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1: Project Management Framework

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    123855
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    Introduction

    This chapter introduces the fundamentals of project management and clarifies what defines a project versus ongoing operational work. It explores how scope, time, and cost interact through the triple constraint and why changes to one dimension affect the others. You will examine how projects, programs, and portfolios align with organizational strategy and decision-making. The chapter also outlines the skills, competencies, and roles that enable project managers to lead effectively within different organizational structures. Finally, it walks through the project life cycle, core process groups, and major delivery frameworks, emphasizing how tailoring and governance shape real-world project success.

    Learning Objectives

    By the end of this chapter, you should be able to:

    • Define what constitutes a project and explain how projects differ from ongoing operations.
    • Describe the triple constraint and how changes to scope, time, or cost affect one another.
    • Distinguish between projects, programs, and portfolios and explain how they relate to organizational strategy.
    • Identify the qualities, competencies, and areas of expertise that effective project managers need.
    • Recognize the key roles in the project management ecosystem and how they interact.
    • Explain how organizational structures influence a project manager’s authority and effectiveness.
    • Describe the project life cycle, its phases, and the five process groups.
    • Compare predictive, adaptive, and hybrid frameworks and understand when each is appropriate.
    • Apply the principles of framework tailoring and governance integration to real-world project contexts.

     

    Thumbnail: Project Management Framework by Planbox is licensed CC BY-SA 3.0

     


    1: Project Management Framework is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by LibreTexts.

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