PMM261-2025 - 1 - Introduction To Project Management
PMM261-2025 - 1 - Introduction To Project Management
BELGIUM CAMPUS
A project is temporary.
It should have a start and end date.
The definition for a project is quite precise. You might A project is a coordinated venture.
be faced with a situation where you are unsure Often a project manager is appointed, or a team is assembled.
whether a project manager is needed. Using these
criteria, we can identify a project. A project provides deliverables
Often several reports, products, prototypes, etc., are required.
Building a bridge
Project attributes
Hosting a Company Picnic
What happened?
SMART Success Criteria
Success
criteria
Evaluate these criteria according
to SMART.
Major projects that failed
See if you can find out why these failed:
SCOPE
TIME
BUDGET
QUALITY
RESOURCES
RISK
Project Constraints
A project does not have unlimited funding or time. SCOPE
There are several constraints within which a project
has to be completed. Project scope highlights the required functions
and features and helps to distinguish what is and
SCOPE is not involved in the project. It also controls
what is allowed or removed as it is executed.
RESOURCES
RISK
Project Constraints
TIME
A project does not have unlimited funding or time.
There are several constraints within which a project Time management is a critical aspect of project
has to be completed. management as it involves managing and utilizing
time effectively to ensure that project tasks are
SCOPE completed on time, within budget, and to the
desired level of quality.
TIME
BUDGET
QUALITY
RESOURCES
RISK
Project Constraints
BUDGET
A project does not have unlimited funding or time.
There are several constraints within which a project The financial aspect is one of the most important
has to be completed. components of any project. How much money is
the project initiator/client/sponsor willing to
SCOPE spend? How much extra will they spend in case
something goes wrong? What exactly will the
money be spent on? Will any flexibility be allowed?
TIME
BUDGET
QUALITY
RESOURCES
RISK
Project Constraints
RESOURCES
A project does not have unlimited funding or time.
There are several constraints within which a project Which resource is most important? While all
has to be completed. resources are important, a common argument is
that the people are most important since they can
SCOPE adjust their approach should any of the other
resources become constrained.
TIME
Other resources include time, money, and
materials.
BUDGET
QUALITY
RESOURCES
RISK
Project Constraints
QUALITY
A project does not have unlimited funding or time.
There are several constraints within which a project There needs to be a lot of work done to ensure
has to be completed. quality. Quality = a careful balance between cost,
resources, and time.
SCOPE
In general, high-quality work takes time and
money and the project owner needs to specify how
TIME
important quality is.
BUDGET
QUALITY
RESOURCES
RISK
Project Constraints
Risk
A project does not have unlimited funding or time.
There are several constraints within which a project Risk refers to any uncertain event or condition that, if it
has to be completed. occurs, could have a positive or negative impact on a
project's objectives.
SCOPE
These uncertainties can arise from various sources,
including:
TIME • technological factors,
• market changes,
• environmental issues, and
BUDGET • human error.
RISK
The project environment
What is the project environment?
What do you need to consider? What outside factors will play a role in a
project?
The environment within which the project takes place is crucial. The local
environment as well as the larger culture can have a significant impact. A
South African contractor who builds an apartment building in the
Philippines will need to have a clear understanding of the working culture
there.
What factors can you think of regarding the environment within which the
project will be created.
Project planning
Planning is defined as the act of deciding how to do something.
Project Planning is probably the most time-consuming project
management activity.
• Effective communicator
• Negotiation
• Leadership
• Able to manage risks
• Critical thinking
• Time management
Changing nature of IT projects
What’s the difference between standard
construction/manufacturing projects and IT?