Project Management Project Information, History, Intent, and Life Cycle Gray and Larson, (2008) define project as "a temporary endeavor undertaken to create a unique product, service, or result." (p 5). Essential feature of a project is that it has a defined beginning and end often subject to time or fund constraint to achieve stakeholder's goals and objectives. Gray and Larson (2008) differentiate between project and program. "A program is a group of

Project Management The part one of this project discusses several challenges that can affect the success of a project. Ineffective project management and inefficient project planning are part of the top challenges of project implementation, which consequently lead to project failures if these challenges are not effectively managed. In the contemporary project environment, one of the major challenges facing project implementation is the project's risks, typically, every project carries risks and

Change management is very critical in project management and must be covered in this set of three articles. #2: The rest of the students are not interested in academic careers, however, you feel it is important that they receive a theoretical knowledge of the subject matter. What five essential theoretical lessons would you share with your students that you feel are the most important in assuring professional success as a

Project Management Your company planning construct a nuclear power plant Oregon. What is a project life cycle, and how does it support project success? Ensure you define the basic stages of a project life cycle and the primary activities that take place. According to Bin and Heiser (2004) project life cycle refers to the stages a project goes through from the beginning till it is completed. The project life cycle will indicate how a

(Braunschweig; Day, 150) Most of the current generation of project managers expects the project management tools to furnish them with almost real-time knowledge in order to facilitate their decision-making. Some of these tools like DOFF, "Field of the Future," "Smart Fields," Microsoft's "Oilfield Connectivity" and i-Fields are currently being examined by exploration and production oil companies. Some of these tools have the capability of generating information from apparently incongruent data

The reasons for optimization of the project plan are to save time, to save money and to save in over-allocation of human resources to the project. Management of people, processes, and performance is critical in project management success. According to the work entitled: Integrated Project Management Optimization: "In this case the decision space is confined by the restricted human capacity and the candidate architectural solutions. The well-known limits are the