CH 1
CH 1
CH 1
General Introduction
MEANING & DEFINITION
A project is “a unique endeavour to produce a set of
deliverables within clearly specified time, cost and
quality constraints”. Carl Chatfield
A project can be defined as a “set of related activities
with a specific set of objectives, and controlled by a time
frame and budget”. T K Sinha
PROJECT VS BUSINESSVS OPERATIONS VS
PROGRAM.
Project Business
have a defined timescale can have multiple
accepted/approved forever
resources
PROJECT VS OPERATIONS
Project Operations
temporary repetitive
Unique
ongoing
characterized by:-
characterized by:
a new product, service or process
repeat process, product or service to
that hasn't existed before to create
new value sustain the business
one objective to be achieved and multiple objectives to be achieved
Team work:
Life cycle
Made to order
Multi-skilled staff
Celebrate
THREE DIMENSIONAL VIEW OF
PROJECT MANAGEMENT/TRIPLE
CONSTRAINT
THREE DIMENSIONAL OBJECTIVES
PROJECT MANAGEMENT SKILLS
Planning
Communication
Delivering results
Monitoring risks
Managing resources
ROLES OF THE PROJECT MANAGER
The project manager acts like the captain of a ship who has all
authorities and is responsible for making the ship reach the
shore safely in time or the project completed with its all scope
in proper time and within the cost limits.
His role is integrating various resources (including material,
equipment and people) to attain the objective(s).
ROLES OF THE PROJECT
MANAGER(CONT)
Entrepreneur:
Decision maker:
Communicator:
Change agents:
Motivator:
1. Initiating
determines the nature and scope of the project.
Objectives
Resources needed
Cost estimate
Dependencies
planning includes :
Developing the scope statement
Identifying deliverables
Monitoring includes :-
Measuring ongoing project activities
Monitoring the project variables (cost, effort, scope)
Identifying corrective actions to address risks & issues
Managing changes using the change control process
monitoring process ends once the project has achieved its goals
and objectives
Monitoring also means that sometimes a project is stopped before
completion. B/s for many reasons, including changes in the
business, lack of resources or higher priorities.
CNT
5. Closing
finishing all activities across all process groups, disbanding the
project team and signing off the project with the customer.
This task is done using the project closure report.
Facilitating Functions
Integration Function
CONT : PM KNOWLEDGE AREAS