Project Management: Achieving Competitive Advantage, Fifth Edition

Summary

1. 1.1 Understand why project management is becoming such a powerful and popular practice in business. Project management offers organizations a number of practical competitive advantages, including the ability to be both effective in the marketplace and efficient with the use of organizational resources. It also offers the ability to achieve technological breakthroughs, to streamline new-product development, and to manage the challenges arising from the business environment.

2. 1.2 Recognize the basic properties of projects, including their definition. Projects are defined as temporary endeavors undertaken to create a unique product or service. Among their key properties are that projects are complex, one-time processes; they are limited ...