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Neha Tikoo, Lovely Professional University Unit 1: Introduction to Projects

Unit 1: Introduction to Projects Notes

CONTENTS
Objectives
Introduction
1.1 Project Management

1.2 Project Manager and his Responsibilities
1.3 PM as a Profession
1.4 Selection of a Project Manager
1.5 Fitting Projects into Parent Organisation
1.6 Project Management Team
1.7 Project Model

1.7.1 Non-numeric Models
1.7.2 Numeric Models: Profit/Profitability
1.8 Phases of Project Management
1.9 Project Environment
1.10 The 7s of Project Management

1.11 Summary
1.12 Keywords
1.13 Review Questions
1.14 Further Readings

Objectives

After studying this unit, you will be able to:

Know project manager and his responsibilities;
Understand selection of a project manager;
Know about the phases of project management;

Describe evolution of sales department.
Introduction

A project is a group of unique, inter-related activities that are planned and executed in a certain
sequence to create a unique product or service, within a specific timeframe, budget and the
client’s specifications. Some of the characteristics of the tasks that qualify to be a project are:
uniqueness, specificity of goal, sequence of activities, specified time and inter-relatedness. Projects
are carried out under many resource constraints and their success depends on the ability of the
manager to manage these constraints effectively. Project management is the application of the
knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder
needs and expectations.

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