PM Q Summary Lec1 - 2
PM Q Summary Lec1 - 2
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What is the growing need for better project management, especially for information technology (IT) projects?
The growing need for better project management, especially for information technology (IT) projects, is driven
by the increasing complexity and importance of IT projects in organizations.
What is the growing need for better project management, especially for information technology (IT) projects?
The growing need for better project management, especially for information technology (IT) projects, is driven
by factors such as the increasing complexity of IT projects, the need to deliver projects on time and within
budget, and the high failure rate of IT projects.
List various attributes of projects.
Various attributes of projects include having a unique purpose, being temporary, requiring resources from
various areas, having a primary customer or sponsor, and involving uncertainty.
What are the two basic principles of project management suggested by Robert Butrick?
The two basic principles suggested by Robert Butrick are: 1) Make sure your projects are driven by your
strategy, and 2) Engage your stakeholders.
What are some responsibilities included in most project management job descriptions?
Some responsibilities included in most project management job descriptions are planning, scheduling,
coordinating, and working with people to achieve project goals.
What are the four areas of knowledge and skills required for project management?
The four areas of knowledge and skills required for project management are: 1) Application area knowledge,
standards, and regulations, 2) Project environment knowledge, 3) General management knowledge and
skills, and 4) Soft skills or human relations skills.
What skills are important for large projects, high uncertainty projects, and very novel projects?
For large projects, important skills include leadership, relevant prior experience, planning, people skills,
verbal communication, and teambuilding skills. For high uncertainty projects, important skills include risk
management, expectation management, leadership, people skills, and planning skills. For very novel
projects, important skills include leadership, people skills, having vision and goals, self-confidence,
expectation management, and listening skills.
Why is project management knowledge and skills important even for technical roles?
Even for technical roles, project management knowledge and skills are important to help the team and
organization succeed.
What are the two basic principles of project management suggested by Robert Butrick?
The two basic principles suggested by Robert Butrick are: 1) Make sure your projects are driven by your
strategy and 2) Engage your stakeholders.
What are some responsibilities included in most project management job descriptions?
Some responsibilities included in most project management job descriptions are planning, scheduling,
coordinating, and working with people to achieve project goals.
What is a project?
A project is a temporary endeavor undertaken to create a unique product, service, or result.
What is a program?
A program is a group of related projects managed in a coordinated way.
What are some global dynamics forcing organizations to rethink their practices?
Some global dynamics forcing organizations to rethink their practices include talent development for project
and program managers, good project portfolio management in tight economic conditions, core competencies
in basic project management techniques, adoption of agile approaches, and benefits realization of projects
as a key metric.
LEC 2
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What is the systems view of project management and how does it apply to information technology (IT)
projects?
The systems view of project management is a holistic approach that considers the project within the context
of the organization. It recognizes that projects are part of a larger system and that changes in one part of the
system can impact other parts. This view is particularly relevant to IT projects because they often involve
integrating various systems and technologies.
Why are stakeholder management and top management commitment critical for a project's success?
Stakeholder management is important because projects involve various individuals and groups with different
interests and expectations. By effectively managing stakeholders, project managers can ensure their needs
are met and gain their support. Top management commitment is crucial because it provides the necessary
resources, authority, and support for the project to succeed.
Why is it important for senior managers to ensure that projects continue to support current business needs?
Senior managers play a crucial role in aligning projects with the organization's strategic goals and ensuring
that they continue to support current business needs. By regularly evaluating projects and their alignment
with business objectives, senior managers can make informed decisions about resource allocation and
project prioritization.
What are the three basic organizational structures commonly used in project management?
The three basic organizational structures commonly used in project management are functional, project, and
matrix. In a functional structure, functional managers report to the CEO and have authority over their
respective departments. In a project structure, program managers report to the CEO and have authority over
the projects they manage. In a matrix structure, personnel often report to two or more bosses, creating a
balance between functional and project structures.
What percentage of IT projects were considered successful in terms of meeting scope, time, and cost goals
according to a study?
According to a study on IT project failure, only one in eight (12.5 percent) of the 214 projects examined were
considered successful in terms of meeting scope, time, and cost goals.
What are the four frames of organizations and how can they help meet stakeholder needs?
The four frames of organizations are structural, human resources, political, and symbolic. The structural
frame focuses on roles, responsibilities, and formal relationships within the organization. The human
resources frame emphasizes the needs and capabilities of individuals and the importance of employee
development. The political frame recognizes the existence of power dynamics and the influence of different
stakeholders. The symbolic frame looks at the organization as a system of shared meanings and symbols. By
considering these frames, project managers can better understand and address the needs and expectations
of various stakeholders.
What are some ways in which top management can support project managers?
Top management can support project managers by providing adequate resources, approving unique project
needs in a timely manner, getting cooperation from other parts of the organization, and mentoring and
coaching on leadership issues. By ensuring that project managers have the necessary resources and
support, top management can help create an environment conducive to project success.
What should a project successfully pass through in order to continue to the next phase?
Each of the project phases
What is Scrum?
Scrum is an agile development method that is used for completing projects with a complex, innovative scope
of work. The term was coined in 1986 and is inspired by the scrum formation used by rugby teams.
What is Kanban?
Kanban is a technique that can be used in conjunction with Scrum. It was developed by Toyota Motor
Corporation and uses visual cues in the form of Kanban cards to guide workflow.