Project Management

14. Project Management#

Project management helps organizations plan, coordinate, control, and learn from systems work. This chapter introduces planning, quality, and sourcing as practical foundations for delivering useful systems.

Video

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Learning Objectives

By the end of this chapter, you will be able to:

  1. Develop a business-case rationale that compares feasible alternatives and portfolio constraints.

  2. Connect scope, schedule, cost estimates, benefits, stakeholders, and risks.

  3. Distinguish quality assurance, quality control, and evidence-based acceptance.

  4. Evaluate sourcing options, service commitments, vendor dependence, and transition costs.

Concept Map

Glossary

#

Term

Explanation

1

Project

A temporary effort to create a unique product, service, system, or result.

2

Project management

Planning, coordinating, and controlling project work to meet goals and constraints.

3

Business case

A justification for a project based on expected costs, benefits, risks, and strategic fit.

4

Portfolio

A set of projects or programs managed together to support organizational strategy.

5

Scope

The work and deliverables included in a project.

6

Schedule

The planned timing and sequence of project activities.

7

Budget

The planned financial resources for a project.

8

Cost-benefit analysis

Comparing expected costs with expected benefits to support a decision.

9

Return on investment

A measure comparing project benefits or returns to costs.

10

Net present value

The value today of future benefits and costs after discounting.

11

Risk management

Identifying, assessing, prioritizing, and responding to project risks.

12

Stakeholder management

Identifying stakeholders and managing their expectations, needs, and influence.

13

Change management

Preparing people and processes to adopt a new system or way of working.

14

Quality assurance

Process-oriented work that prevents defects and improves how quality is built in.

15

Quality control

Inspection or testing work that detects defects in outputs.

16

Vendor management

Selecting, coordinating, monitoring, and evaluating external suppliers.

17

Outsourcing

Contracting work or services to an external provider.

18

Service level agreement

A contract or agreement defining expected service performance and responsibilities.

19

Project failure

A project outcome that misses important goals for value, scope, quality, adoption, budget, or schedule.

20

Implementation success

A project result where the system is delivered, adopted, and creates intended value.

Lecture Slides

Chapter 14 Slides

These lecture drafts follow the authored sections and aligned assignments.