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Understand the growing need for better project,
program, and portfolio management
Explain what a project is, provide examples of
projects, list various attributes of projects, and
describe project constraints
Describe project management and discuss key
elements of the project management framework,
including project stakeholders, the project
management knowledge areas, common tools
and techniques, and project success factors
Copyright 2012 Kathy Schwalbe LLC
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Discuss the relationship between project,
program, and portfolio management and their
contribution to enterprise success
Describe the project management profession,
including suggested skills for project, program,
and portfolio managers, the role of
professional organizations like the Project
Management Institute, the importance of
certification and ethics, and the growth of
project and portfolio management software
Copyright 2012 Kathy Schwalbe LLC
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Many organizations today have a new or renewed
interest in project management (PM)
◦ In 2011, the average annual salary for someone in the PM
profession was $160,409 in Switzerland (the highest-paid
country), $139,497 in Australia, $105,000 in the United
States, and $23,207 in China (the lowest-paid country)
◦ CareerBuilder.com found that 44% of U.S. employers
listed PM as a skill they looked for in new college
graduates, behind only communication and technical skills
◦ The world as a whole spends about one-quarter of its
gross domestic product on projects of all kinds
◦ Project management is also a vital skill for personal
success
Copyright 2012 Kathy Schwalbe LLC
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A 1995 Standish Group study (The CHAOS
Report) found that only 16.2 percent of information
technology (IT) application development projects
were successful in meeting scope, time, and cost
goals. Over 31...