Special Offers on Trainings

This blog has a tie up with Many top online training providers who are offering great deals for readers of this blog. The certifications covered include PMP, PMI RMP, PMI ACP, CAPM, Scrum Master Certification etc.

Click here to check them out.

Friday, May 6, 2011

Summary - Introduction to Project Management Topics

Let us quickly summarize what we learnt in the previous chapters about the basics of Project Management:

• The activities inside an organization are generally organized into groups, which fall into two categories: operations and projects.
• Operations usually consist of ongoing routine work, whereas a project has a goal to generate a unique product, service, or result in a fixed time frame i.e.,, it has a planned beginning and a planned end.
• Organizations launch projects for different reasons, such as to meet a business or legal requirement or to take on an opportunity offered by the market.
• A project, like anything else in an organization, needs to be managed.
• Project management is the application of knowledge and skills to project activities in order to meet the project objectives.
• It involves performing a set of processes that constitute nine knowledge areas of project management:
      o Communication management
      o Cost management
      o Human resource management
      o Integration management
      o Procurement management
      o Quality management
      o Risk management
      o Scope management and
      o Time management.
• Each process is part of a knowledge area and has a membership in one of the five process groups:
      o Initiating
      o Planning
      o Executing
      o Monitoring & controlling and
      o Closing.
• The process groups represent different stages of a project lifecycle.
• Each project has a set of individuals or organizations that it influences positively or negatively, and these individuals and organizations are accordingly called positive and negative stakeholders.
• Some of these stakeholders may influence the project. Therefore, you must identify all the project stakeholders, positive and negative.
• The different project stakeholders might have different and conflicting expectations, which you as the project manager need to analyze and manage.
• The project environment consists of elements such as organizational culture, organizational structure, enterprise environmental factors, and organizational process assets.
• The structure of the performing organization could be functional, projectized, or matrix.
• In a Functional Organization project managers don't have much authority whereas in a projectized organization, the project manager is king. And there is the matrix organization which can be a combination of either extremes.
• Some organizations have a composite structure, which is a hybrid of these three basic structures.
• A project can be standalone or part of a program, which is a collection of interrelated projects and possibly non-project work.
• A project can also be part of a portfolio, which is a collection of programs, projects, and other related work.

Previous: Big Picture of Project Management

Next: Important Terms & Definitions


  1. hi Anand, I am feeling lucky to find your blog. It is being very helpful so far.
    I will surely update you when I get certified.

    Thanks for all the efforts and the great details.

  2. This is very usefull blog for all PMP aspirants and i hope defenitely i will get PMP certification.

  3. @ Subramanian

    Thank you. Do, remember to post your comments once you pass the exam :)

    Best wishes



Google+ Badge

© 2013 by www.getpmpcertified.blogspot.com. All rights reserved. No part of this blog or its contents may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the Author.


Google+ Followers

Popular Posts