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Section I Introduction and Summary of Project Management This paper discusses the meaning of Project Management as discussed by Knod and Schonberger in chapter 17 of our Operations Management text book Projects are large-scale typically expensive one of a kind endeavor that may require months or years to complete and involve major portions of an organizations resources Project manager is a manager or management team having responsibility for a project not a function Various project managers types include project manager commodity manager project coordinator project engineer and brand manager each having a different degree of authority over a project Today project management is in demand but the emphasis falls more on strategic and environmental implications rather than on the tools of project management Projects are represented by a work breakdown structure which may be converted into a network showing relationships among projects activities Project sequence networks may be summarized into key events or milestone diagrams for senior management review Program evaluation and review technique PERT and critical path method CPM are two important tools managers use PERT and CPM group activities into four phases project planning and sequencing time estimating and analysis project scheduling and reporting and updating A successful Project Manager must simultaneously manage the four basic elements of a project resources time money and most importantly scope To excel at this position an individual must have great communication and interpersonal skills attention to detail and strong analytical skills In conclusion a project mangers effectiveness or lack of is the determining factor as to whether a project will complete successfully The following is a summary of what I found in an article about project management Section II Article- Project Management 101 Introduction and Summary The article Project Management 101 by F John Reh is a broad overview model of all the aspects of projects management Reh saysA successful project manager PM must simultaneously manage the four basic elements of a project resources
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