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Mis Fnb Project

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Submitted By Z6068281
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Project Management
Fundamentals

Office of the Senior
Associate Vice President for Finance

Project Management Institute
Project Management Fundamentals
 PMI is an aggregation of best practices from thousands of professional project managers
 Principles in this training are based on PMI methodologies, there are other methodologies
 Organizations typically use these as a basis for developing custom project management processes
 For PMPs, this course counts towards PDUs.
Office of the Senior
Associate Vice President for Finance

www.pmi.org

Page 2

GW MS in Project Management
Project Management Fundamentals

Office of the Senior
Associate Vice President for Finance

business.gwu.edu/mspm/

Page 3

Outline
Project Management Fundamentals

1. Project Issues
2. Project Characteristics
– Definition of a Project
– Project vs. Operations
– Key Elements of Project
Management
– Project Lifecycle Phases
– Project Management
Functions

Office of the Senior
Associate Vice President for Finance

3. Project Participants





Project Stakeholders
Project Sponsor & Owner
Project Manager
Project Team

4. Basic Project Tools





Project Charter
Project Management Plan
WBS / Schedule
Action / Risk / Change
Tracking
– Document Management
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Project Issues
Project Management Fundamentals

Office of the Senior
Associate Vice President for Finance

Page 5

Project Characteristics
Project Management Fundamentals

Office of the Senior
Associate Vice President for Finance

Page 6

Definition of a Project
Project Management Fundamentals

Project - A temporary endeavor undertaken to create a unique product, service, or result.
Temporary / Not Ongoing
- Definite beginning and end
- Does not mean a short duration
- Does not necessarily apply to product, service, or

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