Day 1

  • Stakeholders are people involved in or affected by the project activities. Successful project managers develop good relationships with project stakeholders to understand and meet their needs and expectations.
  • “Who does What by When”
  • Overall success rate of IT projects was only 16%. More than 31% of IT projects were canceled.
  • Project management involves Integration, Scope, Time, Cost, Quality, Human resource, Communication, Risk, Procurement, Stakeholder management. Aka Knowledge Area.
  • Project manager also work with the sponsor to define success for that particular project. They do not assume their definition of success but rather take the time to understand their sponsor’s expectations.
  • program is a group of related projects managed in a coordinate way to obtain benefits and control not available from managing them individually.
  • portfolio is a collection of projects and programs that are grouped together to facilitate effective management to meet strategic business objectives. Individual projects and programs often address tactical goals, whereas portfolio management addresses strategic goals.
  • Project managers must develop knowledge and skills in 1. the ten knowledge areas 2. application areas (industry, market) 3. project environment (politics, culture) 4. general business 5. human relations.
  • Examples for improving project management skills from Trump’s Apprentice. 1. Leadership and professionalism are crucial. 2. Know what your sponsor expects from the project. 3 Trust your team and delegate. 4. Know the business. 5. Stand up for yourself. 6. Be a team player. 7. Don’t be overly emotional and stay organized. 8. Think outside the box.
  • Top Ten Skills for Effective Project Mangers. 1. People skills. 2. Leadership. 3. Listening. 4. Integrity, ethical behavior, consistent. 5. Strong at building trust. 6. Verbal communication. 7. Strong at building teams. 8. Conflict resolution/management. 9. Critical thinking/problem solving. 10. Understands and balances priorities.
Last modified: February 24, 2019



Write a Reply or Comment