Introduction To Project Management
Introduction To Project Management
Roadmap
In 1995, the Standish Group published a study entitled “CHAOS”. The study found that:
•Only 16.2% of IT projects in US were successful in meeting project goals on time and
on budget.
•Over 31% of IT projects in US were canceled before completion (costing companies
and government agencies over US$ 81 billion).
The above findings do emphasize the need to incorporate formal project management
especially in the IT industry.
SPM
Introduction to Project Management
Project
What is a project?
•A temporary endeavor(i.e., effort) undertaken to create a unique product, service, or
result (PMBOK Guide).
•A unique venture with a beginning and an end, conducted by people to meet
established goals within parameters of cost, schedule and quality.
Projects end when their objectives have been reached or the project has been
terminated.
Projects can be large or small, and can take a short or long time to complete.
SPM
Introduction to Project Management
Attributes of a project
There are several attributes that are unique about a project, including:
• Unique purpose
• Temporary (definite start and end dates; one-time ‘process’)
• Developed using progressive elaboration
• Requires resources, often from various areas (and is limited by cost, schedule,
and resources)
• Should have a primary customer or sponsor: project sponsor usually provides the
direction and funding for the project; customer-focused
• Involves uncertainty
Examples of IT projects:
A small software development team adds a new feature to an internal software
application for the finance department.
A college campus upgrades its infrastructure to provide campus-wide wireless Internet
access.
A company decides what VoIP system to purchase and how it will be implemented.
SPM
Introduction to Project Management
Project constraints
The project manager must consider scope, time, and cost and balance these three
often-competing constraints.
SPM
Introduction to Project Management
Note: Project managers must not only strive to meet specific scope, time, cost, risk, and
quality requirements of projects, they must also facilitate the entire process to meet the
needs and expectations of the people involved in or affected by project activities.
SPM
Introduction to Project Management
Project management
Recall that project managers must not only strive to meet specific scope, time, cost,
risk, and quality requirements of projects, they must also facilitate the entire process to
meet the needs and expectations of the people involved in or affected by project
activities.
SPM
Introduction to Project Management
Stakeholders
These are the people involved in or affected by project activities. They include :
•Project sponsor
•Project manager
•Project team
•Support staff
•Customers
•Users
•Suppliers
•Opponents to the project
Stakeholders’ needs and expectations are important in the beginning and throughout
the life of a project. Successful project managers develop good relationships with
project stakeholders to understand and meet their needs and expectations.
SPM
Introduction to Project Management
A follow-up study by the Standish Group regarding the “CHAOS” study showed some
improvements in IT projects in the US:
•The number of successful projects has doubled, from 16% in 1994 to 32% in 2008.
•The number of failed projects decreased from 31% in 1994 to 24% in 2008.
The study describes what factors contribute most to the success of IT projects
•Executive support
•User involvement
•Experienced project manager
•Clear business objectives
•Minimized scope
•Standard software infrastructure
•Firm basic requirements
•Formal methodology
•Reliable estimates
SPM
Introduction to Project Management
Programs
Examples of programs:
•An IT company may have three programs such as system development, ICT
infrastructure, and ICT research, such that the programs handle system development
projects, ICT infrastructure projects, and ICT research projects respectively.
•A clothing firm may have a program to analyze customer-buying patterns. Projects
under this program might include one to send out and analyze electronic surveys, one
to conduct several focus groups in different geographic locations with different types of
buyers, and a project to develop an information system to help collect and analyze
current customers’ buying patterns.
•A construction firm may have programs for building single-family homes, apartment
buildings, and office buildings.
SPM
Introduction to Project Management
There are hundreds of different software products for supporting project management.
The choice could depend on factors such as: the size of the project, number of projects
to be supported by the product, number of project team members who will need to use
the product, whether the project team members and are dispersed and will require
collaboration, enterprise requirements (e.g. integration with other parts of the
enterprise), etc.
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