Topic 1-Project Management Framework PDF
Topic 1-Project Management Framework PDF
EM-504
Project Management
Framework and Tools
Resource Person
Dr. Muhammad Wasif, PMP
Deputy Director QEC, Deputy Management Rep. (ISO Cell),
Assistant Professor,
Department of Industrial and Manufacturing Engineering,
NED University of Engineering and Technology.
Unit 1
Project Management
Framework
Resource Person
Dr. Muhammad Wasif, PMP
Assistant Professor
Department of Industrial and Manufacturing Engineering,
NED University of Engineering and Technology.
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Topic 1 ‐ Project Management Framework
What is Project?
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Topic 1 ‐ Project Management Framework
Definition of Project
According to PMBOK;
Project Attributes
1. Unique objective (specifications)
2. Temporary (start and end dates)
3. Developed using progressive
elaboration (phase by phase)
4. Requires resources, often from
various areas (multi‐functional)
5. have a primary customer or
sponsor,
6. Involves uncertainty (Risk)
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Topic 1 ‐ Project Management Framework
Change in Developing new
New product or services New results
Organization compound/material
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Topic 1 ‐ Project Management Framework
Project Operations
New process or product Repeat process or product
One objective Several objectives
One shot – limited life On‐going
More heterogeneous People are homogeneous
Systems must be created Systems in place
Performance, cost & time less Performance, cost, & time
certain known
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Topic 1 ‐ Project Management Framework
Drives to Change
Project moves an
organization from one
state to another in order
to achieve a specific
objective.
Ref: PMBOK, 6th Edition
Projects enable business value creation
In business analysis, business value is considered the return, in
the form of elements such as monitory assets, utility, tools, or
good‐will, strategic alignment in return for something exchanged
For example, building, installing machine, implementing lean
etc.
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Topic 1 ‐ Project Management Framework
Project Management
“Project management is the application of
knowledge, skills, tools and techniques to project
activities to meet project requirements.”
Appropriate application and integration of the
project management processes identified for the
project
For the efficient and effective execution of project
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Topic 1 ‐ Project Management Framework
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Topic 1 ‐ Project Management Framework
Ref: PMBOK, 6th Edition
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Sample Question
An Automobile organization is intended to initiate a group of
projects to introduce its new product line and manufacture it in the
factory keeping in view that the previous product is to be continued
for next full year. This is an example of;
A. Portfolio Management
B. Programme Management
C. Project Management
D. Programme Governance
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Topic 1 ‐ Project Management Framework
Sample Question
A building construction company is intended to change new ERP
system to monitor and control the project work, it is an example of;
A. Meet Regulation, Legal or Social Requirement,
B. Create, improve or fix a product, process or services
C. Satisfy stakeholder need
D. Implement or change business or technology strategy
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It is a framework in
which portfolio,
program, and project
management are
integrated with
organizational enablers
in order to achieve
strategic objectives. Ref: PMBOK, 6th Edition
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Topic 1 ‐ Project Management Framework
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Topic 1 ‐ Project Management Framework
OPM3 Model
Knowledge : Familiarity with the
contents of the Standard is essential.
Assessment : the organization uses an
assessment tool to determine areas of
strength and weakness in relation to
the body of Best Practices.
Improvement : Provides list of
incapability in the organization.
OPM3 provides guidance in placing
these in order of importance, and this
sequence forms the basis for any
subsequent plans for improvement.
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Topic 1 ‐ Project Management Framework
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Component of PMBoK
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Topic 1 ‐ Project Management Framework
A project life cycle is the series of phases that a project passes
through from its initiation to its closure.
It provides the basic framework for managing the project.
Problem
Design Simulation Building Hand over
Analysis
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Topic 1 ‐ Project Management Framework
Problem
Design Simulation Building Hand over
Analysis
Development life cycles can be;
1. Predictive: scope, time, and cost are determined at the start
2. Iterative: scope is known but time and cost are iterated
3. Incremental: successful iteration forms the increment
4. Adaptive: are agile, iterative, or incremental
5. Hybrid: Combination of predictive and an adaptive life cycle
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Topic 1 ‐ Project Management Framework
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Project Phase
A collection of logically related project activities that culminates
in the completion of one or more deliverables.
Phases are identified by its attributes, such as;
Name, Number, Duration, Resource, entrance criteria, exit
criteria etc.
Name of phases must be specific, such as; Concept, development,
Feasibility study, Customer requirements, Solution development
etc.
Problem
Design Simulation Building Hand over
Analysis
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Topic 1 ‐ Project Management Framework
Project Phases
The phases may be
sequential,
Overlapping or
iterative
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Project Stake
Resources
Creativity
Uncertainty
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Topic 1 ‐ Project Management Framework
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Initiating
Planning
Executing
Monitoring & Control
Closure
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Topic 1 ‐ Project Management Framework
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Topic 1 ‐ Project Management Framework
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Topic 1 ‐ Project Management Framework
Knowledge Areas
The Knowledge Areas are:
1. Project Integration Management,
2. Project Scope Management,
3. Project Schedule Management,
4. Project Cost Management,
5. Project Quality Management,
6. Project Resource Management,
7. Project Communications Management,
8. Project Risk Management,
9. Project Procurement Management and
10. Project Stakeholder Management.
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Preparation Budget and tracking the allocations Proj. Cost Mgmt.
Getting the people who can do work and training them Proj. Resource Mgmt.
Tracking the status of information sent on time, meeting Proj. Communication
held etc. Mgmt.
Analyzing which work is needed to accomplish the objective Proj. Scope Mgmt.
Setting the activities in sequence Proj. Schedule Mgmt.
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Topic 1 ‐ Project Management Framework
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Topic 1 ‐ Project Management Framework
PM Processes Interactions
Corrective
Actions
Legend
New Project
Key Project Information/document
Progress
External inputs and outputs Report
Business
Project Interaction between processes
Case
Charter Approved
Changes
Contract
Stakeholder
Register Controlling Progress Report,
Statement of Approved Completion
work (SOW) Changes Report
Approved Changes,
Change Request,
Progress Report
Progress Data
Issue Log,
Initiating Planning Project Closing
Management
Plans
Lesson Learned,
and other inputs
Previous Issue Log,
Updates
Phase Results Lesson Learned
Executing
New Phase
Organizational Enterprise
Process Environmental Lesson Learned,
Assets Factor Updates
Project or Phase
Tailoring is necessary because each project is unique; not every process, tool, technique, Completion Report
input, or output identified in the PMBOK® Guide is required on every project.
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Topic 1 ‐ Project Management Framework
Corporate Business Life Cycle
Policy Needs Project Product in
Realization Retirement
Planning Identification Conception Services
Product Life Cycle
Project Life Cycle
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The raw observations and measurements
identified during activities performed
to carry out the project work.
Project Data, Information
The performance data collected from various
controlling processes, analyzed in context and
integrated based on relationships across areas.
The physical or electronic representation of work
performance information compiled in project
and Report Flow
documents, intended to generate decisions or raise
issues, actions, or awareness.
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Topic 1 ‐ Project Management Framework
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Project Success
Project is successful, if fulfils
the constraints of scope, time,
cost, quality, resources, and risk
as approved
Successful soft launch and
handover to customer
approved by the authorized
stakeholders
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Topic 1 ‐ Project Management Framework
Important Terms
Progressive Elaboration: characteristics of the product,
service, or result of the project are determined incrementally
and are continually refined and worked out in detail as the
project progresses.
Waterfall Technique: used to predictive life cycle, i.e.
something which is well planned and cannot be started again.
Stakeholders: Individual, group or organization, who is
influenced or may influence the project, or perceive to be
influenced by the project
Project Sponsor: who invest the project, internally Executive
of organization, externally any organization.
Customer: who provide specifications.
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Important Terms
Stage Gate Review: Review meeting at the end of a phase to
review the progress and check the exit criteria of the phase.
Kick‐off Meeting: A meeting which is held to complete the
Planning process to finally approve the plan.
Deliverables are outputs, or the end result of either the
completion of the project or the end of a life‐cycle phase of the
project.
Project Charter is a document issued by the sponsor that
authorizes the existence of a project and provides the project
manager with the authority to apply resources to project activities
Project Management Plan is the document that describes how
the project will be executed, monitored, and controlled.
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Topic 1 ‐ Project Management Framework
Sample Question
A project team member informs you that a particular task is taking
much more time than what was budgeted. You are surprised because
you, as a project manager, had not anticipated this delay, and you ask
for status reports and forecasts from all project team members. Which
process group are you in?
A. Initiating
B. Planning
C. Monitoring and Control Control Communication
D. Execution
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Sample Question
For a new project manager, who has never managed a project before,
it is BEST to rely on which of the following to improve chances of
project success?
A. Advice from the outgoing project manager
B. Your project management training Historical information and lessons learned
information are transferred to the lessons learned
C. Historical information knowledge base for use by future projects or
phases. This can include information on issues
D. Intuition and risks as well as techniques that worked well
that can be applied to future projects. The
outgoing manager may or may not have the
complete information but all relevant information
is stored as part of the historical documents
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Topic 1 ‐ Project Management Framework
Sample Question
You are currently managing multiple projects relating to a high‐
profile build‐out of a major retail center. The project is extensive,
with a two‐year timeline. Bob is the project manager responsible for
the east block of the build‐out, and Sally is the project manager
responsible for the north block of the build‐out. Both Bob and Sally
report to you. Your role can best be described as:
A. Lead project manager
B. Department manager
C. Program manager Monitor & control more than one project
D. Portfolio manager
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References
Project Management Body of Knowledge, 5th ed, PMI, USA.
Project Management: A Systems Approach to Planning,
Scheduling, and Controlling, Harold Kerzner, 11th ed, Wiley &
Sons.
PMP Exam Prep, 8th ed, Rita et. Al, RMC.
Project Management: Achieving Competitive Advantage, 3rd ed,
Jeffery, K. Pinto, Prentice Hall.
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