolio investments. Program managers coordinate the efforts of project teams, functional groups, suppliers, and operations staff purporting projects to ensure that project products and processes are implemented to maximize benefits. Also responsible for not only delivery of projects but they are change agents. Responsible for success of products and processes produced these projects. Portfolio managers help organization make Wise investments decisions by helping to select and analyze projects from strategic perspective.Important principles make sure your projects are driven by strategy and engage stake holders. Portfolio management allows viewing and managing all projects at the enterprise level. These can be Rosen down into categories venture, growth and core of IT projects. Many organizations use specialized software Enterprise or portfolio to organize and analyze all types of projects data into p roject portfolio. What is the role of project manager? What are suggested skills for all project managers? Why is leadership so important for information technology project managers? Project managers can have different job descriptions which can vary from industry to organization but all they all have similar tasks.Skills for project managers are the following: The project management Body of Knowledge Application area of knowledge, standards and regulations Project environment knowledge General management knowledge and skills Soft skills or human relation skills Very important for IT project managers must be willing to develop more than their technical skills to be productive team members and successful project managers. â€Å"Leaders determine vision and managers achieve the vision. † â€Å"You lead people and manage things. † Ten key trades: People skills Leadership Listening Integrity, ethical behavior, consistent Strong at building trust Verbal communication Strong at building teamsConflict resolution Conflict management Critical thinking problem solving Understand, balances priorities Careers for information technology project managers are in demand. Although the new approach will be populated with versatility those with technical backgrounds will also need to know business sector inside and out. The IT project manager will need to architect and carry out IT plans that will add business value and can cultivate relationships both inside and outside company. IT executives listed the skills predicted would be most in demand in the next two five years. Project program management come first, followed by business process management, business analyst and application development.Briefly describe some key events in history of project management. What roles do the Project management Institute and other professional societies play in helping the profession? 191 7 Henry Gaunt developed famous Gaunt charts for scheduling work for factories. Now used for displaying project schedule information by listing project activities ad there corresponding start and finish date. Now used with the aid of computers. Military key holders for refining several project management techniques as well as critical path which are the longest path through a network diagram that determines the earliest completion of a project. Manhattan project key to modern project management.PM was founded in 1969. A large percent of members work in information technology field and because there are so many people working on projects in various industries, PM has created GIGS. Specific Interest Groups that enable members to share ideas about project management in particular application areas and other societies are available on PM website. They also offer certifications that continue to rise to higher demand. For a project manager or student it is important for a person to become member. What functions can you perform with project management software? What are some popul ar names Of low-end, mid-range, and high-end project management tools?