PM
ZHAW. International Management. Project Management.
ZHAW. International Management. Project Management.
Kartei Details
| Karten | 44 |
|---|---|
| Sprache | English |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 28.12.2015 / 27.09.2020 |
| Lizenzierung | Keine Angabe (Pinto) |
| Weblink |
https://card2brain.ch/box/pm26
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| Einbinden |
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Definition of project?
Unique venture, with a beginning and an end, conducted by people, to meet goals, within the parameters (cost, schedule, quality)
What are the elements/characteristics of a project?
-complex
-limited
-clear goal
-customer focused
Why are projects important/key motivators?
-shortened product life cycle
-increasing complexity
-global markets etc.
What are the 4 key elements of the success of a project?
-budget
-schedule
-performance
-client acceptance
Why is PM such a challenge?
-operate outside of the normal business
-different mind-set needed
-ad-hoc
-crossing boarders
-time, budget, performance, customer satisfaction
What includes strategic management?
Formulating, implementing, and evaluating cross-functional decisions that allow an organization to meet its objectives.
What are strengths & weaknesses of a functional structure?
+it represents the firm's "design"
+stimulate development of deep knowledge
+pm team members stay connected with their functional group
-siloing
-less customer focus
-projects may take longer
What are strengths and weaknesses of a project structure?
+improved communication
+effective decision-making
+creation of pm experts
-expensive form of organization
-loyalty to the project rather to the firm
-workers unassigned at a project end
