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CHAPTER 4 - Coggle Diagram
CHAPTER 4
Project Integration Management Processes
Develop the project charter
Develop the project management plan
Direct and manage project execution
Monitor and control project work
Perform integrated change control
Close the project or phase
several Software to Assist in Project Integration Management
Documents can be created with word processing software
Presentations are created with presentation software
Tracking can be done with spreadsheets or databases
Communication software like e-mail and Web authoring tools facilitate communications
Project management software can pull everything together and show detailed and summarized information
Business Service Management (BSM) tools track the execution of business process flows
Methods for Selecting Projects
focusing on broad organizational needs
Three important criteria for projects
There is a need for the project
There are funds available
There’s a strong will to make the project succeed
categorizing information technology projects
One categorization is whether the project addresses
a problem
an opportunity, or
a directive
performing net present value or other financial analyses
Three primary methods
Net present value (NPV) analysis
Return on investment (ROI)
Payback analysis
using a weighted scoring model
criteria
in weighted scoring model
Identify criteria important to the project selection process
Assign weights (percentages) to each criterion so they add up to 100%
Assign scores to each criterion for each project
Multiply the scores by the weights and get the total weighted scores
implementing a balanced scorecard
is a methodology that converts an organization’s value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics