MIST 2090 1st Edition Lecture 7 Outline of Last Lecture I. Business ModelingOutline of Current Lecture II. The System Development Life CycleIII. Top Ten IT Skills in DemandIV. What’s a Project?V. Triple ConstraintsVI. Planning a projectVII. Steps to Project ManagementVIII.Current LectureII. The System Development Life Cycle (SDLC)- SDLC- the process for those who want to lead IT-enabled change- Two common approaches for SDLC- Waterfall & Agileo Waterfall- phased approach, some iteration b/w phases, but in general the idea is to minimize this iteration and have everything done before the next phaseo Agile- this phase approach is really difficult, oftentimes you don’t know what you want from a system until you see it; constant continuous iteration of all phases quickly is essence of agileo SCRUM- popular approacho XP- popular approach - Analysis, requirements, Design, Implementation, Analyze- Analyze with respect to the goals of the business, their customer segments, the value the business provides, etc- A firm eye of the business model will help when analyzing any existing situation- Project managers pay attention to the budgets,milsetones, goals and activities throughout the process to make sure that the SDLC process delivers what it is supposed toIII. Top Ten IT Skills in DemandThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.- Project Management- Security- NetWork Administration- Virtualization/Cloud- Business Analysis- Business Process Improvement- Web Development- Database Management- Windows Administration- Desktop SupportIV. What’s a Project?- Unique endeavor, definite start and stop (temporary), creates value (unique product or service)- Project Management Institute (PMI) defines a project by its two key characteristics- all projects are temporary and undertaken to create a product, service, or result that is uniqueV. The Triple Constraints- Resources (cost or budget)Schedule (time)Scope(What are we supposed to do to create value for)- Present in every project – each side constrains the other and constrained by the other two- What can go wrong?o Scope grope- project team cant find scopeo Scope creep- most common term and problem- adding features or capabilities incrementallyo Scope leap- drastic change or increase in the projects scope VI. Planning a project- Projects important in todays innovation-intensive knowledge economy- Information systems proffessionals bring “IT enables change” in organizations through projectsVII. Steps to Project Management- 6 different steps associated w/ project management: initiating, planning, executing, controlling, closing, success- DIFFERENT FROM SDLC MODEL even though they look alike- Projects concerned with a specific start and end whereas the SDLC is concerned with the work systems- technologies and processes that are undergoing the change- Initiation- change leaders need to think about the business case of the project- Executing and controlling steps- analysis of existing systems and processes takes place- Planning- documents developed to manage the project and keep it on tracko Important documents of every project usually are:1. Project charter- This is the key document that through which you translatethe business case to project planning2. Work breakdown structure- Hierachal arrangement of major tasks that need to occur inthe project3. Project schedule (Gantt Chart)- Managers arrange tasks in order and schedule them using a Gantt Chart which is a type of bar chart that is used to illustrate and manage a project