Project Management Understanding Project Management
Project Management Understanding Project Management
Lecture 1
Recognize what steps must be taken to complete projects on time and on budget.
Know simple techniques and tools for planning and tracking your project.
What is a Project?
Selling a Project
Temporary Ongoing
Concludes when its specific objectives Adopt a new set of objectives and
been attained the work continues
What is Project Management
A set of tools, techniques, and knowledge that helps you produce better results for your project.
The application of knowledge, skills, tools, and techniques to a broad range of activities
in order to meet the requirements of the particular project and its goals.
Planning
Executing
Closing
Controlling
All of these processes except Controlling correspond to the project life cycle we will discuss .
(Controlling is done during all phases.)
Project Management Basics
1.Integration Management
2.Scope Management
3.Time Management
Project management
can be applied to any project
4.Cost Management regardless of size, budget, or timeline.
5.Quality Management
7.Communications Management
8.Risk Management
9.Procurement Management
What might some resources be for a project?
They can be people, equipment, facilities, funding, or anything else capable of definition
required for the completion of a project activity.
The lack of a resource will therefore be a constraint on the completion of the project activity.
Storable resources remain available if not used and depleted by usage. (water, Fule)
Whether you have identified any costs or not (remember, time is a cost!)?
Quality: Is there a need as outlined by the organization or the clients for the outcomes
to meet certain standards?
Communication: Who needs to be told of project progress? Why must they be told?
What should they be told? How or what medium will be used to communicate?
Contracts: Are there contracts? With whom? Are they third party
(outside of the supplier and customer, such as subcontractors)?
Is there a requirement for training and development?
Sometimes we feel overwhelmed by the thought of taking on one more project, feeling like we are sinking.
Execution Phase
Project Planning Phase
Activity
Conceptual Phase Termination Phase
Time
A Project’s Life Cycle
Milestones
First three milestones in every project are the “go or no go” phase gates
1. After all the preliminary work has been done to shape what the project will look like a critical decision
has to be made.
2. Has all the planning been done? If No? Go back and finish it.
Is this project still something we want to do? In that case, let’s move forward.
3. At the end of execution. Have all the deliverables been given to the customer?
If the final deliverable has been completed, then you can move to the final phase
A Project’s Life Cycle
Phase I : Conceptual Phase
The first phase is Initiation, sometimes called the Conceptual or Create phase.
This phase shapes the project. It often begins after the project has been selected.
Evaluate alternatives
Determining feasibility
This is where the project team identifies the steps and develops the plan for how and when
the project will be accomplished.
This is the most critical and most often neglected phase of the project.
Poor planning or lack of planning here can have consequences all down the line.
If everybody knows what is to be done and they are all on the same page,
the project will go much more smoothly.
A Project’s Life Cycle
Phase II: Planning Phase
Planning usually includes the following steps:
Here is where you get down to working on the project and creating the deliverables.
To make sure the work is on track, the team (or the project manager) must monitor progress,
and if required, recommend changes.
Obtaining money
Recruiting people
Getting equipment
Establishing standards
Monitoring performance
Inspection
Testing
Auditing
Deploy more resources: Get more people, time, or money on the task.
The sponsor assesses the project in terms of goals met and costs incurred.
The team discusses lessons learned and ways the next project can be improved upon.
This is also the time to celebrate success and thank everyone involved with the project.
A Project’s Life Cycle
Phase IV: Termination Phase
Deliver project output to client & train client's personnel to operate project output
Summarize recommendations for future research & development and the lessons learned
A Project’s Life Cycle
Phase IV: Termination Phase
Three Ways to End a Project:
Extinction
The end of all activity on a project, usually before meeting its stated objectives.
Inclusion
Incorporating the project operations and team into the organization as an ongoing entity.
The project work still exists, but the project is no longer separate from the business operations.
Integration
Bringing project team members back into the organization and distributing project results and
outcomes among existing functions.
“Never, ever, accept a project or assignment as it is given. Resist the status quo.”
Have any of you ever taken an assignment and truly ran with it?
Taken it to a new level? And made it more valuable than it might otherwise have been?
Project ideas are all around us and if you feel ready to tackle them,
don’t wait for someone to notice you. Bring your idea forward.
What is the relative cost in time and money for this project?
You can make this work by assigning points to each criterion, say on a scale of 1-10,
or you may assign points depending on their overall value.
For example: Contribution to priority area may rate 15 points, while benefit rates 10 points,
and easy to do rates 5 points.
D
The Role of a Project Manager
Agreed Sponsor:
Agreed Facilitator:
Signed:
The Role of a Project Manager
Give project assignments based on what your staff members are capable of handling.
If you are charged with the task of selecting a project team,
you should consider exactly what skills will be needed before making any team assignments.
The Role of a Project Manager
Key Skills
Flexible
Well rounded
Good at multi-tasking
Able to define goals the team can meet and keep them