Page 62 - DCAP307_PLANNING_AND_MANAGING_IT_INFRASTRUCTURE

Planning and Managing IT Infrastructure

Notes 3.5 Summary

 Project management is the defining factor of an organisation’s success which is considered
as a meter that gauges the potential risks and finds the solutions to overcome them.

 A project is defined in terms of its distinctive characteristics, that is, a project is a temporary
endeavour undertaken to create a unique product or service.

 Project Management tries to gain control over various variables such as time, cost, quality,
scope, risk, people and process.
 Each project phase is marked by completion of one or more deliverables. A deliverable is
a tangible, verifiable work product such as a feasibility study, a detail design, or a working
prototype.

 Project management is the application of knowledge, skills, tools, and techniques to project
activities to meet project requirements.
 To help understanding the integrative nature of project management, and to emphasise
the importance of integration, project management has been defined in terms of the
various component processes and their interactions.

 Project management knowledge areas include all the aspects of the project management
that are required for the successful completion of a project on time with the best output.
 The Project Management Knowledge Areas describes project management knowledge
and practice in terms of the various component processes. These processes have been
organised into nine knowledge areas such as Project Integration Management, Project
Scope Management, etc.

3.6 Keywords

Execution: Execution processes coordinates people and other resources to carry out the plan.
Planning: Planning process defines and refines objectives and selects the best of the alternative
courses of action to attain the objectives that the project was undertaken to address.
Product-oriented Processes: Product-oriented processes specify and create the project’s product.
Project Life Cycle: The project life cycle serves to define the beginning and the end of a project.

Project Management Processes: Project management processes describe, organise, and complete
the work of the project.
Project Management: Project management is the application of knowledge, skills, tools, and
techniques to project activities to meet project requirements.
Project Manager: The project manager is in charge of gathering, organising, and directing the
resources necessary to provide a project with the most efficient result.

Project: A project is a temporary endeavour undertaken to create a unique product or service.

3.7 Review Questions

1. What is project management? Elucidate the importance of project management.
2. What is a project? Discuss the concept of IT project with examples.

3. Discuss the concept of different project variables. Also give examples.

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