Project Management Tools and Techniques
Project Management Tools
and Techniques
An Introductory Course in Project
management Foundations
Training to capstone faculty by Skill Right Sponsored
by Texas Instruments, Inc.
Minor modifications by Nayda Santiago
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What Is Project Management?
¡°Project management is the application
of knowledge, skills, tools, and
techniques to project activities in order
to meet or exceed stakeholder needs
and expectations.¡±
expectations
Source: Project Management Institute
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Benefits of Project
Management
Enables completion of projects in the shortest
time possible while balancing cost and quality
Enhances staffing flexibility and can help
accomplish more work with fewer resources
Provides timely information to multiple levels
of the organization in consistent formats
Enhances decision making based on facts
and project information
Enhances ability to achieve business
objectives and goals
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What Is a Project?
¡°A project is a
temporary endeavor
undertaken to create
a unique product or
service.¡±
service
Source: PMI
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Project Characteristics
Has
a goal/meets a need
Is a set of related activities that are nonrecurring
Has a definite beginning and end
Has clearly defined goals and
deliverables
Consumes resources
Needs to be managed
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