Chapter 3 Lecture5 and 6
Chapter 3 Lecture5 and 6
BIS326E
Information Systems Project
Management
Spring - 2022
Close Project
BIS326E– Spring 2022
Lecture (3) Project Management
Includes the processes and activities to identify, define, combine, unify, and
coordinate the various processes and project management activities within the Project
Management Process Groups.
Areas.
TAILORING CONSIDERATIONS
• Project life cycle. What is an appropriate project life cycle? What phases should
comprise the project life cycle?
• Development life cycle. What development life cycle and approach are appropriate for
the product, service, or result? Is a predictive or adaptive approach appropriate? If
adaptive, should the product be developed incrementally or iteratively? Is a hybrid
approach best?
• Governance. What control boards, committees, and other stakeholders are part of the
project? What are the project status reporting requirements?
• Lessons learned. What information should be collected throughout and at the end of the
project? How will historical information and lessons learned be made available to future
projects?
• Benefits. When and how should benefits be reported: at the end of the project or at the
end of each iteration or phase?
It documents the high-level information on the project and on the product, service, or
result the project is intended to satisfy, such as:
• Project purpose;
• Assigned project manager, responsibility, and authority level;
• Measurable project objectives and related success criteria;
• High-level requirements;
• High-level project description, boundaries, and key deliverables; Overall project risk;
• Summary milestone schedule;
• Preapproved financial resources;
• Key stakeholder list;
• Project approval requirements (i.e., what constitutes project success, who decides the
project is successful, and who signs off on the project);
• Project exit criteria (i.e., what are the conditions to be met in order to close or to
cancel the project or phase);
• Name and authority of the sponsor or other person(s) authorizing the project charter.
BIS326E– Spring 2022
Lecture (3) Project Management
Close Project
BIS326E– Spring 2022
Lecture (3) Project Management
Is the process of defining, preparing, and coordinating all plan components and
consolidating them into an integrated project management plan.
The project management plan is the document that describes how the project will be
executed, monitored and controlled, and closed. It integrates and consolidates all of the
subsidiary management plans and baselines, and other information necessary to manage
the project.
The project management plan is the document that describes how the project will be
executed, monitored and controlled, and closed. It integrates and consolidates all of the
subsidiary management plans and baselines, and other information necessary to manage
the project.
Close Project
BIS326E– Spring 2022
Lecture (3) Project Management
• Close Project or Phase is the process of finalizing all activities across all of the
• The key benefit of this process is that it provides lessons learned, the formal ending
of project work, and the release of organization resources to pursue new endeavors
Thank You