ITM 305 Chapter Notes - Chapter 2: Leet, Google, Deliverable
22 Oct 2012
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Project management is the process of planning and controlling system development within a specified time at min. cost with right functionality. A project is a set of activities with a specified beginning and end point meant to create a system that brings value to the business. Project managers monitor and control all tasks and roles that need to be coordinated. Inception phase: generate a system request based on a business need or opportunity. Perform a feasibility analysis; revise the system request. Projects are driven business needs: identified by business people, identified by it people, identified jointly by business and it. The project sponsor believes in the system and wants to see it succeed: normally this is a business person, should have authority to move it forward. 2% reduction in operating cost: intangible value. We know it will add value & save time, but we may not be able to quantify or measure its benefits.
