This new text provides students with clear step-by-step techniques for creating, developing, and evaluating essential project management tools. Readers will learn concepts and skills using project plans, work breakdown structures, budgets, network diagrams, resource allocations, and project evaluations.
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Stanley Portny, PMP, president of Stanley E. Portny and Associates, LLC, is an internationally recognized expert in project management and project leadership. During the past 28 years, he has provided training and consultation to more than 100 public and private organizations in the fields of finance, consumer products, insurance, telecommunications, pharmaceuticals, information technology, defense, and health care. He has developed and conducted training programs for over 25,000 management and staff personnel in engineering, sales and marketing, research and development, information systems, manufacturing, operations, and support areas.
You can get there
Where do you want to go? You might already be working in the business world and may be looking to expand your skills. You might be setting out on a new career path. Or, you might want to learn more about exciting opportunities in project management.
Wherever you want to go, Wiley Pathways Project Management will help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you learn fundamental project management concepts; it also helps you master the core competencies and skills you need to succeed in the classroom and in the real world. The book’s brief, modular format and variety of built-in learning resources enable you to learn at your own pace and focus your studies.
With this book, you will be able to:
Wiley Pathwayshelps you achieve your goals
When it comes to learning about business, not every student is on the same path, but every student wants to succeed. The business series in the new Wiley Pathways imprint helps you achieve your goals. The books in this series—Marketing, Business Communication, Finance, Business Math, Real Estate, Small Business Management, Supervision, Project Management, Selling, and Personal Finance—offer a coordinated curriculum for learning business. Learn more at www.wiley.com/go/pathways.
You can get there
Where do you want to go? You might already be working in the business world and may be looking to expand your skills. You might be setting out on a new career path. Or, you might want to learn more about exciting opportunities in project management.
Wherever you want to go, Wiley Pathways Project Management will help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you learn fundamental project management concepts; it also helps you master the core competencies and skills you need to succeed in the classroom and in the real world. The book’s brief, modular format and variety of built-in learning resources enable you to learn at your own pace and focus your studies.
With this book, you will be able to:
Wiley Pathwayshelps you achieve your goals
When it comes to learning about business, not every student is on the same path, but every student wants to succeed. The business series in the new Wiley Pathways imprint helps you achieve your goals. The books in this series––Marketing, Business Communication, Finance, Business Math, Real Estate, Small Business Management, Supervision, Project Management, Selling, and Personal Finance—offer a coordinated curriculum for learning business. Learn more at www.wiley.com/go/pathways.
Guiding People, Resources, and Processes to Successful Completion
Starting Point
Go to www.wiley.com/college/portny to assess your knowledge of the basics of project management.
Determine where you need to concentrate your effort.
What You'll Learn in This Chapter
* The range of projects in today's workplace
* Three essential elements of any project
* The contrasts between project management and general management
* The responsibilities of project managers
* Roles of key people associated with projects
* The challenges of project management
* Four types of projects based on product and process change
* On-site and off-site project management
After Studying This Chapter, You'll Be Able To
* Understand the foundational knowledge of project roles, responsibilities, types, and terms in order to manage projects
* Differentiate among the roles of project managers, functional managers, functional employees, upper management, and project champions
* Propose solutions to common project management challenges
* Compare projects based on product and process change they involve
INTRODUCTION
Dynamic companies organize their employees and resources around projects, which are managed by project managers. Project managers' careful balancing of outcomes, schedules, and resources often determines whether a project is a success. Although project management is considerably different from general management, typical roles and responsibilities exist for the people involved in projects. The challenges of project management-most notably the high expectations from upper management combined with little or no hierarchical authority-are intense, but savvy, thoughtful project managers can impact the entire direction of an organization. Projects fall into four general categories, regardless of industry. Thanks to technology, project managers can manage people and resources anywhere in the world.
1.1 Understanding Project Management
Successful organizations create projects that produce desired results in established timeframes with assigned resources. As a result, businesses are increasingly driven to find individuals who can excel in this project-oriented environment.
People wanting to move ahead in their careers appear to be getting the message. Growing numbers of people at all levels in organizations are looking for ways to get a better handle on their projects. A Fortune magazine article recently identified "project manager" as the number-one career option. What the article didn't say is that the majority of people who are becoming project managers aren't doing so by choice. Instead, project management is often an unexpected but required progression in their chosen career paths.
Successful project managers need targeted skills and techniques so they can steer projects to successful completion.
1.1.1 Defining Projects
A project is a temporary endeavor undertaken to create a unique product or service. It is specific, timely, usually multidisciplinary, and always conflict ridden. Projects also vary greatly.
* Projects may be large or small. Installing a new subway system, which may cost more than $1 billion and take 10 to 15 years to complete, is a project, and so is preparing a report of monthly sales figures, which may take one day to complete.
* Projects may involve many persons or just one. Training all 10,000 members of an organization's staff in a new affirmative-action policy is a project, as is rearranging the furniture and equipment in an office.
* Projects may be planned formally or informally. Many projects are included in an organization's annual plan and require formal approval of all work to be performed, all personnel assignments, and all resource expenditures. Others projects are assigned to workers in the course of a conversation, with no mention of budget or additional staff.
* Projects may be tracked formally or informally. For some projects, all hours spent are faithfully recorded on time sheets and all dollars expended are separately identified in the organization's financial system. For others, no record of hours spent is ever kept and expenditures are just considered as part of the organization's operating budget.
* Projects may be performed for external or internal clients and customers. Repairing a piece of equipment that your company sold to a customer is a project. Writing an article for your organization's internal newsletter is also a project.
* Projects may be defined by a legal contract or an informal agreement. A signed contract between a builder and a customer to construct a house defines a project; a promise made to install a new software package on a colleague's computer similarly defines a project.
In the workplace, the following two terms are often confused with a project:
1. A process is a series of steps by which a particular job function is routinely performed. A company's annual budgeting process or the procedure a manager goes through to procure new office equipment are examples of processes. A process is not a one-time activity that achieves a specific result; instead, a process defines how a particular job is to be done every time it's done. Processes, such as the activities performed to buy needed materials, are often included as parts of projects.
2. A program is work performed towards achieving a long-range goal. A health-awareness program and an employee-morale program are examples. A program never completely achieves its goal (for example, the public will never be totally aware of all health issues). Instead, one or more projects may be performed to accomplish specific results that are related to the program's goal (such as conducting a workshop on how to minimize the risk of heart disease). In this case, a program is comprised of a series of projects.
1.1.2 Defining Project Management
Project management is the process of guiding a project from its beginning through its performance to its closure. Project management includes the following three basic operations, or activities:
1. Planning includes specifying results to be achieved, determining schedules, and estimating resources required. Chapter 4 deals with project planning in detail.
2. Organizing includes defining people's roles and responsibilities. See Sections 1.4 and 4.2.
3. Controlling includes reconfirming people's expected performance, monitoring actions and results, addressing problems encountered, and sharing information with interested people. The chapters in Part IV deal with these responsibilities.
1.1.3 Why Projects and Project Management?
The reason that more organizations and businesses are organizing their operations around projects and assigning project managers to specific goals is simple. Projects attach the responsibility and authority for achieving an organizational goal on an individual or small group when the job does not clearly fall within the definition of...
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