Project Management

1867 Words Feb 12th, 2012 8 Pages
Southern New Hampshire University | Week 1 Written Assignment | In Partial fulfillment for MS Operations and Project Management | 1-14-2012 |

Name and briefly describe the primary goals of a project?
According to Figure 1-1 of our text book, the three primary goals of a project are: 1) Performance: One has to ask themselves during a project if you have met the objectives of the project. Performance can be measured by evaluating the processes such as scope verification, quality planning, quality assurance, and quality control. The initial performance goals should be outlined in the initial Scope of Work. 2) Time: All projects will have a deadline, whether it is tied to an event (e.g. Olympics) or an arbitrary deadline set by
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A project creates a capability to perform a service. A Project is always developed in steps and continuing by increments – Progressive Elaboration.” (Project Management Guide, 2011) There are 7 main characteristics of a project: 1) Importance: The project must have the senior management buy in, without this a project will fail when problems first arise. 2) Performance: A project should have a comprehensive SOW. With a clear indication of performance objectives one can measure the success of a project. A project must coordinate and control all of the tasks needed. 3) Lifecycle: According to the definition of a project characteristic they are temporary and have a definite beginning and a definite end. At the end of the project one needs to transition the project to normal business operations. 4) Interdependencies: Project usually are coordinated with normal business operations. Activities must be fluid between the temporary endeavor and these operations to be successful. 5) Uniqueness: Project management is used when a new goal that has not been tried before is taken on. The development of the moon rover in the Apollo Program is an example of this type of uniqueness. Project should not be used for normal business operations such as cutting payroll checks. 6) Resources: Projects typically have a limited amount of resources. These resources need to be carefully managed as to not overextend them (e.g. Budget,
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