Project Management Statistics
oA Total global spending on technology goods, services, and staff was projected to reach $2.4 trillion in 2008
oIn the U.S. the size of the IT workforce topped 4 million workers for the first time in 2008
 
oIn 2007 the total compensation for the average senior project manager in U.S. dollars was $104,776 per year in the United States, $111,412 in Australia, and $120,364 in the United Kingdom
 
oThe number of people earning their Project Management Professional (PMP) certification continues to increase
 
????oA project  :
"a temporary endeavor was undertaken to create a unique product, service, or result" (PMBOK(R) Guide, Fourth Edition, 2008, p. 5)
oProjects end when their objectives have been reached or the project has been terminated
oProjects can be large or small and can take a short or long time to complete
oOperations is work done to support the business
o systems have input, processing, and output
oA cybernetic system, a self-monitoring, self-regulating system, adds feedback and control:
-Feedback is data about the performance of a system
-Control involves monitoring and evaluating feedback to determine whether a system is moving toward the achievement of its goal
 

Project Example 1
omanufacturing cell phone cases:
oA cell phone company is interested in manufacturing a special cell phone case for their newest model.Examples of IT Projects
oA small software development team adds a new feature to an internal software application for the finance department
 
oA college campus upgrades its technology infrastructure to provide wireless Internet access across the whole campus
 
oA company decides what Voice-over-Internet-Protocol (VoIP*) system to purchase and how it will be implemented
 
o(* A protocol for transmitting the human voice in digital form over the Internet or other networks as an audio stream, instead of using traditional telephone lines.Project Attributes
oA project:
oHas a unique purpose
oIs temporary
oIs developed using progressive elaboration
oRequires resources, often from various areas
oShould have a primary customer or sponsor
oThe project sponsor usually provides the direction and funding for the project
oInvolves uncertainty
????VoIP uses the Internet  Protocol (IP), but is not limited to communication by computer--even phone-to-phone  communication can be conducted using this technology.???????...?????????????...