Project Management, business and finance homework help

Project Management

Part 1: 400-600 words

Role of Project Management

In the race for a competitive advantage, today’s organizations are often tasked with multiple large in-house and outsourcing responsibilities when it comes to project management.

1. Read the brief history of project management from this Web site.
2. Then, respond to the following:
   • Explain what project management is, and how it evolved over time.
   • Explain at least 1 thing that has surprised you about the field of project management.

Reference

Haughey, D. (2013, April 21). A brief history of project management. Retrieved from http://www.projectsmart.co.uk/brief-history-of-pro…

Part 2

Project Management Life Cycle

Primary Task Response: write 300–400 words

Research the project management process groups and the project life cycle structure in the PMBOK® Guide, then respond to the following:

• When starting a project, why would a project charter, as described in the PMBOK® Guide Develop Project Charter Process of the Initiating Process Group, be important?
• What is the purpose of the scope statement produced during the Define Scope process of planning the project?
• Explain how the project management process groups are similar to, yet different from, the project life cycle structure.

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