PMBOK Reading Notes - Chapter One

Chapter One:

1.  A project is a temporary endeavor undertaken to create a unique product, service and result.

Temporary != short duration.

Temporary not -> product, service and result

 

2. Project management is the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.

 

3. Five process group: Initiating, planning, executing, monitoring and controlling, and closing.

 

4. Managing a project typically includes:

* Identifying requirements

* Addressing the various needs, concerns and expectations of the stakeholders as the project is planned and carried out

*Balancing the competing project constraints: Scope, Quality, Schedule, Budget, Resources and Risk. –RRSSQB

 

5. Progressive elaboration 渐进明细

 

6. Portfolio management

-- Includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work. 

-- Projects and programs are reviewed to prioritize resource allocation.

-- Be consistent with organizational strategies.

 

7. Program: a group of related projects to obtain benefits and control not available for them individually.

 

8. Projects in a program have common outcome or collective capability.

 

9. Projects intersect with operations:

-- At each closeout phase

-- When developing a new product, upgrading a product, or expanding outputs

-- Improvement of operations or the product development process

-- Until the divestment of the operations at the end of the product life cycle.

 

10. Project manager should process the following characteristics:

-- Knowledge: know about the project management

-- Performance: be able to accomplish while applying the knowledge

-- Personal: characteristics