ITSS 4330 Study Guide - Midterm Guide: Critical Path Method, Project Portfolio Management, Executive Sponsor

• School: UT-Dallas
• Department: Information Technology and Systems
• Course: ITSS 4330
• Professor: Prithi Narasimhan

Document Summary

Better control of financial, physical, and human resources. Temporary endeavor undertaken to create a unique product, service or result. Large or small, take a short or long time to complete. Example project: building an extension on your house, create a smartphone application and sell online. Example operations: watering plants twice a week, fixing defects in an existing application. Diverse in size, complexity, products produced, application area, and resource requirements. Outsourcing acquire goods and/or sources from an outside source. Virtual teams group of individuals who work across time and space. Knowledge areas: describe key competencies (behavior) that project managers must develop, scope management, time management, cost management, quality management, hr management, communications management, risk management, procurement management, stakeholder management o. Project manager work with project sponsors, project team and other people involved to meet project goals. Program manager: program group of related projects managed in a coordinated way to obtain benefit and control.