Project management is about converting business strategy into results by providing a standardized and repeatable process. It emerged as a distinct profession in the mid-20th century when people began actively seeking project management positions and receiving specific training, as opposed to accidentally taking on project manager roles based on their existing responsibilities. A project is a temporary endeavor with a defined beginning and end, intended to create a unique product, service, or result. Examples include software development, construction, relief efforts, market expansions, and process improvements. Projects must be expertly managed to deliver on-time and on-budget results through learning and integration.
1. Why Project Management?
Insights taken from The Executive
Guide to Project Management: PMI
Publications.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
http://www.pmi.org/~/media/PDF/Publication
s/PMIEXEC06.ashx
3. Why Project Management?
“Project Management is about
converting business strategy into
business results. It provides a
standardised process that can offer
repeatable results and can streamline
your company.”
– Judy Balaban, PMP, Director – PMO, Dow Jones & Co.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
4. Project Management has always
been practiced informally but began
to emerge as a distinct profession in
the mid 20th century.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
5. THEN: Previously people became project
managers accidentally, as a result of their
position and responsibilities.
NOW: People are actively seeking project
management positions and are receiving
specific education and training.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
7. Topic 1: Orientation
What is a Project?
A Temporary endeavour – definite
beginning and end.
Creates a unique product, service or result.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
8. Orientation
Examples of Projects:
Development of software for an improved business
process.
Construction of a building or bridge.
Relief effort after a natural disaster,
Expansion of sales into a new
geographic market .
Implementing, improving, or enhancing
existing business processes and procedures.
Conducting a research effort.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.
10. Orientation
Projects must be expertly managed
to deliver the on-time, on-budget
results, learning and integration that
organisations need.
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CAPM Training Slides: Lorraine Lord MBA,
PMP.