Think about what projects are for, and why they are important for all kinds of organizations.
- Have you ever stopped to think about why…everyone seems to be working on projects these days?…I think it's because we live at a time when the world…around us is changing really fast.…Organizations need to adapt to those changes,…and projects are the way that organizations change.…Projects are how ideas become reality.…They're the way that organizations implement strategy.…When you look at it that way,…what really could be more important to the success…and survival of an organization than being good…at planning and implementing projects?…Businesses, non-profits, and government organizations…that can plan and execute projects will have…a strategic advantage in the market place.…
And the professionals with the skills and experience…to lead those projects successfully are in high demand.…This is true in all industries,…in all regions, and in all business functions.…The change that a project is intended to make…is called the scope.…The scope refers to what needs to be done…and how well it needs to be done.…Along with the scope,…
Instructor Daniel Stanton begins the course by reviewing the key skills highlighted in the Project Management Institute (PMI) Talent Triangle, and explaining how strategy and business management fit into your professional development. Next, he explains how to align your project with the priorities of your organization, and effectively communicate the goals, benefits, and risks of your project to your stakeholders. Then, he walks through the different business functions in an organization, including marketing and sales, supply chain management, human resources, and information technology. To wrap up, Daniel explains how to leverage your business acumen to collaborate effectively with individuals throughout your organization.
Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- Identify the role of business acumen in the PMI Talent Triangle.
- Recognize that projects are how businesses implement changes.
- Explore the characteristics of a SMART goal.
- List several business benefits of good customer service.
- Identify common financial documents.
- Review common financial analysis methods.
- Recall the three common approaches to continuous process improvement.
- Identify the differences between strategic, tactical, and operational goals.