Basic Concepts
42 processes consisting of inputs, tools and outputs
project - a temporary group of related tasks done to create a unique product, service or result.
program - group of projects managed together to gain efficiencies on time, cost, etc
project management - using skills, time, knowledge and other resources to meet project requirements
Projects
- unique
- time-limited
- have a purpose
Baseline - original plan plus any approved changes. Used to measure how performance is deviating from the plan
Standard - document that provides guideline but not mandatory
Regulation - document that provides guidelines and is mandatory
project management vs operational management
operational management is ongoing
projects have an end