Fundamentals of Project Management

Fundamentals of Project Management

Fundamentals of Project Management

Fundamentals of Project Management

Synopsis

"... a great resource for helping a project manager or other team member to learn new tools and techniques or refresh their knowledge. "-PM World Journal A project management bestseller-revised and better than ever. Boasting sales of more than 200,000 copies , Fundamentals of Project Management has helped generations of project managers navigate the ins and outs of every aspect of this complex discipline. But much has changed in recent years. Fully updated in accordance with the latest version of the Project Management Body of Knowledge (PMBOK), the fifth edition of this classic text remains the perfect introduction to the subject, showing readers how to: Clarify project goals and objectives - Develop a work breakdown structure - Create a project risk plan - Produce a realistic schedule - Manage change requests - Control and evaluate progress at every stage - Lead the project team The book contains new information and expanded coverage on topics including estimating; stakeholder management; procurement management; creating a communication plan; project closure; requirements for PMP certification; and much more. Chock full of tools, techniques, examples, and instructive exercises, this up-to-the-minute guide will help you plan and execute projects on time, on budget-and with maximum efficiency. "

Excerpt

Four years have passed since the Fourth Edition of this book was published, and some important indicators in the project management world have changed, while others have remained the same. According to the recent Project Management Institute (PMI®) “Pulse of the Profession” report, the percentage of projects succeeding (meeting their goals) has remained flat at 64 percent between 2012 and 2015. However, today, high-performing organizations are focusing on the fundamental aspects of culture, talent, and process that support successful projects. These organizations drive project management and meet original project goals and business intent two-and-a-half times more often than low performers. the message from this report is clear: Go back to the basics and lay the foundation for successful projects in the future. the Fifth Edition of Fundamentals of Project Management is an excellent tool for you to lay your own foundation for managing projects and, if appropriate, to continue your journey toward becoming a seasoned project management professional.

Two new chapters have been included in this edition. Stakeholder management was added to the Fifth Edition of the Project Management Body of Knowledge (PMBOK® Guide) in 2013 as a new knowledge area, and, as a result, we have added Chapter 4, “Incorporating Stakeholder Management into the Project Planning Process.” Think about how many people and groups assist you as your projects mature through the project life cycle. Now think about how many of them are impacted by your project deliverables. These people and groups are called stakeholders. Do you identify your stakeholders? Do you manage them from project initiation through closure? Many project managers do not, and their results reflect it. This chapter offers best practices, tools, and techniques that will help you with your stakeholder interactions and management.

The other new chapter included in this edition is Chapter 15, “Closing the Project.” Project closure represents the final process of managing a project. Some of the most successful project managers I

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