Project Management is different from Operations Management. A complex project is one that is temporary in nature, unique in scope, led by a project manager, executed by a team of experts (normally taken from within the organization), and constrained by the limitations of cost, schedule, and scope (quality).

Put on the Project Sponsor's hat - describe what you want the project to deliver, how much you believe the project will cost, and when you want the project to be completed.

Project Sponsor, "I want you to generate a new ergonomically sound seat for persons that sit at their desks more than 6 hours a day. This seat must be sturdy, attractive, and versatile. I expect to see a tested prototype ready for production within six months and estimate the costs for conducting this project to be no more than $50,000.

With this guidance put on the Project Managers hat - Begin to generate a project plan to meet the Project Sponsor's needs.

Describe the following Project Management tools and how these tools might be used to plan, manage, and control a project. - A Project Budget.

Additionally, explain the role the project manager plays in managing the project's success or failure.