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Unit 7 –Introduction to Project Management

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Unit 7 : Learning Outcomes

▪ 7.1 What is a project?


▪ 7.2 Project Management and the Role of Project Manager
▪ 7.3 Triple Constraint
▪ 7.4 New Quadruple constraint
▪ 7.5 Knowledge Areas
▪ 7.6 Project Life Cycle
▪ 7.7 Project Management Maturity Model
▪ 7.8 Dimensions of Project Success importance
▪ 7.9 The Advantages of Project Management

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7.1 What Is a Project?

▪ A project is “a temporary endeavor undertaken to accomplish a


unique product or service” (PMBOK® Guide)
▪ Attributes of projects
▪ unique purpose
▪ temporary
▪ require resources
▪ have sponsor and/or customer
▪ involve uncertainty

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7.2 What is Project Management?
Project management is “the application of knowledge, skills,
tools, and techniques to project activities in order to meet
project requirements” (PMBOK® Guide), 2000, p. 6

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Role of Project Manager

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Lesson Title Unit Title
7.3 The Triple Constraint
▪ Every project is constrained in
different ways by its
▪ Scope goals: What is the
project trying to accomplish?
▪ Time goals: How long should it
take to complete?
▪ Cost goals: What should it cost?
▪ It is the project manager’s
duty to balance these three
often competing goals

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7.4 Quadruple Constraint of Project Success

Client
Budget Acceptance

Success

Schedule Performance

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7.5 Project Management Knowledge Areas
▪ Knowledge areas describe the key competencies that project
managers must develop
▪ 4 core knowledge areas lead to specific project objectives
(scope, time, cost, and quality)
▪ 4 facilitating knowledge areas -through which the project
objectives are achieved (human resources, communication,
risk, and procurement management)
▪ 1 knowledge area (project integration management) affects
and is affected by all of the other knowledge areas

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Project Management Framework

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7.6 Project Life Cycle
4 Phases of a Project
▪ Project initiation - the development of
the initial goal
▪ Planning – all detailed schedules are
developed
▪ Execution – the actual “work” is
performed
▪ Termination – project is transferred to
the customer and project is closed out.
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Project Life Cycle - Ideal vs Typical

Cost and staffing level


Initiation Planning Execution and control Closing

time
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Project Life Cycle

Man Hours

Conceptualization
Planning Execution Termination
Project Life Cycle Stages

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Project Life Cycles and Their Effects
Client Interest

Project Stake

Resources

Creativity

Uncertainty

Conceptualization
Planning Execution Termination

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7.7 Project Management Maturity
Generic Model

High
Maturity
Institutionalized,
seeks continuous
improvement

Moderate Maturity
Defined practices, training programs,
organizational support

Low Maturity
Ad hoc process, no common language, little support

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7.8 Four Dimensions of Project Success

Importance

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Preparing for
The Future
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2 Business
1 Success
Impact on
Project
Customer
Efficiency

Project Time
Completion

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Six Criteria for IT Project Success

➢System quality
➢Information quality
➢Use
➢User satisfaction
➢Individual Impact
➢Organizational impact

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Your understanding of
the project needs to
match stakeholders’
understanding.
Work to make sure it is
what you end up with!
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Why Management of Projects important ?

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Lesson Title Unit Title
7.9 Advantages of Project Management
➢Better control of financial, physical, and human resources
➢Improved customer relations
➢Shorter development times
➢Lower costs
➢Higher quality and increased reliability
➢Higher profit margins
➢Improved productivity
➢Better internal coordination
➢Higher worker morale
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Presented By : SUMUDU ANNE SAMARAKOON
MSc. in IT MBA University of Colombo MBCS UK

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