PMP – Project Introduction

Earlier article we discussed about PMP Course overview, now in this article, we will focus on Project Introduction.

in this, we will cover

• Project Definition
• Project characteristics
• Project Examples
• Reasons why projects fail.

Definition of Project: According to PMI(Project Management Institute), Project is a temporary endeavor undertaken to create unique product, service or result.

Below are Project Characteristics:

• Projects are:
  • Performed by people with limited sources
  • Temporary in nature, executed once and completed
• Projects differ from operations as Operations are on going and repetitive, while Projects are temporary and unique.
• Projects have definite beginning and end.
• Project duration may vary from short to very long about 5 years+.
• Projects considered completed when
  • Defined objectives are met
  • Defined goals can not be met due to time, cost, or chosen tech.
  • Project requirement is changed or Legal /Contractual issues.

Below are examples of Projects

• Implementing new hotel management system.
• Renovating house.
• Building new residential society.
• Migrating a system to new technology.

Lets have a look at a few points why projects fail!

• Main reason for project failure is requirement are not clear/ambiguous
• Scope creep (keep on adding items to defined scope)
• Sponsors not actively involved and not directing properly.
• Frequent changes of the Project Managers.
• Lack of skills
• Deliverable not defined clearly.

Hope this helps!

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