ADMS 3930 Lecture Notes - Lecture 8: Executive Sponsor, Project Manager, E.G. Time

52 views4 pages

Document Summary

All organizations can divide their daily work into 2 areas: Operations: the work done on a day-to-day basis to keep the organization going. Both are temporarily and eventually finish and are performed by people that work within the organization. Constrained by limited resources e. g. time, resources, skills. Operational work: day-to-day activities e. g. cashiers making sales, finance role, administration role, maintenance etc. Project work: to either fix a problem or to take advantage of a business opportunity. Projects: can be any size and can be undertaken at all levels of the company and is linked to the orga(cid:374)izatio(cid:374)"s (cid:271)usi(cid:374)ess strategy. Unique venture with beginning and an end, carried out by people to meet a specific objective within parameters of schedule, resources and quality. Triple constraint: 3 parameters of projects the amount of time, money to be allocated and scope (the work of the project) You (cid:272)a(cid:374)"t ha(cid:448)e a proje(cid:272)t that is good, fast a(cid:374)d (cid:272)heap.

Get access

Grade+
$40 USD/m
Billed monthly
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers

Related Documents