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A Project is a:
Temporary endeavor with a definite beginning and end,
which
Creates a unique product, service or result; is
Done for a purpose,
Has interrelated activities, and
Is progressively elaborated
i.e. development in steps incrementally
Temporary
Projects start and they end
Outcome of a project however is not necessarily
temporary
Cost Scope
Q
Time
Areas of Expertise [PMBOK pg 12]
Effective project management requires that the project
management team understand and use the knowledge
and skills from at least five areas of expertise
The project management body of knowledge
Standards and regulations
Following a standard is options
Following a regulation is mandatory
Understanding the project environment
General management knowledge and skills
Interpersonal skills
What is a standard? [PMBOK pg 14]
“document established by consensus and approved by
a recognized body that provides, for common and
repeated use, rules, guidelines or characteristics for
activities or their results, aimed at the achievement of
the optimum degree of order in a given context.”
Some examples of standards are computer disk sizes.
What is a regulation?
A regulation is a government-imposed requirement,
which specifies product, process or service
characteristics, including the applicable administrative
provisions, with which compliance is mandatory.
Building codes are an example of regulations.
Standards often begin as guidelines that describe a
preferred approach and later, with widespread
adoption, become generally accepted as if they were
regulations
Different organizational levels can mandate
compliance, such as when a government agency, the
management of the performing organization, or the
project management team establishes specific policies
and procedures.
Regulations are not necessarily from the government
Project Environment
All projects are planned and implemented in a social
economic, and environmental context, and have
intended and unintended positive and/or negative
impacts. The project team should consider the project
in its:
Cultural and social environment
International and political environment
Physical environmental
Cultural and Social Environment
Understand how projects affect people and how
people affect projects
Understand aspects of economics, demographics,
education, ethics, religion
Examine the organization culture
Determine whether project management is recognized
as a valid role with accountability and authority for
managing the project
International & Political Environment
Be familiar with:
local / national / international laws
Political climate