PJMT 1100: Principles of Project Management Spring 2024

Project Management Basics

• A project is a temporary endeavor undertaken to create a unique product, service, or result.
• Projects end when their objectives have been reached or the project has been terminated.

Project, Program, and Portfolio Management

• Project management involves applying knowledge, skills, tools, and techniques to project activities to meet project requirements.
• Program management involves managing a group of related projects in a coordinated way to obtain benefits and control not possible from managing them individually.
• Portfolio management involves managing a collection of programs and projects to facilitate effective management of that work and meet strategic business objectives.

Best Practices

• A best practice is an optimal way recognized by industry to achieve a stated goal or objective.

Working in Groups

• Group member responsibilities include applying project management principles and theories learned by demonstrating practical knowledge through the creation of a unique group project presentation.

Course Evaluation

• Evaluations will include individual and group assignments, knowledge checks, mid-term and final exams, and a group project presentation.
• The evaluation percentages are:
  • Individual commitment and participation: 5%
  • Knowledge checks: 10%
  • Group assignments: 30%
  • Mid-term exam: 25%
  • Final exam: 25%
  • Group project: 25%

Class Schedule

• The course will cover various topics, including introduction to project management, project management knowledge areas, project planning, and project stakeholder management.

Project Management Advantages

• Project management offers several advantages, including better control of resources, higher profit margins, improved customer relations, improved productivity, shorter development times, lower costs, higher quality, and better internal coordination.

The Project Manager

• The project manager works with the project team, project sponsor(s), and stakeholders to facilitate the entire process to meet the needs and expectations of project stakeholders.
• The project manager acts as both leader and manager, focusing on "big-picture" and long-term goals, and deals with the day-to-day details of achieving specific goals.

Most Important Skills

• The most important skills for a project manager include people skills, verbal communication, leadership, listening, conflict management and resolution, integrity and ethics, critical thinking, and problem-solving, building trust, and understanding and balancing priorities.

The Project

• A project is a temporary endeavor with a unique purpose, developed using progressive elaboration, requiring resources, and having a sponsor or customer.
• A project ends when its objectives have been reached or it is terminated.

Project Success

• A project is deemed successful if it has met the project constraints (time, cost, scope), met its main objective, and provided a good return on investment.

Group Issues

• If group issues arise, students should attempt to resolve them within their group. If unable to resolve, students should reach out to the instructor via email.

Apply project management principles and theories by creating a unique group project presentation. Course evaluation for PJMT 1100, Spring 2024.