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This is one of lecture from a full series on Operations Management. Main points from the lecture are: Project Management, Product Or Service, Global Competition, Knowledge Explosion, Corporate Downsizing, Increased Customer Focus, Characteristics of Projects, Specific Deliverable, Specific Due Date, Part of Programs
Typology: Slides
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Project Management Institute, 2000
Why the emphasis on project
management?
as-usual.
for achievement of organizational goals.
4,400 6,415 10,
18, 27,
52,
128,
207,
235,
260,000+
2,
Other Common Characteristics of
Projects
Why Some Projects Fail………
Five Reasons for Failure
…..and Others Succeed
Three Reasons for Success
Business Failures
The construction industry is the largest single employer of the country’s work force, it makes a major contribution to the gross national product, and yet suffers one of the highest annual business failure rates in the country. Studies have shown that the number of failures in the construction industry is much higher than it should be. The reason for the high failure rate is not because owners of companies do not have the technical skills required for construction but because owners have not developed adequate business management skills or techniques.-- -in particular; communication skills!
Skill Requirements for Effective
Project Management
Universal Truths