3.chapter 1b What Is A Project
3.chapter 1b What Is A Project
Project Management
A practical guide
Karl van der Merwe
Second Edition
ISBN 978-0-620-72457-9
Satellite Communication
Change
Solar Power
Project
Management
Defence Technology
Battery Technology
High speed
Three gorges
transportation
dam
Technology
Change
Project
Management
Modern City
Infrastructure
Sporting
Stadiums
Project Management is the
leading methodology for
dealing with change
Need/Request
Change
Project
Management
Typical Engineering Projects
What is a project?
A project is a unique endeavour undertaken to
solve a problem or seize an opportunity, which
utilises limited resources, often from various
sources, in a coordinated and
controlled manner with the
ultimate aim of reaching a
collaborative goal in a
predetermined timeframe.
What is a project?
unique Only one (or very few) of them.
Goal The desired outcome or deliverable. Planning and building a new manufacturing line capable of
producing the required amount of units at acceptable
quality standards.
Magnitude The size of the project, usually a function of Designing and developing vehicle assembly facility with a
the amount of resources to be consumed. capacity of 500 000 units per annum as opposed to 50 000
units.
Complexity Normally a function of the amount of sources Multinational projects such as the Airbus A380 project that
from which the resources are drawn or the involved about four countries and sixteen sites aimed at
technological aspects of the project. building the largest passenger plane in the world.
Critical
Risk The likelihood of things going wrong and the High technology projects conducted in countries with poor
consequences thereof. infrastructure – such as the MOZAL smelter.
Uncertainty The degree to which we are unsure of the The exceptionally complicated Hadron large particle
consequences of our actions. collider project.
Cost Quite simply the amount of money to be Compare a wedding planning project to a new vehicle
spent. assembly facility.
Duration The amount of time the project is expected to Short duration projects measured in weeks vs long
take. Generally referred to as the schedule. duration projects measured in years such as the Panama
Canal.
Is it a Project or an Operation?
PROJECTS
High
Space station
Vehicle assembly
OPERATIONS
Uniqueness
Oil refinery
Low
One Many
Number of units
Project Success Criteria
Time
Cost Performance
OUTPUT/INPUT
PM
500
______ = 0.001
200
0.0004
success
500 000
Factors for Successful Projects
How do we know if a project was
successful? Cost (under budget?)
K van der Merwe © 2017 Source: Public domain, Wikimedia Commons, 2016
Project Success Factors
How can we ensure the success of a project?
✓ Develop a clear goal that has buy-in from all the stakeholders.
2500 BC 200 BC
20 YEARS – 100 000 WORKERS 200 YEARS – 800 000 WORKERS