MIS 111 Lecture Notes - Lecture 36: Project Manager, Business Process, Business Analysis

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What is project management: project management is, the management of a team"s knowledge, skills, tools, and techniques, across to a broad range of activities. In order to meet the requirements of the particular project. Stages of project management: proposal, baseline plan, execution, control, conclusion, completion. Is there a direct correlation between the project and corporate strategy? (goals and objectives: risk, how certain are the numbers, what is the payback period, fixing problems with mythical man-month. Project stakeholder analysis: project management requires an analysis of all affected stakeholders, project sponsors, project managers, project team members, support staff, suppliers, project opponents. Stakeholder matrix: high interest/importance, low influence, they will require special initiatives if their interests are to be protected, high interest/importance, high influence, they are the basis for an effective coalition of support for the project. Low interest/importance: low influence, stakeholders are of less importance to the project, but monitoring of their influence must be maintained.

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