Project Management
Program Overview
Project management and business analysis are important disciplines in achieving project success. When projects fail (over budget, late, or scope shortfall) either discipline, or a combination of both, could be the culprit.
- “86% of organizations reported a shortfall of at least 25% of targeted benefits across their portfolio of projects,” KPMG – Global IT Project Management Survey (2005).
- “Poor requirements management is a major cause of project failure, second only to changing organization priorities,” PMI’s Pulse of the Profession (2013).
- “35% of organizations abandoned a major project in the last 3 years” and “37% of business process change projects fail to deliver benefits,” Logica Management Survey (2008).
- “Fuzzy business objectives, out-of-sync stakeholders, and excessive rework” mean that 75% of project participants lack confidence that their projects will succeed. 78% of respondents reported that the “Business is usually or always out of sync with project requirements,” Geneca Interview based study of software projects (2010-2011).
Over the past two decades, project management has gained recognition and acceptance as a key discipline for achieving project outcomes on-time and within budget. The focus is now shifting from on-time delivery to value delivery. Project managers must facilitate the successful delivery of a project while also achieving the business outcomes that were anticipated at project definition.
Project managers must now rely on and work with business analysts or may even be required to perform some business analysis to ensure that not only are projects done right, but the right projects are started and completed. Trained project managers and business analysts are essential in a multitude of industries – information technology, healthcare, government, business – making this program a beneficial offering for LVC based upon range of clientele; both individual students and organizational partners.
The “Path to Project Success” program at Lebanon Valley College will prepare both project managers and business analysts to facilitate project success and achieve business outcomes. Using industry standards from both the Project Management Institute (PMI) and the International Institute of Business Analysis (IIBA), this program provides the required education for certification (PMP®, PMI-PBASM, CBAP®, and CCBA) from both recognized associations. The program aligns with LVC’s Graduate and Professional Studies programs as a stackable credential for the bachelor’s in Business Administration and the Master of Business Administration degree program.
* Materials in this course are based on the Project Management Institute, Inc. A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, Project Management Institute, Inc. 2013.