Essay about Abcd

12767 Words Jul 29th, 2013 52 Pages
Chapter 1 An Introduction to Project, Program, and Portfolio Management
LEARNING OBJECTIVES
After reading this chapter, you will be able to: Understand the growing need for better project, program, and portfolio management Explain what a project is, provide examples of projects, list various attributes of projects, and describe project constraints Describe project management and discuss key elements of the project management framework, including project stakeholders, the project management knowledge areas, common tools and techniques, and project success factors Discuss the relationship between project, program, and portfolio management and their contribution to enterprise success Describe the project management profession, including
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And believe me, it was not easy. It’s never easy to implement changes across an entire company. But with this new capability to manage projects across the organization, I am very confident that we will have continued success in years to come.”

INTRODUCTION
Many people and organizations today have a new or renewed interest in project management. In the past, project management primarily focused on providing schedule and resource data to top management in just a few industries, such as the military and construction industries. Today’s project management involves much more, and people in every industry and every country manage projects. New technologies have become a significant factor in many businesses, and the use of interdisciplinary and global work teams has radically changed the work environment. The statistics below demonstrate the significance of project management in today’s society: In 2007 the total compensation for the average senior project manager in U.S. dollars was $104,776 per year in the United States, $111,412 in Australia, and $120,364 in the United Kingdom. The average total compensation of a program manager was $122,825 in the United States, $133,718 in Australia, and $165,489 in the United Kingdom. The average total compensation for a Project Management Office (PMO) Director was $134,422 in the United States, $125,197 in Australia, and $210,392 in the United Kingdom. This survey was 1 based on self-reported data from

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