Project Management

To understand what project management is, we’ll start by clarifying what a project is.

A project is: a set of interrelated activities, usually involving a group of people who are working together toward a common goal over a period of time.

For example, individuals from different business units in your company collaborate on the design, building, testing, and modification of a new product.

Once the new product goes into production, the project ends for the design group.

But the project continues, with responsibility for producing, marketing, selling, and servicing the product moving to relevant business units as needed.

What you will learn in this topic:

• Define project objectives and scope

• Develop a realistic project schedule and budget

• Build an effective project team

• Assess and manage project risks

• Keep projects on track

• Communicate project progress and problems to stakeholders

• Evaluate project results and lessons learned

Lesson

1. Understand Project Management

2. Establish Project Scope

3. Develop a Schedule and Budget

4. Assemble Your Project Team

5. Manage Project Risk

6. Monitor Project Progress and Problem

7. Communication with Stakeholders

8. Close Out a Project