IS Acquisition, Development and Implementation

The project sponsor, a senior business stakeholder who provides funding, champions the project and accepts accountability for the business case.

It provides overall direction, approves major deliverables and scope changes, monitors progress against the business case, and can decide to continue, re-plan or stop the project.

Setting project management standards, methods and templates, supporting project managers, and giving management a portfolio-level view of project status.

Scope, time (schedule) and cost; a change to one normally affects the others and the quality of the result.

A hierarchical decomposition of the total project scope into deliverables and work packages that can be estimated, assigned and tracked.

The longest chain of dependent activities, which sets the shortest possible project duration; its activities normally have zero total float, so any delay to them delays the project.