EMP Lecture 1
EMP Lecture 1
LECTURE NO:1
Recommended Books:
Text Book:
A Guide to the Project Management Body of Knowledge Third
3rd Edition 2004 PMBOK PMI
Reference Book:
Objectives
Inform professionals in the art and science of directing and
Definition
PROJECT:
A temporary endeavor(attempt) undertaken to create a unique
Product, service or result
Temporary: Project has definite beginning and definite ending.
Temporary doesnt mean the short in duration.
It does not apply to the product, service or result achieved
by the project.
services, or results.
Project can create:
1.
2.
3.
Contd
Note:
Project characteristic
1.
2.
3.
4.
Temporary means that any project will have a start dates and an end
date (but it has nothing to do with short duration).
Projects differ from operations, because operations are continuous
and repeating (projects are temporary), and operations deliver the
same or almost the same results (project results are in contrast to
unique).
A temporary piece of work with a finite end date undertaken to create
a unique product or service. Projects bring form or function to ideas
or need.
Planning, execution and controlling of project is the primary field of
project management.
Progressive Elaboration
by increments.
For example, the project scope will be broadly described early in the
project and made more explicit and detailed as the project team
develop a better and more complete understanding of the objectives
and deliverables.
Contd
The purpose of project is to attain the objectives and then
terminate.
Projects are different because the project concludes when its
Project Management
So what is project Management?
It is application of knowledge, skills, tools and techniques to
Identifying requirements
Establishing clear and achievable objectives
Balancing the competing demands for quality, scope, time
and cost
Adapting the specifications, plans and approach to the
different concerns and expectations of the various
stakeholders
specific goals
PMO
Project Management Office
requirements
PM is responsible to deliver specific task while PMO is an
organization with specific mandates.
PM focuses on specified project objectives while PMO
manages major program scope changes
PM control assigned project resources while PMO optimized
use of shared organizational resources
PM manages scope, cost, time and quality while PMO
manages overall risk, overall opportunities and
interdependencies among projects
PM reports on project progress & other project specific
information while PMO provides consolidating reporting and
enterprise overview.