Why Are Successful Projects so Important to Hewlett-Packard? Essay

996 Words Sep 18th, 2012 4 Pages
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Chapter 1

Projects in Contemporary Organizations

Copyright 2012 John Wiley & Sons, Inc.

Introduction
Rapid growth in project management  In the past, most projects were external

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Building a new skyscraper New ad campaign Launching a rocket Developing a new product Opening a new branch Improving the services provided
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Growth lately is in internal projects
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How Project Management Developed


Credit for the development of project management goes to the military
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Navy’s Polaris program NASA’s Apollo space program Development of “smart bombs” and “missiles”

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Project management has found wide acceptance in industry It has many applications outside
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The main purpose for initiating a project is to accomplish some goal  Project management increases the likelihood of accomplishing that goal  Project management gives us someone (the project manager) to spearhead the project and to hold accountable for its completion

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Negative Side to Project Management Greater organizational complexity  Higher probability organizational policy will be violated  Says managers cannot accomplish the desired outcome  Conflict


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The Project Life Cycle

Figure 1-3

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Time Distribution of Project Effort

Figure 1-4

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Another Possible Project Life Cycle

Figure 1-5

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Risk During at the Start of the Life Cycle

Figure 1-6

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Risk During the Life Cycle

Figure 1-7

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