Summary : Project Management Learning

According to A Guide to the Project Management Body of Knowledge (PMBOK® Guide), - Third Edition,

Larson, E., & Gray, C. (2010). Project management, the managerial process. (5th ed., p. 158).

Gray, C. F. & Larson, E. W. (2008). _Project Management: The Managerial Process_. Boston, MA: McGraw-Hills Companies, Inc.

As the world is chaotic (Djavanshir and Khorramshahgol, 2006) it is impossible to always predict the future accurately. Teller at al (2012) describes project management as balancing the “iron triangle”, where changes to any one of the planned costs, quality or scope will change the other elements. Risk management allows contingency to be put into project plans, (APM, 2012) minimising negative effects and maximising the benefits of uncertainty.

“Originality is the essence of true scholarship. Creativity is the soul of the true scholar.”

system analysis personnel are professional, should not be involved in their own interests, no prejudice to the position.

The project management cycle has several guidelines that should be followed, for success to be achieved, and minimal disruption experienced. Project management cycles allows for the taking care of constituent processes that contribute to a large successful project. The recent organization where I have worked which will be considered is the Chase Bank. Banks are rolling out new departments so that they reach out as many clients as possible. The banks are also trying to minimize the risks that they encounter, and remain competitive when benchmarked against other industry players. The use of project management has also been expected to be beneficial in the evaluation of diversified banking products. The benefits conferred by the new products can be evaluated and assessed for the profitability that they have contributed to the organization, and projection of future profitability conducted. Just like other international banks, Chase Bank has branches globally that offer similar products, with minimal tweaks depending on the region.

Seeking a position where I can integrate my healthcare and project management education and experiences to positively impact and shape the changing world of healthcare.

1) Which pedagogy is most comfortable for you and your current teaching style? What about this pedagogy appeals to you most?

OLS 371 is a project management class for teams to learn project management skills through planning and developing through hosting a community service event in the form of a bike ride for Central Indiana Bicyclers Association (CIBA). Team is defined as a group of people that come together to achieve a common goal. The common goal for students in OLS 371 was to successfully host a bike ride.

Academics agree (Birlouez 2009, Siegelaub 2006) that the business case remains relevant throughout the project lifecycle and ultimately determines whether, through a change to feasibility of the business case at a certain point, the project should be terminated.

Today’s business executives are asking their managers and employees “to do more… with less”. Fewer Project Managers are leading more projects with poor results, the latest Standish Group – Chaos Report shows that only 28% of IT projects succeed. Many believe that the key to Project success in not applying technical management principles, but rather, more artful soft skills such as communication and creativity. (Belzer, 2004).

These failures call into question the efficiency of conventional project management approaches such as the Critical Path Method (CPM) and the Program Evaluation and Review Technique (PERT). Both techniques, developed almost simultaneously in the second half of the 1950s by the Du Pont Corporation and the US Navy respectively, offered tremendous benefits in terms of time and cost reductions and as a result were widely implemented across many industrial sectors (Morris 1994 p32). Unfortunately, for many, the complexities of contemporary projects can no longer be reliably managed by traditional approaches.

It makes more the students be interested in the topic and motivated to learn. Nowadays, it is usually used by teachers in teaching their subject. 21st century learners are techy and computer literate, the passages of information is faster. The more you used technology and unique programs, the more they listen and participate

1. A Guide to the Project Management Body of Knowledge; PMBOK Guide. 2008 Fourth edition. United States of America. Project Management Institute, Inc.