CPT404 Technological Project Management
Week 1 Fundamentals of Project Management
Definition of a project
A project is a temporary endeavor undertaken to create a
unique product, service, or result. (PMBOK 6e, PMI, 2017)
- Temporary endeavor
- Definite beginning and end
- Temporary does not necessarily mean a project has a short duration. (Can be long)
- Deliverables may exist beyond the end of the project
- Unique product, service, or result
- Fulfill objectives by producing deliverables
- An objective = an outcome, a strategic position, a purpose, a product, a result or a service.
- Unique = new, enhanced, or a unique combination
The first modern project —