Professional Documents
Culture Documents
CHALLENGE OF PM
Project Manager
Manages temporary, non-repetitive activities & frequently
acts independently of formal org
Marshals PROJECT resources
Linked directly to customer interface
Provides direction, coordination, integration to project
team
Responsible for performance & success of project
Induce right people at right time to address right issues &
make right decisions
IMPORTANCE OF PM
Factors leading to increased use of PM:
Compression of PLC
Global competition
Knowledge explosion
Triple Bottom Line
Corporate downsizing
Increased customer focus
Rapid devt of 3RD World & closed economies
Small projects represent big problems
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INTEGRATED PM SYSTEMS
Problems from use of piecemeal PM systems:
Do not tie together overall strategies of firm
Fail to prioritize selection of projects by importance of
their contribution to firm
Not integrated throughout PLC
Do not match planning & controls w/org culture to make
appropriate adjustments in support of project endeavors
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INTEGRATED PM SYSTEMS
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