CSIT214 Lecture Notes - Lecture 3: Project Plan, Project Charter, Net Present Value
18 Dec 2019
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Document Summary
Project integration management involves coordinating all the other project management knowledge areas throughout a projects life cycle to ensure that all of the elements of a project come together at the right time to complete the project successfully. Narrowing down a the list of potential projects to those most beneficial to an org is the job of a project manager. Projects that fall into any of these categories are more likely to get approved for funding. You might also like to categorise projects based on their timing (how long they wil take to complete) and their priority based on the business enviornment. High priority projects should always take precedence: performing npv or other financial analysis: Npv: (used to calculate expected monetary gain or loss on a project by calculating the value of all expected future cash inflows and outflows at present) --- only projects with a positive.
