110 likes | 394 Views
Project Management. What is Project Management?. The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements. History of Project Management. 1945 – 1960 Over-the-fence management
E N D
What is Project Management? • The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements
History of Project Management • 1945 – 1960 • Over-the-fence management • The Department of Defense realized this method was ineffective • The idea of a project manager with accountability for the entire project came about • By the late 1950s, the aerospace and defense industries were using project management on all their projects (pressured suppliers to do the same)
History of Project Management • 1960 - 1985 • By the 1970’s NASA and the DOD required subcontractors to use project management • The purpose of project management was to put together the best possible team to achieve the objective. At termination the team would be disbanded. • 1985 - present • Executives now realize the necessity of project management as a way to handle complexity, meet customer expectations, and remain competitive
Benefits of Project Management • Better coordination among functional areas • Ensure that tasks are completed even when there is personnel turnover • Minimize the need for continuous reporting • Identification of realistic time limits • Early identification of problems • Improved estimating capability • Easier to monitor success
Organizational Structures are Evolving to Meet the Need for Project Management • Functional • Project • Matrix
Functional Organizational Structure CEO VP Engineering VP Manufacturing VP HR VP IT Staff Staff Staff Staff
Project Organizational Structure CEO Project A Manager Project B Manager Project C Manager Staff Staff Staff
What do Project Manager do? • Manage the people and resources necessary to meet scope, time, cost, and quality goals • Communicate the progress of the team with managers and customers
Project Management Careers • Average Salary in 2000 = $81,000* • Project Management Institute (PMI) is an international professional society for project managers (www.pmi.org) • Project Management Professional (PMP) Certification *PMI’s 2000 Salary Survey