-projectmanagementframework-ver.pptVIP

* Project Management Framework Source: A Guide to the Project Management Body of Knowledge (PMBOK?) Financial Services Solutions | B P O | Technologies Compiled by: PMO * Project – A project is a temporary endeavor undertaken to create a unique product or service. With a definite beginning an end date Creates a unique product, service or result Has interrelated activities Is progressively elaborated as the project is better understood Operation – Involves work that is continuous without an end date and often repeats the same process. Project Management – Is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements. PMBOK – The project management body of knowledge (PMBOK?) is an inclusive term that describes the sum of knowledge within the profession of project management. Definitions - Project, Project Management, PMBOK * Project Management Endeavors Program – A program is a group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Sub-Projects – Projects are frequently divided into more manageable components or subprojects. Project Portfolio Management – Refers to the selection and support of projects or program investments. These investments in projects and programs are guided by the organization’s strategic plan and available resources. * Project Stakeholders Stakeholder – Are individuals and organizations that are actively involved in the project, or whose interests may be positively or negatively affected as a result of project execution or project completion; they may also exert influence over the project and its results. Key Stakeholders on every Project include Project Manager Customer Performing Organization Project Team Members Project Sponsor Many different names and categories of Project Stakeholders are Internal External Owners Funder’s Sellers Contractors Team Members and their Families Gov