GMS 450 Lecture Notes - Lecture 1: Project Management Professional, Project Plan, Project Management

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 450
• Professor: Peter Monkhouse

Document Summary

Worldwide organization for the promotion on project management o. Over 700,000 members, credential holders and volunteers in 195 countries around the world o. Pmi is the leading membership professional non-profit association for the project management profession: maintains and administers project management professional, certified associate in project management. Project: temporary endeavor undertaken to create a unique product, service result. Performed to achieve organization objectives or strategic plans. There may be uncertainties about the product, services or results. Tasks can be new to a project team. Projects can involve a single person, organization unit or multiple organizational units. Ongoing work effort is generally a repetitive process because it follows an organization"s existing procedures (not a. Project) o o o o o o o o o o. Scope: all the work and results required to meet the customer requirements. Cost: total agreed investment required to accomplish the project objectives. Schedule: timetable that identifies expected project start and completion and when each activity occurs.