Understanding Project Management

Anonymous

Question Description

Scenario

You work as a project manager for the IT department at your company, a supplier of customized management software packages for the oil industry. Your company is in the process of a big expansion, and the IT department will assume project management responsibility for supporting this growth. While your company does IT projects for its customers, the IT department focuses on your company's infrastructure.

In many of the assignments that follow, you will be expected to use your imagination to create company-specific technology and business detail to translate and detail the realism of the assignment deliverable. In general, you will be capitalizing on the detail that you provide in earlier assignments to build a richer scenario.

Assignment

As your company ramps up its project management infrastructure, you are asked to draw up a memo to upper management.

In a 1-2 page memo, complete the following:

  • Show how project management fits into the big picture in terms of the product life cycle, system life cycle, portfolio management, and program management.
  • Explain how projects relate to each of these organizational contexts.
  • Be sure to reference all sources using APA style.

For more information on APA, please visit the APA Lab.

Tutor Answer

bracz
School: UIUC

Attached.

Running head: PROJECT MANAGEMENT

Project management
Name
Institution

1

PROJECT MANAGEMENT

2
Project management

Project management encompasses a set of proven principles, methods, principles, and
techniques for effective planning, controlling, scheduling, and evaluating the deliverableoriented output of the project (Balakia, 2016). In other words, project management is responsible
for planning, organizing, directing and controlling organizational resources, which are linked to a
particular project. Therefore, this memo discusses the role of project management. Another goal
of this memo is to highlight the relationship between project management, portfolio
management, and program management in an orga...

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