PROJECT

MANAGEMENT
@ProjectsMind
THE

ART AND
SCIENCEOF
GETTING
THINGS DONE
© Projectsmind.com
ART Because there is no one
definitive answer for how
to best manage a project

Because there are well-

SCIENCE developed techniques
& process that can help
to complete a project
successfully.
© Projectsmind.com
Like every ART has its own history,
Project Management also has its own
history.

Project management concept is

not new to human civilization.

Use of project management,

dates back to ancient time.
© Projectsmind.com
 Noah Ark , The Great Pyramid
1300-1000 BCE of Giza, 2570 BC

Hoover Dam The Gantt chart Great Wall of

Project, 1931 Developed by Henry China, 208 BC
Gantt, 1917

Project Mangement, 1950 Critical Path Method Project Management

(CPM) by Dupont Institute (PMI), 1969
Corporation, 1957

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© Projectsmind.com
© Projectsmind.com
Projects are the backbone
of the modern economy.
Everything that we eat, drink,
or touch is result of successful
Project Management.
It was developed from several
fields of application including
civil construction, engineering,
software, & defense. © Projectsmind.com
 Market Demand
Tesla brought efficient
electric car
To reduce the effect of seal
lever rise new breakwater at
coastal areas

Risk Mitigations Strategic Opportunity

New Space program to
capture space travel
market

Why Projects
are needed?
Government policy of green
house gas emission require
solar projects

Legal Requirement Customer Request

Power company need
new gas power plant
Data & AI
advancement leads to
new generation robot

Technological Advance

© Projectsmind.com
Managing projects is crucial for the
success of any firm.

Project
Management is very
common &
ubiquitous,
however, it is often
misunderstood
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What is
PROJECT
MANAGEMENT ?
Project Management Project Management

+ = ? © Projectsmind.com
what IS prOjEct?

© Projectsmind.com
“A temporary endeavour with a beginning & end,
and it must be used to create a unique product,
service or result.”
A series of tasks completed to reach a specific
outcome under given constraints.

Cannot continue forever.

Not like operations.

No same activities are performed every time for same output.

Like, designing Tesla car model is a project, but manufacturing

same car in a production plant, is an operation.
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what IS OpEratIONS?

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“Operations is an ongoing activity that produces
repetitive and long-term outputs like
manufacturing products, supplying services.”
Operation—is an ongoing work efforts.

The objective is to sustain the business.

It is repetitive.

Once objective is reached, adopt a new set

of objectives and continue the work.

© Projectsmind.com
 Project Operations

Temporary Endeavor Ongoing Routine

Temporary means it has a definite It is repetitive continuous process.
beginning and a definite end. Example : Manufacturing of cars.
Example: Designing a new car.

Unique Output Repetitive Output

A project creates a unique The objective of an ongoing
product/ service/ result, or operation is to sustain business by
deliverable, even though producing same product or services.
recurring elements exist.

Terminates once
Adapt new objective
objective are met
Once objective is reached, adopt a
Projects usually divide each project
new set of objectives and continue
into several project phases and end
the work.
closed upon achieving the goal.

© Projectsmind.com
what IS maNagEmENt?

© Projectsmind.com
“Management is an art of getting things
done through and with the people in
formally organized groups.”

Art of creating an environment in which people can perform.

Individuals can co-operate towards attainment of group goals.

Process of dealing with or controlling things or people.

PROJECT Planning

MANAGEMENT
“Project management is the
Organizing

application of knowledge, skills, tools,

and techniques to project activities to
meet the project requirements.” *
Managing resources

© Projectsmind.com * PMI, USA

Still, wondering about Project Management?

Well then, Let me tell you Mike & Ted story !!

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 Does Mike’s Story
sounds familiar to you ?

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Have you notice that Ted
& Mike, both used soft
(art) & hard (science)
skills to manage there
project? © Projectsmind.com
That’s why it’s an
art, and science
of getting things
done.
© Projectsmind.com
A continuous process of
Identifying and Solving
problems.
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It is an integration of various
knowledge areas like scope,
cost, time, and even
communication too.
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With Combination of creative
ideas, knowledge, skills, and
tools, Project Management will
get the job done.
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prOjEct maNagEmENt fOrEfathErS

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 Two forefathers of
Project Management .

Gantt Chart 5 Management

as Tool Functions

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why BuSINESS NEEd prOjEctS?

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Everyone is on a project.
Knowingly or Unknowingly.
Your life is project too.
A tool to promote change.
Projects & business goals
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prOjEct & BuSINESS gOalS?

© Projectsmind.com
 Projects & Company Business goals
Project A

Goal A
Project B
Goal B

Goal C
Project C
Goal D
Project D

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why prOjEct maNagEmENt?

© Projectsmind.com
Project are complex
Numerous Stakeholders
Provides Leadership & Vision
Inspire Team to Project Goals
Absence Leads to chaos
© Projectsmind.com
 PM drive Team towards Goal !
Achievable Timely
objective must be tied to a
Realistic goals will inspire team
specific timeframe for
members to fully leverage their
evoking sense of urgency.
Specific talents to achieve them.
Who is responsible?
What is to be accomplished?
Where is this to be completed?
Why is this important?

Relevant
Team members must be able to see how
a specific goal is relevant to them and to
the work they perform every day.

Measurable
The way to stay on track, aim for target
dates and reach milestones that will
serve as ongoing motivation.
© Projectsmind.com
 Project
is a temporary in nature and A project creates a
unique product/ service/ result, or deliverable, even
though recurring elements exist

Operation
Is a ongoing work efforts, the objective of an
ongoing operation is to sustain the business

Project Life Cycle

The project phase is marked by completion of one or
more deliverables business. Collectively project phases
are known as the Project Life Cycle.

Project Management
To apply knowledge, skills, tools, and techniques to project
activities to meet the project objectives

SUMMARY
© Projectsmind.com
PM Process Groups
PM processes are 5 —initiating, planning, executing,
monitoring and controlling, and closing
Next :
What is
Professional
Project Management?
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