Chapter 2: Foundations of Project Management
Define key project management terms to provide an understanding of foundational concepts
Compare projects, programs, and portfolios
Introduce the competing demands that project managers have to manage to achieve a successful project
Describe the functions of Project Management Offices (PMOs)
Introduce enterprise environmental factors and their affect on projects
Before discussing the project management process, you need a foundation of key project management definitions and concepts. In this chapter, I discuss how projects relate to programs, portfolios, and the PMO. I also introduce the important concept of competing demands. Understanding how competing demands require you to balance time, cost, scope, quality, risk, and resources is important before looking at those topics individually in later minibooks.
Competing demands can constrain your project, but they aren’t the only things that you have to keep in mind when ...