ITM 750 Lecture Notes - Lecture 3: Project Plan, Project Management Software, Project Charter

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3 important criteria for projects: there is a need for the project, there are funds available, there"s a strong will to make the project succeed. Weighted score model: a tool that provides a systematic process for selecting projects based on many criteria. Project management plan: a document used to coordinate all project planning documents and help guide a project"s execution and control. Elements of the plan: description of how the project is organized, management and technical processes used on the project work to be done, Introduction or overview of the project schedule and budget information. Coordinating planning and execution: project planning and execution are intertwined and inseparable activities, project managers must solicit input form the team to develop realistic plans those who will do the work should help to plan the work. Baseline: the approved project management plan plus approved changes.

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